- NY Credits : 7.0
- TX Credits : 7.0
Companion to PPC's Guide to Preparing Nonprofit Financial Statements - Course 1 - Financial Statement Notes and Special Purpose Frameworks (NFSTG181)
Identify the appropriate presentation for a nonprofit organization’s financial statement notes, and how to determine necessary disclosures.
Determine the best way to deal with common problems that arise when preparing frequent disclosures for the notes in a nonprofit organization’s financial statements prior to the adoption of ASU 2016-14.
Recognize how to approach the disclosure of information about financial instruments.
Determine when a nonprofit organization might use a special purpose framework and what form the financial statements might take.
Identify specific considerations that apply when nonprofit organizations use the pure cash basis, the modified cash basis, and the tax basis of accounting.
Lesson 1—Notes to the Financial Statements
Lesson 2—Special Purpose Frameworks