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The Basics of Not-For-Profit (NFP) Financials

THE BASICS OF NOT-FOR-PROFIT (NFP) FINANCIALS

Cost Free
Presentation Length 1.0 hour

Recorded DateDecember 31, 2023
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaAccounting
Course LevelBasic
Course Description

To be effective when working with nonprofits, you will require a practical understanding of general financial statements as they relate to the standards and rules specific to the nonprofit sector. This course will help you understand basic nonprofit accounting concepts so that you can operate in accordance with nonprofit accounting standards.

Learning Objectives:


  • Identify and interpret a standard set of not-for-profit financial statements

  • Recognize, read, and analyze the notes of a financial statement

  • Determine the level of assurance for financial reports

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Alexander Buchholz is a partner at PKF O’Connor Davies with over 15 years of public accounting experience, including a “Big Four” accounting firm.

Alex is responsible for developing the audit approach, supervision of staff, and establishing and maintaining the engagement budget. Additionally, he is responsible for coordinating staff and management so that the audit is performed on a timely basis with as little intrusion to client operations as possible.

His expertise is in single audits, internal control/compliance audits, and specialized cost reporting. His industry experience is in healthcare and non-profit entities, including skilled nursing facilities, social service agencies, charter schools, diagnostic and treatment centers, home care service entities, adult homes and other long-term care facilities, special needs entities, and cemeteries.

Alex is also an adjunct professor at Brooklyn College of the City University of New York. He teaches undergraduate and graduate courses in accounting and auditing. He also teaches at the School of Professional Studies of the City University of New York for the Online Business Management Department, Mercy College, and Lehman College.

He conducts internal training seminars for the firm and frequently speaks at outside organizations and associations. He is a former member of the firm’s continuing professional education (CPE) committee, emphasizing single audit training. Alex has written many articles on accounting and auditing topics for a variety of professional publications.

About Our Presenter

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PKF O'Connor Davies is a new breed of accounting and advisory firm that holds itself to a higher standard – going beyond passive value calculation to active value creation.

With unmatched client focus we unlock real value hidden at key connection points of every engagement – from the industry and resource levels, to the organization and regulatory levels on the regional, national and international levels.

Through these connections, our team of more than 600 top-notch professionals continually drives efficiencies, uncovers opportunities and manages risk – delivering value where others can’t.