You will learn techniques to successfully prepare an NFP's financial statements, assess relationships with other not-for-profit and for-profit organizations to determine if consolidation is required, and how to interpret and analyze a set of NFP financial statements. This CPE program contains e-learning exercises, targeted case studies, and detail-rich interpretations to create a flexible, dynamic learning experience you can complete online in your own time.

• Identify how to prepare a complete set of financial statements, including footnote disclosures.
• Identify how the financial statements interrelate.
• Analyze a fact pattern to determine the effect of a particular transaction or significant event on the NFP's financial statements.
• Assess the financial health of an NFP using ratio analysis and other methods.
• Recognize potential red flags in an NFP's financial statements.

• Financial statement preparation
• Statements of financial position
• Statements of activities
• Statements of cash flows
• Statements of functional expenses
• Consolidated financial statements
• Direct versus indirect cash flow statements
• Analysis of financial statements
• Presentation options available to NFPs
• Common errors
• Financial reporting trends and techniques