On Demand (eLearning)

ASNFPO - Disclosure and Presentation

JAN 10 - Aug 31, 2022

Online

DATE

JAN 10 - AUG 31

2022

TIME

9:00 AM - 11:59 PM

WHO CAN ATTEND

All

PD HOURS

7.5 Hours

ETHICS HOURS

0 Hours

STATUS

Registration open until

Aug 31, 2022

EVENT DESCRIPTION

NOTE: This course description has been revised and reflects updates for 2021. If you have any questions, please contact pdevents@cpaontario.ca

Overview

This course will serve as a comprehensive review of the presentation and disclosure requirements faced by a not-for-profit organization when it applies ASNFPO and relevant ASPE standards. Participants will review a variety of examples and learn to apply the disclosure requirements for a number of different areas that NFPOs regularly deal with.

Course Content

By the end of this course, participants will be able to:

  • Identify and analyze accounting issues specific to NPOs and determine the appropriate disclosures required
  • Identify where policy choice exists and determine the appropriate level of disclosure required to communicate those choices to the user of the financial statements
  • Interpret facts and scenarios to determine the appropriate presentation and disclosure

Seminar Content

  • concepts that drive the presentation and disclosure requirements
  • statement of operations presentation and related disclosures
  • statement of financial position presentation and related disclosures, e.g. financial instruments
  • statement of changes in net assets
  • statement of cash flow presentation and related disclosures
  • choosing a presentation methodology and understanding the different methods for accounting for contributions
  • review of sample financial statements using real world examples
  • disclosure of significant accounting policies
  • financial instruments
  • inventories
  • controlled and related entities
  • tangible and intangible capital assets and collections held by a not-for-profit organization
  • employee future benefits
  • other revenues and contributions
  • allocated expenses and interfund transfers
  • related party transactions
  • COVID-19 considerations and Handbook standards to consider
  • ongoing projects and potential impact of changes

Applicable To

Professionals at all levels involved in the preparation and review of NFPO financial statements. Government-controlled NFPOs must follow the Public Sector Accounting Handbook, which will not be addressed in this seminar.

PRICING

$325.00 Personal Passport

$380.00 Organization Passport

$479.00 Member

$479.00 Student

$589.00 Public

Status: Registration open until Aug 31, 2022

LOCATION

Online

SPECIAL INSTRUCTIONS

Participants should have an understanding of the CPA Handbook – Accounting Part III, with respect to measurement issues, or completion of the seminar ASNFPO – Review of the Standards.

This is an online session. This course is available 24 hours a day, 7 days a week. Once registered, you can access the material at any time.

However, you will only have access to the course for 30 days after REGISTRATION.

Please allow at least four hours after registration for the seminar to appear on your BlackBoard page.

To access the course please visit our BlackBoard site, and log-in using the same login and password used for the Registration Portal.

Registration, cancellation, withdrawal and all other CPA Ontario PD Seminar policies can be found here.