Not-for-Profit Organizations: Treasury Utilizing QuickBooks 25-26
Webcast Only
8.00 Credits
Member Price $349.00
Non-Member Price $459.00
Overview
Not-for-profit organizations always need volunteers as treasurers or members of the financial oversight committee! CPAs are often asked to fulfill these roles. This course highlights the accounting needs of such organizations. Along with covering the status of the not-for-profit organizations, an update on recent ASC updates affecting nonprofit entities is covered. QuickBooks 2024 Desktop will be used to demonstrate how its tools provide more efficient and effective financial management for your not-for-profit entity. This course is geared toward hands-on, or future hands-on, treasurers of service clubs and similar not-for-profit organizations.
Highlights
- Financial entity
- IRS filing status
- Recent ASC updates affecting nonprofits
- Inflows and Outflows
- QuickBooks Desktop
- Setup
- Data entry
- Reporting
- Governance policies and budgeting
Prerequisites
None
Designed For
CPAs, and financial and managerial professionals.
Objectives
- Identify the accounting needs of not-for-profit organizations, specifically membership and service organizations
- Identify the financial statements required by US GAAP, including recent ASU updates for not-for-profit entities
- Illustrate, using QuickBooks 2024 Desktop, the types of transactions usual for not-for-profit membership and service organizations
- Discuss the need for governance policies and budgeting in a not-for-profit membership and service organization
Preparation
None
Leader(s):
Leader Bios
Bobbe Barnes, CalCPA Education Foundation
Bobbe Barnes is an educator and consultant with professional experience in IFRS, US GAAP and certification training around the world. She recently completed nine years overseas working in emerging economies, where she led the team that developed the Certified International Professional Accounting certificate program, comprising training courses and examinations. Ms. Barnes has worked around the world, including the USA, Africa, Central and Eastern Europe, Central Asia, Russia, Ukraine, Middle East, China, Indonesia, Malaysia, Mongolia and South Korea. Ms. Barnes is a CPA, a Certified Management Accountant (CMA) and a Certified Government Financial Manager (CGFM). In addition, she is active in the Institute of Management Accountants, having served on the Board of Directors, and is currently serving on the Standing Advisory Committee of the IMA Leadership Academy. Recently, she was a keynote speaker at the International Accounting and Auditing Conference in Tashkent, Uzbekistan and a speaker at the fifth annual Middle East IFRS and Accounting Summit 2009 in Dubai, where she also conducted a full day workshop on Financial Instruments.
Non-Member Price $459.00
Member Price $349.00