IRS Form 1099, 1099-NEC, and Form 1099-MISC: Advanced Issues and Updates

Financial Statement Preparation and Analysis for Nonprofits (OnDemand Webinar)

$149.00

SKU: 411571EAU

Description

Understanding financial statements is the first step in understanding and telling your nonprofit’s financial story, to both internal and external stakeholders.During this session, we will review the format and content of nonprofit financial statements, with an emphasis on what makes nonprofit financials special and distinct. As past performance is critical information to inform future planning, we will review how to perform financial statement analysis and calculate key metrics, using those metrics to measure progress towards annual and longterm goals. Finally, as internally prepared financial statements may not be readily available in the same format as yearend audited GAAPbasis financials, we will touch upon the practical complications arising when monitoring financial performance and calculating metrics on a monthtomonth basis.

Date: 2024-11-06 Start Time: End Time:

Learning Objectives

Overview GAAP Financial Statements

Selected Basic Financial Statements
• Statement of Financial Position, Statement of Activities and Statement of Functional Expenses
• Overview of Nonprofit Specific Considerations
• Financial Analysis and Selected Financial Health Metrics
• Selecting KPI’s (Key Performance Indicators)
• Financial Monitoring, Including Using Internal Prepared Financials

Questions and Answers

Gina McDonald, CPA-BDO USA, LLP

IRS Form 1099, 1099-NEC, and Form 1099-MISC: Advanced Issues and Updates

Financial Statement Preparation and Analysis for Nonprofits (OnDemand Webinar)

$199.00

SKU: 405528EAU

Description

Benefit in attracting more potential donors by improving the quality and accuracy of financial reporting at your nonprofit organization.Receive an overview of nonprofit financial statements and both external and internal nonprofit financial reporting concepts. This topic will focus on the primary users of nonprofit financial statements. Explore the fundamental accounting concepts underlying nonprofit financial statement presentation and reporting and receive the tools you need to improve the overall quality and accuracy of financial reporting at your nonprofit organization. Discuss how to effectively and efficiently review nonprofit financial statements to assess the overall financial health of a nonprofit organization and receive a better understanding of how your financial statements are evaluated by board members, granting agencies, foundations, other donors and the public.

Date: 2019-01-10 Start Time: End Time:

Learning Objectives

Financial Reporting Overview
• Users
• Internal vs. External Reporting
• 5 Financial Basics for Nonprofits

Basic Nonprofit Accounting and Reporting Concepts
• Affiliated Entities and Control
• Fund Accounting
• Net Assets
• Unrestricted
• Temporarily Restricted
• Permanently Restricted
• Contribution and Pledge Recognition
• Donated Goods and Services
• Special Event Reporting
• Functional Expense Reporting
• Program
• Management and General
• Fundraising
• Joint Costs

Nonprofit Financial Statement Analysis Fundamentals

Characteristics of Nonprofit Financial Health on the Horizon
• Top 7 Areas to Focus on
• Ratio Analysis and Benchmarking

CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Marie C. Caputo, CPA, CGMA, CGFM-CliftonLarsonAllen