- NY Credits : 7.0
- TX Credits : 7.0
Companion to PPC's Guide to Preparing Financial Statements - Course 3 - Affiliated Organizations and Other Related Entities (NFSTG183)
Recognize the different types of financial relationships for nonprofits and the accounting differences between these relationships, such as mergers and acquisitions.
Determine when to include financial results of another entity in nonprofit financial statements.
Recognize proper methods for presenting consolidated financial statements for nonprofit organizations including appropriate disclosures.
Identify when and how to use consolidating or combined financial statements and when to apply the equity method for transactions.
Lesson 1—Accounting Guidance for Mergers, Acquisitions, and Other Financial Relationships
Lesson 2—Consolidated, Consolidating, and Combined Financial Statement Presentation and Equity Method Reporting