The Most Critical Challenges in Not-for-Profit Accounting Today
4.00 Credits
Member Price $150.00
Price will increase by $25 after 7/31
Non-Member Price $200.00
Price will increase by $25 after 7/31
Overview
HELENA CLUSTER CLASS
In recent years, not-for-profits have applied critical new standards related to contributions of nonfinancial assets, leases, and more. However, with all the focus on the new stuff, have we forgotten any of the old stuff? FAST ASC 958 has a great deal to say about various accounting and reporting issues in the form of its implementation guidance and illustrations. Not knowing this guidance can result in lost time and erroneous application of GAAP. In this course, we will review some of the most critical illustrative not-for-profit guidance issued by the FASB.
This course also has a VIRTUAL option. Please see 'MTCPA Webcasts' tab on the CPE page.
HOTEL
MTCPA has a room block at the Delta Hotels Helena Colonial on 8/19-20/2025-. Please reference "Montana Society of CPAs" when calling to book. 406-443-2100 or 866-211-4604. Standard Room: $199 + tax. Rate available until 8/01/2025
Highlights
- Key issues related to not-for-profit financial reporting (e.g. presenting a measure of operations, various disclosures, concentrations of risk, and etc.)
- Key challenges encountered in not-for-profit accounting (e.g., contributed services, restricted contributions, conditional contributions, membership dues, noncash contributions, and etc.)
- Additional issues in not-for-profit financial reporting
Prerequisites
Knowledge of not-for-profit accounting
Designed For
Not-for-profit industry professionals and auditors
Objectives
After attending this course you will be able to . . .
- Identify the critical changes occurring in not-for-profit accounting today
- Skillfully implement today's most challenging FASB standards affecting no-for-profits
- More effectively audit not-for-profit entities through superior knowledge of key accounting issues
Preparation
None
Leader(s):
Leader Bios
Jeffrey Lieman, Surgent McCoy Self Study
Jeffrey Lieman, CPA Mr. Lieman currently heads his own consulting firm, Lieman Associates LLC, in Owings Mills, Maryland. He provides consulting services, contractual assistance services, and training to CPAs, their firms, and their clients. He is recognized nationally as a lecturer for various accounting, auditing, and technology topics and has been quoted in various trade journals. Since 2016, he has received the Surgent Outstanding Discussion Leader Award because of his consistently high evaluations for knowledge and presentation skills. Mr. Lieman’s previous experience included serving as the chief financial examiner for the Maryland Insurance Administration and being a director for Ellin & Tucker, Chartered. He trained staff in many areas of accounting, administration, and consulting. He also served as a senior manager and national trainer with KPMG in Baltimore, Maryland where he developed training materials for staff and instructors. He was elected Chairman of the Year by the Maryland Association of CPAs for chairmanship of the Computer Resources Committee.
Non-Member Price $200.00
Member Price $150.00