Not-for-Profit Organizations: Treasury Utilizing QuickBooks 25-26
Overview
Not-for-profit organizations always need volunteers as treasurers or members of the financial oversight committee! CPAs are often asked to fulfill these roles. This course highlights the accounting needs of such organizations. Along with covering the status of the not-for-profit organizations, an update on recent ASC updates affecting nonprofit entities is covered. QuickBooks 2024 Desktop will be used to demonstrate how its tools provide more efficient and effective financial management for your not-for-profit entity. This course is geared toward hands-on, or future hands-on, treasurers of service clubs and similar not-for-profit organizations.
Delivery Method: Individual webcast
CPE Credit: Accounting
Program Level: Overview
Highlights
- Financial entity
- IRS filing status
- Recent ASC updates affecting nonprofits
- Inflows and Outflows
- QuickBooks Desktop
- Setup
- Data entry
- Reporting
- Governance policies and budgeting
Prerequisites
None
Designed For
CPAs, and financial and managerial professionals.
Objectives
- Identify the accounting needs of not-for-profit organizations, specifically membership and service organizations
- Identify the financial statements required by US GAAP, including recent ASU updates for not-for-profit entities
- Illustrate, using QuickBooks 2024 Desktop, the types of transactions usual for not-for-profit membership and service organizations
- Discuss the need for governance policies and budgeting in a not-for-profit membership and service organization
Preparation
None
Leader(s):
Leader Bios
Bobbe Barnes, AICPA
Bobbe M. Barnes, CPA, CMA, CGFM, is an educator and consultant with many years of professional experience in IFRS, US GAAP and certification training around the world. She recently completed nine years overseas working in emerging economies, where she led the team that developed the Certified International Professional Accounting certificate program, comprising of training courses and examinations. In addition, she is active in the Institute of Management Accountants, having served on the board of directors and the standing committee on ethics. Barnes was a keynote speaker at the International Accounting and Auditing Conference in Tashkent, Uzbekistan, and a speaker at the fifth annual Middle East IFRS and Accounting Summit in Dubai, where she also conducted a full day workshop on financial instruments.
Non-Member Price $439.00
Member Price $329.00