Available in:

OnDemand Course

Financial Statement Disclosures for Nonprofits

Learn how to prepare note disclosures unique to nonprofits.

Gain a better understanding of how to prepare note disclosures unique to nonprofits and learn how to get the most out of the reporting process. This information will focus on providing awareness of deficiencies in NPO financial statement disclosures. This material will discuss policy options to streamline accounting, and consideration will be given to completeness of disclosures. Previously issued, recently added, upcoming required and less common financial statement disclosures will also be discussed.

81 minutes
Course Exam
Certificate of Completion
Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Something Old: Previously Issued Disclosure Requirements

  • General Disclosure Tips
  • Inkind
  • Fair Value and Investments
  • Endowment
  • New Pronouncement Implementation
  • Prior Period Adjustment Requirement

Something Recent: Financial Statement Disclosures Added Recently

  • ASU 2016-14 Disclosures
    • Availability and Liquidity
    • Net Assets
    • Endowments
    • Expenses

Something New: Financial Statements Now Required

  • Revenue Recognition
    • ASU 20149
    • ASU 20188
  • Restricted Cash
    • ASU 201618

Something Coming: Upcoming Required Financial Statements

  • Leases

Something Else: Less Common Disclosures

Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on April 29, 2020.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Janet Ramey

Janet Ramey

Brown Smith Wallace LLC

  • Principal in the audit services practice at Brown Smith Wallace LLC
  • Started and leads the Not-for-Profit Industry Group of Brown Smith Wallace LLC
  • A frequent speaker at local and national seminars and conferences, she has publicly presented on many technical topics including fair-value measurement, internal controls, accounting updates and implementations, enterprise risk management, best practices for tax-exempt organizations and accounting for contributions and gifts
  • Written or contributed to several articles and white papers on not-for-profit health check-ups, audit committees and board governance
  • Member of the board of directors and audit committee of the United Way of Greater St. Louis and National Safe Place and is involved with several community and other not-for-profit boards and committees
  • Member of the AICPA and the MOCPA
  • B.S. degree in accounting, University of Alabama at Birmingham
  • Can be contacted at 636-754-0231 or [email protected]
Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • OnDemand Courses
  • Live Webinars
  • MP3 Downloads
  • Course Manuals
  • Executive Reports
  • White Papers and Articles

Additional benefits include:

  • State Specific Credit Tracker
  • All-Access Pass Course Concierge

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today
With This Course

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.

Product ID: 405649
Purchase Options

Available in Multiple Formats

Purchase this course and learn on your schedule!