LA West San Gabriel Valley/Pasadena DG: Hot Topics in Not-for-Profit Accounting and GAAP Reporting | G3070619B

Instructors

Date :
June 17, 2019 12:30 PM - 1:30 PM
Location :
Pasadena
Facility :
El Cholo Cafe
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Level of Difficulty :
Update
CPE Credits :
CPE 1.00
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Join us to hear Kevin Fordyce review the many changes that are effecting the financial statements of not-for-profit entities as well as reviewing some of the impact the TCJA had on tax reporting for these entities.

Objectives:

  • Recognize changes to the not-for-profit accounting issues
  • Identify changes in accounting and reporting requirements for Not-for-Profit entities based on recent guidance issued by the FASB
  • Determine actions that may be needed to keep your not-for-profits in compliance

Major Subjects:

  • Revenue Recognition Model (ASU 2014-09, Topic 606 "Revenue from Contracts with Customers")
  • Presentation of Financial Statements for Not-for Profit Entities (ASU 2016-14, Topic 605)
  • Clarifying the Scope and Accounting Guidance for Contributions Received and Contributions Made (ASU 2018-08)
  • Updating the definition of "Collections" (ASU 2019-03)

Advanced Prep:

None

Misc. Information:

Registration opens at 11:30 AM and presentation begins at 12:30 PM.
Fees: $22/member, $32/nonmember.
Add $5 for same day and at door registration.
Includes buffet lunch which begins at 11:30 AM
90-minute parking is free with validation and $1.50 for each additional ½ hour.
Address: El Cholo Cafe
300 E. Colorado suite 214
Pasadena, CA 91101
Level of Difficulty:
Update
Field of Interest:
Accounting
Prerequisites:
Some knowledge of non-profit accounting preferred.
Designed For:
CPAs, attorneys and other professional staff.

Instructors

Kevin E Fordyce, CPA
Kevin is the audit and tax partner (owner) for his firm Kevin E. Fordyce, CPA. The firm is a boutique firm of five individuals specializing in attest and tax work for the not-for-profit sector. He has more than twenty-four years of public accounting experience in various industries, concentrating on not-for-profit organizations, higher education institutions, foundations and local governments as well as small to medium-sized businesses and employee benefit plans. Previously, Kevin worked in the Higher Education and Not-for-Profit practice at PricewaterhouseCoopers and the Manufacturing and Distribution practice at McGladrey and Pullen. Kevin provides occasional training on such topics as not-for-profit accounting and audit requirements as well as board governance. In addition, Kevin has worked closely with the California Society of CPAs Continuing Education division to provide live instruction in the areas of audit and accounting as well as develop self-study continuing professional education courses. He is a member of the AICPA and the California and Texas Societies of Certified Public Accountants. He recently completed a nine year tenure as president of his local homeowners association. Kevin attended California State Polytechnic University, Pomona where he received his Bachelor of Science degree in business administration with a dual major in Accounting and Finance, Real Estate, and Law.
No Agenda or Materials posted.