下载APP
首页 > 美国注册会计师 > 复习指导 > 考点辅导

USCPA考点丨Not for Profit Accounting

来源: 正保会计网校 2020-01-06
普通

AICPA的考生一定要重视Government, Not-for-Profit Accounting的学习与练习,因为该部分占整个考试的15%20%,是属于投入时间至少,产出至高的部分,但是容易被大家忽略。网校教学老师为大家整理了USCPA考点丨Not for Profit Accounting,快快收藏!

USCPA考点丨Not for Profit Accounting

一般考生在实际工作中不会遇到Government, Not-for-Profit Accounting会计处理。纵使在美国读Accounting专业的同学,Government, Not-for-Profit Accounting也是属于Advanced Accounting范畴,不少老师授课时也会选择简单介绍这些章节。

考生在考试过程中可能遇到将近有20Governmental, Not-for-Profit Accounting的选择题和1Not-for-ProfitSimulation,下面介绍一下Not for Profit Accounting.

Introduction:

Key differences

·Cash from contribution, donation, service charge, membership fee, etc.

·Oriented at serving the common good

·Ownership (charity, fund, society, etc.)

·Operating surplus used for not for profit purpose

Industries adopting NPF accounting

·Health care organizations

·Educational institutions

·Voluntary health and welfare organizations

·Other private NFP organizations

·私立非盈利性医院、养老院、护理院

·私立非营利性学校、教育机构

·志愿卫生与健康机构(如红十字会)

·文化、艺术公益机构、职业协会

Financial Reporting:

Rule of Financial reporting

·Subject to FASB(the Financial Accounting Standards Board) rule, no GASB( the Government Accounting Standards Board) rule

 ·Governmental not-for-profits (for example, a state university) are governed by (GASB)

· Full accrual accounting, no fund accounting(The external financial statements of not-for-profit entities do not present funds. The focus of the financial statements is on the basic information of the organization taken as a whole)

Required Financial statements

·Statement of financial position (“BS”)

·Statement of activities (“IS”)

·Statement of cash flows (“CF”) Financial statements provide users information about the services, the ability to continue services, and the stewardship responsibility.

Reporting Expenses by Nature and Function

·Must be in one Location: On the face of the Statement of Activities or As a schedule in the notes to the financial statements or In a separate financial statement (no specific title provided by the FASB).

·Functional expenses: program and support services. Program services relate to the purpose and mission of the not-for-profit organization; support services relate to such activities as management and general, fundraising, and membership development.

·Natural expenses: include such descriptions as salaries, rent, utilities, interest expense, supplies, etc., similar to general ledger titles for expense.

本文是正保会计网校在线原创文章,转载请注明来自正保会计网校

相关推荐:

考前必看!2020年USCPA—Q1考季考前注意事项

备考AICPA—Simulation 这5件事千万别忘了做!

如何成为一名美国注册会计师?请收下这份指南

正保会计网校为U.S.CPA考生提供专业的教学、考务服务,更多USCPA执照申请信息请点击这里咨询

有意向报考的USCPA的考生赶快点击下方按钮进行免费预评估 ,了解USCPA报考条件吧!

预评估

正保会计网校U.S.CPA考试辅导正在热招

USCPA正保会计网校 (2)

今日热搜
热点推荐:
精品课程

AICPA畅学无忧班

Get学霸同款课

20325人已学查看详情
申请购课优惠

微信扫码咨询

申请千元优惠

有奖原创征稿
取消
复制链接,粘贴给您的好友

复制链接,在微信、QQ等聊天窗口即可将此信息分享给朋友
客服