Financial Statements Display: Form 990 Parts VIII, IX,X & XI
Session 5 of Borenstein's Form 990 Foundational Series: The Form 990's approach to reporting financial statements initially seems easy as it follows the filer's books with only a modest amount of "990 instructions"-required changes. Unfortunately, the instructions include multiple conventions the IRS imposes that replace GAAP treatment that many filers would otherwise follow! Preparers need be able to recognize and apply the 990's non-recognition of both the donation of services or discounts on accessing others' properties and mark-to-market valuation of invested assets. Furthermore, many of the 990's revenue categories are unique to sector-practices and/or have 990-specific reporting needs. The materials and the author/instructor readily inform preparers as to how the maze of 990 reporting pieces that must be mastered prior to working on the form's three major financial statement parts. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Date & Time:
Wednesday, October 13, 2021
7:30am – 10:00amAdd this event to my calendar
CPA Crossings LLC
Field of Study:
2 hours CPE credit
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Applicable if you are a NVCPA member in good standing.
Applicable if you are not a NVCPA member.