Course Description
Participants will review the application of key accounting standards in Part III of the CPA Canada Handbook, with emphasis on areas where policy choices exist and where ASNFPO interacts with ASPE. Participants will learn how policy decisions affect recognition, measurement, and disclosure through examples and exercises that reinforce practical application. 

Learning Objectives
By the end of this course, participants should be able to:

• Identify and analyze accounting issues specific to not-for-profit organizations.
• Identify and explain where policy choices exist and understand their implications for the organization.
• Determine significant issues requiring disclosure.
• Determine which handbook section and standard apply in a variety of circumstances.
• Interpret facts and scenarios to determine the appropriate accounting treatment.

Content

• Determining the appropriate accounting framework for an NFPO.
• Financial statement concepts and application considerations.
• Contributions—revenue recognition and receivable treatment.
• Inventories and employee future benefits.
• Financial instruments and long-lived assets.
• Reporting controlled and related entities.
• Allocated expenses.
• Ongoing projects and the potential impact of upcoming changes. 

Prerequisites – Knowledge, Experience or Courses
Participants should be familiar with the CPA Handbook – Accounting Part II & III.

Applicable For

• Professionals at all levels involved in preparing NFPO financial statements.
• Practitioners who review or audit NFPO financial statements.
• Professionals working in larger NFPOs who require deeper technical knowledge.
• CPAs seeking to understand policy choices and disclosure requirements in NFPOs.
• Individuals supporting governance or oversight roles within NFPOs.

What To Expect:

• You will receive an email from CPA Saskatchewan following your registration to confirm your order and information on how to access the course through PD Connect.
• Once sent, these emails can also be found in the Communication tab of your CPA Saskatchewan Member Portal.
• Watch a qualified CPA instructor and receive a copy of the same course material that is provided to attendees of the in-person session.
• This course is designed for participants to view while following along with the course material provided.
• This self-study course allows you to save your progress and continue later. A certificate of completion will be provided upon successful completion of the course and quiz. 
• Access to all on-demand learning courses will be for 180 days from the date of purchase.