Kaplan University School of Professional and Continuing Education Kaplan University School of Professional and Continuing Education

Not-for-Profit Update (NFPU2)

NEW! 2-Hour Program

WHY ATTEND THIS COURSE?

This program provides a 2018 update of the issues at the forefront of industry to assist the auditor in assessing risk. It also includes updates to FASB guidance through March 2018 with a specific section on the new not-for-profit financial statements, complete with disclosure examples. We will also discuss the FASB’s decisions to date related to the accounting for grants, as well as a discussion of the AICPA’s task force recommendations related to revenue recognition.

DESIGNED FOR...

  • Practitioners working with nonprofit organizations in public practice
  • Nonprofit industry accountants who need to keep on top of current accounting and disclosure requirements

OBJECTIVE

Participants will be able to:

  • Recognize and deal with major accounting and disclosure issues impacting their clients or organizations

MAJOR SUBJECTS

  • Pronouncements affecting the not-for-profit industry updated through March 2018

COURSE ACRONYM: NFPU2

PRESENTATION METHOD: Group-live

LEVEL OF KNOWLEDGE: Intermediate

PREREQUISITES:

  • None

ADVANCE PREPARATION: None

FIELD OF STUDY: Accounting (Governmental)

RECOMMENDED CPE CREDIT: 2 hours


Qualifies for the 24-hour Yellow Book requirement. Determination as to the qualification of certain courses for the Yellow Book 24-hour requirement should be made on an auditor specific basis depending on that auditor’s Yellow Book clients. Note that the determination of course qualification is a matter of an auditor’s professional judgment in consultation with appropriate individuals in the audit firm. The 24 hours are a subset of the 80-hour requirement.

NOTE: Some components of the program are available as an 8-hour, 4-hour and 2-hour program:

• Nonprofit Industry Update and GAAP Refresher (NIU)
• Nonprofit GAAP Refresher (NGR4)
• Uniform Guidance Compliance Update (UGC2)
• Not-for-Profit Update (NFPU2)


CPE Sponsor icon

SmartPros®, A Kaplan Company and Loscalzo Institute, A Kaplan Company are registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.