Not-for-profit accounting and reporting: an introduction
Overview
Learning Objectives
After completing this course, the learner should be able to:
- Identify the characteristics of Not-for-Profit entities and industries in which they compete
- Recognize key provisions of Financial Statements, Accounting Standards Codification 958.205-230
- Recognize key provisions of Revenue Recognition, Accounting Standards Codification 958.605
- Identify the transfer of assets held by entities that hold or raise contributions for others, Accounting Standards Codification 958.20 and 605
- Identify other relevant accounting and reporting issues (e.g., Split Interest Agreements ASC 958.30, Donated Collection Items ASC 958.360, Investments in securities and related gains and losses)
Details
- Field of Study
- Auditing (Governmental)
- Credits
- 3 Credits
- Provider
- Becker Professional Education
- Knowledge Level
- Basic
- Advanced Preparation
None
- Course ID
- 15713/17677
- Publication Date
- 10/31/2025
- Planned Expiration
- 05/31/2027
- Prerequisites
None
Instructor
Katie Harris MSF, CPA
Katie Harris has a Bachelor of Business Administration in Accounting, Masters of Science in Finance from Sam Houston State University and is a PhD candidate at Kennesaw State University. She took the last paper CPA Exam in 2003 before the exam was computerized and started her professional career with Ernst & Young, LLP in Houston, TX and later with Grant Thornton, LLP in Philadelphia, PA.
After more than five years as an auditor in public accounting, she transitioned into the classroom and has never looked back. Her experiences as an auditor allowed her the opportunity to view an organization from the top down. This view afforded her with an increased understanding of accounting and financial reporting, which she loves sharing with her students each semester. Katie joined the Becker team in 2008 and has taught for the CPA and CMA Exam Reviews. She has been involved in various projects including course development, editing, and updating as a subject matter expect since 2019.
Education
- Sam Houston State University
- Bachelor's degree: Business Administration, Accounting
- Master's degree: Finance
- Kennesaw State University
- PhD candidate: Business Administration
Teaching and Instruction
Professional Organizations
Publications
- A Framework for Teaching Soft Skills and Ethics in an Overcrowded Accounting Curriculum, The Accounting Educator's Journal
What do you love about Becker?
"What I love most about Becker is the amazing talent I am fortunate enough to be surrounded by! We have a stellar team of people who work together to prepare the next generation of CPAs. I can't think of a single person who isn't simply amazing. I feel like I get to work with the best of the best. I am so proud to be part of the Becker team!
What would you tell an accounting student today?
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Becker fun facts
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- Boring fact: I love to clean. I can't function in a mess, so I keep a very clean house.
- I love to read. I don't stick to one genre, I'll read fiction, nonfiction, biographies, self-help, anything!
- I love to vacation with my family and Mexico is a family favorite.
Connect
Accreditations
- 1 year course access
- NASBA-approved content
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