Financial Reporting for Not-For-Profits - 6.25 CPD Points

Courses > Other > CHECKPOINT Learning > AU EVENTS > Financial Reporting for Not-For-Profits - 6.25 CPD Points

 

 

                                           Melbourne

Full-day workshop                               – Wednesday 16th March, 2016  
Time: 8:30 am - 4:45 pm (Morning Tea, Lunch & Afternoon Tea provided)
**All delegates receive a free copy of "XYZ MFS Reduced Disclosure Regime" - Print (valued at $311.40)  
Venue: Thomson Reuters - Ground Level, Diamond Room at 565 Bourke Street, Melbourne, 3000
Register here – Full day Workshop                                  

                                        

Program Overview

Your annual financial statement challenge can be conquered!  Use this day to get detailed and practical information specific to not-for-profit entities. The workshop will focus on the financial statements of NFP companies limited by guarantee, associations and statutory bodies, including applying the Reduced Disclosure Requirements.  

You will learn about:

  • Changes for the current period
  • Areas that frequently cause questions in NFP reporting such as:
    • grants, contributions and mergers/restructuring
    • accounting for specific assets such as gaming machines and bed licences
    • cash and investment disclosures; and
    • preparing reports that suit the users.

Topics to be Covered

  • Key rules, when they apply and how they fit together (AASB, ACNC, ASIC, state legislation, ATO etc)
  • Which entities can prepare special purpose financial statements and what should be in them?
  • Your implementation plan for new standards on RevenueIncome of NFP Entities and Reporting Service Performance Information
  • Charities – latest relief, variations and key actions
  • Review of recent changes in standards and reporting rules affecting NFPs
  • The Standard Chart of Accounts – when to use and not to use
  • Cash and investments – common mistakes applying financial instruments and cash flow standards
  • When can going concern issues arise and how to address disclosure
  • Acquittals reporting and multiple-use financial reports
  • Directors’ reports, operating reviews and narratives – requirements and traps
  • Improving Board involvement, communications and understanding
  • What will the auditor need – planning a suitable process and file
  • Learning Outcomes
  • How to construct a set of NFP financial statements and an effective year-end process
  • Which accounting standards and rules are different for NFPs and how do they apply?
  • How to take into account user needs and deal with multiple users 

Learning Outcomes

  • How to construct a set of NFP financial statements and an effective year-end process
  • Which accounting standards and rules are different for NFPs and how do they apply?
  • How to take into account user needs and deal with multiple users 

Who should attend?

People involved with year-end financial statements, including:

  • Accountants
  • Finance Managers
  • Finance Officers
  • Bookkeepers
  • Auditors
  • Directors / committee members

Why attend? 

  • Obtain preparation tips specific to NFPs such as aged care, charities, clubs, educational entities, indigenous corporations and registered organisations
  • Review latest changes in financial reporting rules as well as explanations of core areas such as grant /contribution accounting, asset valuation and charity/association rules in a NFP context
  • Take away illustrations of statement disclosures that model accounts often don’t cover

Total Cost of program (6.25 CPD Points)

Price incl. GST

Workshop Price

$650

 

PRESENTER

David Sauer B. Com, FCA 

Principal, David Sauer, Chartered Accountant

David specialises in providing independent advice and training to accounting firms, businesses and not-for-profit entities.  His services include professional development, opinions on application of standards, and quality assurance.  He also undertakers external financial audits.  He worked in major professional accounting firms for 12 years until 1994.  He has provided training on behalf of Thomson Reuters since 1989.

CANCELLATIONS

Cancellations made 3 days or more prior to the events start date can be rescheduled to a more suitable date or Refunded
Cancellations made less than 24 hours of the events start date or after the event has started: No refund
No shows - No Refund

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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