The current environment could be having an enormous impact on accounting and financial reporting for all entities, including nonprofits. This course will provide insights into the most critical disclosures related to liquidity, accounting uncertainty, and going concern for nonprofits.
Product Code
1000005094-141227
Credit Type
CPE: 2
CPE-AA: 2
CPE-Technical: 2
Intended Audience
CPAs and other financial professionals preparing the type of work described.
NASBA Field of Study
Auditing
Level of Difficulty
Intermediate
Prerequisites
None
Advance Preparation
None
Learning Objectives
Describe the importance of liquidity and other uncertainty disclosures in the fair presentation of financial statements
Explain proper evaluation of the need for transparent disclosures about uncertainty, including liquidity and going concern uncertainty
Major Subjects
Required disclosure related to liquidity and other significant uncertainties for fair presentation of financial statements
Evaluating the need for going concern and other uncertainty disclosures in the current environment
Additional Details
This prerecorded broadcast is provided through our partnership with ACPEN. The Instructor will be available via the chat feature.