Non-Profit Accounting Overview (PRE-CONFERENCE WORKSHOP | ONSITE ONLY)

Please join us for an engaging session focused on the key concepts of nonprofit accounting under US GAAP, presented by a team of experts with a combined professional experience of 125 years. This comprehensive overview will cover key concepts and practical applications essential for certified public accountants in the nonprofit sector. We will explore the differences between contributions and exchange transactions, before taking a closer look at donor restrictions and conditional contributions. Then we will turn our focus to UPMIFA and the related accounting implications and disclosures for endowments. After that, we will review the core concepts of expense allocation and reporting for nonprofits. Finally, we will examine the unique attributes of financial statement presentation for nonprofits. This session aims to provide you with the knowledge and skills to effectively and accurately apply the unique aspects of nonprofit accounting and enhance financial reporting quality.