Liquidity & Uncertainty Disclosures for Nonprofits

Overview

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.

Highlights

• 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

Prerequisites

None

Designed For

Anyone responsible for preparing or attesting upon nonprofit financial statements

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

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by ACPEN. Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.