[Udemy] Not-for-Profit Accounting-Charities, Colleges, & Health Care

August 14, 2022 Finance & Accounting

Deal Score0

100% OFF Get Course

Deal Score0

100% OFF Get Course

What you’ll learn

The definition of a not for revenue group
The distinction between a governmental not for revenue and nongovernmental not for revenue. Our major focus is on nongovernmental not for earnings. Nonetheless we are going to focus on accounting for governmental well being care and schools
The way to arrange a not for revenue group
Rules, taxation, and efficiency points associated to not for revenue organizations
Learn to report accounting transactions associated to not for revenue organizations with instance issues and step-by-step demonstrations that embrace a trial steadiness
Accounting for schools and universities, each governmental and nongovernmental. We may even focus on for revenue schools

Requirements

It could be finest for college kids to have some understanding of the double entry accounting system. We shall be evaluating not for revenue accounting to for revenue accounting and emphasizing the variations. In case you are not aware of accrual accounting ideas, we do have accounting programs on them.

Description

The course will begin by introducing what a not for revenue group is. We are going to focus on regulation, taxation, and efficiency points associated to the not for revenue group. As we focus on accounting for not for revenue group, we are going to make comparisons to for revenue organizations, concentrating most of our time on the areas the place accounting ideas differ between the 2.

Subsequent, we are going to get into the main points of accounting for not for revenue organizations, discussing typically accepted accounting ideas and the recording of transactions.

We are going to then check out instance issues, recoding transactions associated to a not for revenue group. We are going to work by means of instance issues in a presentation format. We are going to then present Excel worksheets and step-by-step tutorial movies for learners to use what they’ve realized. The Excel worksheets will embrace two tabs, one with the finished reply, and a second with preformatted worksheets. Learners can enter information into the preformatted worksheets in a step-by-step course of following tutorial movies.

Subsequent, we are going to focus on schools and universities intimately. We examine and distinction governmental not-for-profit schools and universities in addition to nongovernmental not-for-profit schools. We may even focus on for-profit schools.

The course will current instance issues in a presentation format and can then present Excel worksheet and tutorial movies in order that learners can apply what they’ve realized.

Subsequent, we are going to focus on well being care organizations intimately. We are going to think about each governmental well being care organizations and nongovernmental well being care organizations. The course will current instance issues and can then present apply Excel worksheet and step-by-step tutorial movies so learners can apply what they’ve realized.