Chapter 1 - Overview of the
Nonprofit Entity
Definition of a Nonprofit Entity
Nonprofit Organizational
Structure
Chapter 2 - Basic Nonprofit
Accounting Concepts
The Accrual Basis of Accounting
The Modified Cash Basis of
Accounting
Converting Cash Basis to the
Accrual Basis
Generally Accepted Accounting
Principles (GAAP)
Net
Assets without Donor Restrictions
Net
Assets with Donor Restrictions
The Release from Restriction
Concept
Inter-Fund Receivables and
Payables
The Management and Administration
Classification
The Fundraising Classification
Chapter 3 - Nonprofit Financial
Statements
The Statement of Financial
Position
How
to Prepare the Statement of Cash Flows.
Reporting of Expenses by Nature
and Function
Financial Statement Disclosures
Chapter 4 - Revenue Accounting
The Allowance for Uncollectible
Pledges
Special Reporting Considerations
Chapter 6 - Investment Accounting
Subsequent Measurement of
Investments
Gains and Losses on Investment
The Equity Method of Accounting
Chapter 7 - Inventory Accounting
The Perpetual Inventory System
The First in, First Out Method
The Specific Identification
Method
The Lower of Cost or Market Rule
Chapter 8 - Fixed Asset
Accounting
Initial Recognition of Fixed
Assets
Restrictions on Contributed
Assets
Valuation of Contributed Assets
Valuation of Contributed Services
Valuation of Art and Similar
Items
Depreciation Accounting Entries
Initial Measurement of Lease
Payments
Subsequent Measurement of Lease
Payments
Asset and Liability Recognition
(Lessee)
Leasehold
Improvement Amortization
Separation
of Non-Lease Components
Sale and Leaseback Transactions
Sale
and Leaseback Transactions
Chapter 10 - Pension Plan
Accounting
Overview of Retirement Benefits
Expense
Attribution for Delayed Vesting
Presentation of Retirement
Benefit Information
Retirement Benefit Disclosures
Defined
Benefit Plan Disclosures
Defined
Contribution Plan Disclosures
Chapter 11 - Joint Costs and
Allocations
Costs of Activities that Include
Fundraising
Chapter 12 - Accounting Changes
and Error Corrections
Changes in Accounting Principle
Changes in Accounting Estimate
Correction of an Error in Previously
Issued Financial Statements
Corrections Related to Prior
Interim Periods
Fair
Value Differences from Actual Prices Paid
Fair
Value Measurement Approaches
Chapter 14 - Other Accounting
Topics
Chapter 15 - Split-Interest
Agreements
Types
of Split-Interest Agreements
Accounting
for Split-Interest Agreements
Chapter 16 - Affiliated
Organizations
Consolidated
Financial Statements
Chapter 17 - Mergers &
Acquisitions
Identifiable
Assets and Liabilities, and Noncontrolling Interests
Chapter 18 - Nonprofit Tax
Reporting
Types
of Tax Deposit Schedules
Chapter 19 - Closing the Books
Core Steps: Issue Customer and
Donor Invoices
Core Steps: Reconcile the Bank
Statement
Core Steps: Calculate
Depreciation
Core Steps: Review Journal
Entries
Core Steps: Reconcile Accounts
Core Steps: Close Subsidiary
Ledgers
Core Steps: Create Financial
Statements
Core Steps: Review Financial
Statements
Core Steps: Accrue Tax
Liabilities
Core Steps: Issue Financial
Statements
Delayed Closing Steps: Issue
Invoices
Delayed Closing Steps: Closing
Metrics
Delayed Closing Steps: Document
Future Closing Changes
Delayed Closing Steps: Update
Closing Procedures
Chapter 20 - Nonprofit Budgeting
The Management and Administration
Budget
Treatment
of Hourly Pay and Overtime
Chapter 21 - Accounting Controls
The Proper Balance of Control
Systems
Constructing a System of Controls
Chapter 22 - Nonprofit Policies
Lobbying
and Political Campaigns
Chapter 23 - Analysis of a
Nonprofit's Financial Health
Fundraising Effectiveness Ratio
Revenue Concentration Analysis
Traffic Light Revenue Analysis
Days
Sales in Accounts Receivable
Final Examination
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