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In diesem Kurs gibt es 2 Module
By the end of this course, learners will be able to interpret ASC 958 reporting standards, classify net assets under ASU 2016-14, analyze functional and natural expenses, evaluate liquidity disclosures, and apply practical examples to prepare transparent financial statements for not-for-profit entities. This course equips professionals with the tools to enhance compliance, improve comparability, and strengthen financial decision-making in nonprofit organizations.
Learners will benefit from clear, step-by-step coverage of both foundational and advanced aspects of ASC 958, supported by practical illustrations from recent Accounting Standards Updates. The course uniquely bridges conceptual guidance with real-world applications, helping accountants, auditors, and finance leaders confidently navigate nonprofit reporting challenges. With a focus on clarity, transparency, and compliance, this program empowers participants to transform complex standards into actionable financial insights.
This module introduces the foundational principles of ASC 958 for not-for-profit entities, focusing on financial statement presentation, classification of net assets, and key accounting updates. Learners will explore the evolution of reporting standards and apply examples from ASU 2016-14 to understand how financial statements are structured for clarity and transparency.
Das ist alles enthalten
9 Videos4 Aufgaben
Infos zu Modulinhalt anzeigen
9 Videos•Insgesamt 59 Minuten
Introduction to ASC 958 Not for Profit Entities•8 Minuten
ASU 2012-05 Statement of Cash Flows•1 Minute
Services Received From Personnel of an Affiliate•9 Minuten
Presentation of Financial Statements•4 Minuten
Net asset Classification•7 Minuten
ASU 2016-14 - Example 1•7 Minuten
ASU 2016-14 - Example 2•6 Minuten
ASU 2016-14 - Example 2 Continues•6 Minuten
Underwater Endowments•11 Minuten
4 Aufgaben•Insgesamt 60 Minuten
Graded - Foundations of Not-for-Profit Reporting•30 Minuten
This module covers advanced reporting practices and disclosure requirements under ASC 958. Learners will examine specialized reporting approaches, analyze expense classifications, assess liquidity disclosures, and evaluate detailed examples of ASU 2016-14 to ensure compliance and enhance decision-usefulness of financial statements.
Das ist alles enthalten
9 Videos4 Aufgaben
Infos zu Modulinhalt anzeigen
9 Videos•Insgesamt 54 Minuten
Placed in Service Approach•7 Minuten
Statement of Cash Flow•7 Minuten
Net Investment Returns•3 Minuten
Analysis of Expense by Nature and Function•7 Minuten
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Lernender seit 2018
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Bewertungen von Lernenden
4.7
14 Bewertungen
5 stars
92,85 %
4 stars
0 %
3 stars
0 %
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1 star
7,14 %
Zeigt 3 von 14 an
A
AA
5·
Geprüft am 4. Apr. 2026
This course effectively combines theory and practical application, helping learners understand ASC 958 standards and apply them confidently in nonprofit reporting.
A
AS
5·
Geprüft am 23. März 2026
A fantastic course with simple explanations and practical knowledge.
R
RJ
5·
Geprüft am 5. Apr. 2026
A practical course that breaks down nonprofit reporting into simple, understandable concepts.
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