NFP differences in the accounting standards (75685175) - Online

This short course introduces you to the Australian Accounting Standards and how those standards apply to not-for-profit entities. You will also explore some specific not-for-profit requirements in the Australian Accounting Standards, including:

• contributions and disclosures
• the statement of cash flows
• inventories
• assets received for nil or nominal consideration
• consolidated financial statements
• revaluation of property, plant and equipment and intangibles
• impairment of assets
• investment properties

This one hour online course forms part of the FastClass short course suite.

• Identify the not-for-profit elements relating to those standards which cover for-profit and not-for-profit entities
• Discuss the accounting requirements contained within the Australian Accounting Standards that apply to not-for-profit entities