Not-for-Profit Accounting-Charities, Colleges, & Health Care

Explore regulation, taxation, and performance for not-for-profit organizations, detailing types of regulations, tax obligations, and tax documents involved in the setup.

Download a PDA file to accompany the instructional video. Use this supplementary material to reinforce the lecture on not-for-profit definitions, organization forms, and the setup process.

Define not-for-profit organizations and explain their public-good focus, then outline the setup process from state formation to IRS tax-exempt status, including board and bylaws.

Download a supplementary PDA file to accompany the instructional video, reinforcing the not-for-profit accounting focus on tax-exempt status and federal regulations.

Explore tax exempt status, IRS code sections, Form 990 and 990-N, unrelated business income, lobbying limits, and public versus private foundations.

Explore not-for-profit accounting with a playful 'accounting comic break' that highlights charities, colleges, and health care financial topics.

Explore accounting for not-for-profit organizations by examining governing rules, policies, and frameworks, compare them with for-profit entities, and work through transactions illustrating not-for-profit reporting.

Access a downloadable PDA file that supplements the instructional video, guiding your study of GAAP for nongovernmental NFP within not-for-profit accounting.

Explore GAAP for nongovernmental not-for-profit organizations, guided by the FASB. Compare for-profit baselines—accrual, double-entry, and financial statements—with not-for-profit adjustments, including stakeholders like donors.

Download a PDA file to supplement the instructional video and reinforce learning from the next presentation.

Explore accrual basis financial reporting for not-for-profit organizations. Learn about statement of financial position, statement of activities, and statement of cash flows, including net assets with and without donor restrictions.

Access a downloadable PDA file that serves as a supplement to the instructional video on not-for-profit contributions.

Explain how nongovernmental not-for-profits recognize contributions, including cash, assets, and pledges, with unconditional versus conditional gifts and donor restrictions. Describe gifts in kind, donated services, and special-event revenue treatment.

Download a PDA file to supplement the instructional video in the not-for-profit accounting lecture on expenses for nongovernmental NFPs.

Explore accrual-based expense recognition for nongovernmental not-for-profit organizations, including the matching principle, net asset impacts, unrestricted vs restricted funds, and functional classifications by program and support activities.

Download a pdf resource titled 14150 joint costs of fund-raising nongovernmental NFP, supplementing the instructional video with a downloadable PDA file.

Explore how not-for-profit organizations allocate joint fundraising costs between fundraising and program or general functions using an equitable base, guided by purpose, audience, and content.

Download a pdf file to supplement the instructional video on restricted assets and investments for nongovernmental not-for-profit organizations.

Explore how nongovernmental not-for-profit organizations account for restricted assets and investments, including donor-imposed restrictions, fair value at donation and the measurement date, plus realized or unrealized gains impacting net assets.

Access a downloadable pda file to accompany the upcoming presentation, providing a useful supplement to the instructional video.

Explore how not-for-profit collections, including art and historical treasures, are treated as assets, capitalized on purchase or donation, and funded by sale proceeds to acquire more items.

Explore not-for-profit accounting concepts for charities, colleges, and health care through an engaging accounting comic break that clarifies financial practices with a light, accessible approach.

Explore not-for-profit accounting through 4 example problems, recording and posting transactions, and building financial statements. Practice with a two-tab Excel worksheet and step-by-step instructional videos.

Access a downloadable PDA file to use as a supplement to the instructional video, enriching the not-for-profit accounting content for charities, colleges, and health care.

Explore not-for-profit accounting concepts for a single-program organization, including donor-restricted versus unrestricted net assets, contributions, program expenses, grants, donated goods and labor, and restriction releases.

Access the downloadable file accompanying the instructional video, providing an example problem for not-for-profit accounting across two programs craft part 1 transaction.

Explore a not-for-profit with two programs—exhibition and sales of crafts, and education about crafts. Discover how grants receivable, deferred revenue, and net assets with restrictions drive journal entries and reporting.

Access a downloadable PDA file to use as a supplement to the instructional video for the not-for-profit accounting course.

Allocate expenses by function rather than by nature, prepare a dual-function worksheet, and journalize reallocations from nature to function to support function-based statements.

Access a downloadable PDA file that accompanies the instructional video, enriching learning in not-for-profit accounting for charities, colleges, and health care with closing entries examples.

Learn how to close not-for-profit accounts by transferring revenues and expenses to net assets, handling donor restrictions, and producing a post-closing trial balance for charities, colleges, and health care organizations.

Demonstrate an example problem statement of financial position for not-for-profit accounting, with a downloadable PDA file to complement the instructional video.

Construct the statement of financial position from the trial balance, listing assets, liabilities, and net assets in balance, then break out net assets by donor restrictions and endowment.

Access a downloadable PDA file to accompany the instructional video, reinforcing the example problem statement of activities for not-for-profit accounting across charities, colleges, and health care.

Learn to construct a not-for-profit statement of activities from a trial balance, break out contributions by donor restrictions, and tie net assets to the balance sheet.

Access a downloadable Excel worksheet that accompanies the next presentation, enabling hands-on practice with not-for-profit accounting data.

Explore not-for-profit accounting for a meals program, posting journal entries to a worksheet, and tracking net assets with and without donor restrictions while recognizing program expenses and donor-restricted funding.

Download an Excel worksheet from the next presentation, aligning with the not-for-profit accounting focus of this course.

Master not-for-profit accounting by recording transactions, posting journal entries to a worksheet, and balancing a trial balance with net assets and donor restrictions.

Allocate expenses to programs and support services in not-for-profit accounting using 40/20/20/20 allocations, prepare journal entries and the statement of activities, and track release of restricted net assets.

Explore closing entries for not-for-profit organizations, distinguishing net assets with and without donor restrictions, closing income statement accounts, and preparing a post-closing trial balance and financial statements.

Examine the not-for-profit statement of financial position, detailing assets, liabilities, and net assets with and without donor restrictions, and review closing entries and the statement of activities.

Explore how not-for-profit organizations prepare the statement of activities, reallocating expenses by category (public health, education, community service, fundraising) and distinguishing donor restrictions from unrestricted contributions.

Explore how not-for-profit entities prepare the statement of cash flows using direct and indirect methods, converting accrual information into cash flows across operating, investing, and financing activities.

Reconcile a not-for-profit's expenses by nature and function, detailing program services (public health, education, community services) and support (management and general, fundraising) through a granular expense schedule.

Delve into not-for-profit accounting essentials for charities, colleges, and health care, covering core concepts with a lighthearted accounting comic break to reinforce learning.

Examine how nongovernmental not-for-profits, government not-for-profits, and for-profit colleges and universities differ in accounting topics; compare and contrast their practices, and work through example transactions.

Distinguish public and private colleges, and not-for-profit versus for-profit, and explore how tuition, grants, and state appropriations drive governmental and nongovernmental accounting under AICPA, GASB, and FASB.

Use a downloadable PDA file as a supplement to the instructional video, supporting the lecture on colleges and universities loan assets within not-for-profit accounting.

Learn how college loan assets are recorded under Gatsby and FASB for public and private institutions, including restricted net position, net assets with donor restrictions, designated cash for loans.

Download a PDA file to supplement the instructional video on capital assets, intangible assets, and infrastructure assets within not-for-profit accounting.

This lecture explains capital assets, intangible assets, and infrastructure assets for colleges and universities, detailing historical cost, depreciation, and the classification differences under FASB and Gatsby standards.

Access a downloadable PDA file to supplement the instructional video for the lecture on liabilities deposits held in custody of others.

This lecture covers deposits held in custody of others as a short-term liability in college accounting, detailing debiting cash and crediting liability, and returning deposits or recognizing income under accrual.

Access a downloadable PDA file that supplements the instructional video, and explore net assets vs net position operating statements in not-for-profit accounting.

Explore net assets vs net position in colleges and universities, comparing nongovernmental FASB with governmental concepts, and learn about unrestricted and restricted net assets and operating statements.

Access a downloadable PDA file to supplement the instructional video on tuition and fees within not-for-profit accounting for charities, colleges, and health care.

Discuss tuition and fees revenue under accrual accounting, including deferral to deferred revenue, waivers and scholarships, refunds, and use of allowance or provision for bad debts as contra revenue accounts.

Access a downloadable pdf file that complements the instructional video as a practical supplement for understanding contributions.

Explain contributions as nonexchange transactions for colleges and universities, record promises to give as income when made, and classify net assets with or without donor restrictions, with estimated uncollected pledges.

Access a downloadable PDA file to supplement the instructional video in this lecture on grants and expense.

Analyze grants and expenses for colleges and universities, classify exchange versus non-exchange transactions, apply accrual basis accounting with functional basis classification, and disclose program and support costs per FASB.

Access a downloadable PDA file to supplement the instructional video, reinforcing key concepts from the PDF-15190 statement of cash flows course unit.

Examine the statement of cash flows for colleges and universities, compare nongovernmental and governmental entities under FASB, and review direct and indirect methods for operating activities.

Explore not-for-profit accounting for charities, colleges, and health care, and enjoy an accounting comic break that reinforces core concepts in real-world contexts.

Explore six example problems for private colleges, focusing on not-for-profit accounting for non governmental colleges, with presentation and worksheet formats, downloadable Excel worksheets, and step-by-step videos.

Access a downloadable PDA file that serves as a supplement to the instructional video for the course, enhancing learning on not-for-profit accounting for charities, colleges, and health care.

Walk through a part 1 example of private college transactions in not-for-profit accounting, detailing tuition, scholarships, waivers, receivables, and the impact on trial balance and net assets.

Access a downloadable PDA file to supplement the instructional video, enhancing understanding of not-for-profit accounting transactions for private colleges.

Explore how a private college records transactions in accounts payable and accrued liabilities, cash collections, and adjusting entries for investments, revenues, and unearned revenue with donor restrictions and endowment considerations.

Access a downloadable pda file that supplements the instructional video, accompanying part 3's example problem on private college closing entries.

Close revenues, expenses, and restricted funds to net assets through a multi-step closing-entries process for a private college not-for-profit.

Access a downloadable PDA file that supplements the instructional video and practice not-for-profit accounting concepts for charities, colleges, and health care, including private college statement of financial position.

Construct a private college statement of financial position from a trial balance, and separate without donor restrictions and donor restricted net assets, and complete the statement of activities.

Explore not-for-profit accounting for charities, colleges, and health care while using a downloadable PDA file as a supplement to the instructional video.

Learn how to build a private college statement of financial position from a trial balance, converting assets, liabilities, and net assets, including donor-restricted funds, into a balanced post-closing position.

Access a downloadable pdf file that supplements the instructional video with the private college transactions example for not-for-profit accounting.

Explores a private college example in not-for-profit accounting, detailing journal entries, a trial balance, and net assets with and without donor restrictions, including tuition, scholarships, and pledges.

A downloadable PDA file accompanies the lecture, serving as a supplement to the instructional video for the private college example problem in not-for-profit accounting.

record private college expenses across instruction, academic support, student services, institutional support, and auxiliary enterprises, and manage grants, net assets with and without donor restrictions, endowments, investments, and depreciation.

Explore closing entries in not-for-profit accounting for charities, colleges, and health care, using a downloadable pda file as a supplement to the instructional video.

Close revenue and expense accounts for a private college, handling restrictions and net assets, and post journal entries to the trial balance and net assets, including endowment considerations.

Download a PDA file to supplement the instructional video for the private college statement of activities example problem.

Construct a private college's statement of activities from a trial balance, detailing revenues, donor restrictions, expenses, and net assets with and without donor restrictions.

Download an Excel worksheet from the upcoming presentation to support not-for-profit accounting and reporting practices.

Explore how a not-for-profit private college uses a general journal, trial balance, and worksheet to record tuition, waivers, instruction expense, net assets, and donor restrictions.

Explain how a not-for-profit organization records transactions, allocates expenses, and adjusts for restricted and unrestricted net assets in a trial balance, including tuition allowances and investment gains.

Close out not-for-profit temporary accounts to net assets, demonstrating unrestricted and donor-restricted closing entries, adjustments, and post-closing balance through a comprehensive trial balance.

Explore how not-for-profit organizations prepare the statement of activities, separating revenues and expenses into without and with donor restrictions, and reconcile to beginning and ending net assets.

download an Excel worksheet for the next presentation to support not-for-profit accounting across charities, colleges, and health care.

Explore not-for-profit accounting for a private college, posting journal entries, managing net assets, donor restrictions, and the mix of tuition, scholarships, and endowment contributions.

This lecture guides adjusting and posting entries for a private not-for-profit college, turning cash and tuition data into donor-restricted and unrestricted balances across receivables, depreciation, and investments.

Close out temporary accounts for a not-for-profit private college, transferring revenues and expenses to net assets with and without donor restrictions, then prepare the post-closing trial balance.

Explore how a not-for-profit private college prepares the statement of financial position and the statement of activities, including trial balances, net assets with and without donor restrictions, and closing entries.

Build the not-for-profit private college's statement of activities by separating revenues and expenses into without and with donor restrictions, and tie changes in net assets to the financial position.

Explore not-for-profit accounting concepts for charities, colleges, and health care through an accounting comic break that reinforces essential financial practices.

Explore government not-for-profit public universities through example problems, with two-tab Excel worksheets (one with answers, one pre-formatted) and instructional videos.

Access a downloadable pda file that supplements the instructional video for the public university transactions example. Explore not-for-profit accounting concepts relevant to charities, colleges, and health care.

Explore how a public university records transactions, from tuition and fees and scholarships to unearned revenue, state appropriations, and capital asset purchases, using a trial balance and journal entries.

Access a downloadable PDA file to supplement the instructional video, providing an example problem on public university transactions for not-for-profit accounting.

Walk through posting and analyzing public university transactions, including expenses, accounts payable, grants receivable, depreciation, allowances for doubtful accounts, and investment fair value adjustments.

Explore how a downloadable file serves as a supplement to the instructional video for a not-for-profit accounting example on closing entries in a public university setting.

Close out temporary accounts for a public university with a one-step closing entry. Reallocate the net position into unrestricted and restricted components after reviewing the adjusted trial balance.

A downloadable pda file accompanies the instructional video, serving as a supplement to the pdf example problem on the public university statement of net position.

Construct a statement of net position for a public university by translating assets, liabilities, and net position from the trial balance, including capital assets and depreciation, into a plus/minus format.

Download the Excel worksheet from the upcoming presentation to practice not-for-profit accounting tasks in charities, colleges, and health care contexts.

Learn how a public university uses not-for-profit accounting to record tuition, scholarships, unearned revenue, gifts, and appropriations, posting general journals to trial balance and net position.

Learn how to record public university transactions, including expenses, accounts payable, grants, depreciation, doubtful accounts, and investment changes, through journal entries and trial balance posting.

Close temporary accounts to the net position in a public university, distinguishing unrestricted from restricted and net investment in capital assets, and prepare post-closing and adjusted trial balances.

Build the statement of net position from the adjusted trial balance and closing entries, detailing assets, liabilities, and net position with restricted and unrestricted components.

Take a comic break from not-for-profit accounting, covering charities, colleges, and health care, to refresh while tying humor to key financial concepts.

Explore health care organizations within not-for-profit accounting, comparing non-governmental and governmental not-for-profits, highlighting differences and practicing transaction recording for health care entities.

Download the PDA file to supplement the instructional video and reinforce health care organization classifications discussed.

Explore health care organization classifications, focusing on not-for-profit and for-profit structures, including business oriented and governmental not-for-profit sectors, and healthcare entities like HMOs, hospitals, and continuing care retirement communities.

Offer a downloadable pda file to supplement the instructional video, highlighting health care authoritative sources and the financial statement in not-for-profit accounting.

Explore authoritative sources for health care accounting and contrast governmental and nongovernmental not-for-profit financial statements, including balance sheets, statements of changes in net assets, revenues and expenses, and cash flows.

Download a PDA file to supplement the instructional video, enhancing understanding for the upcoming presentation in the not-for-profit accounting course.

Explore assets in not-for-profit health care organizations, including assets limited as to use and donor restrictions, and contrast investments and reporting under not-for-profit and Gatsby governmental frameworks.

Download a PDA file to supplement the instructional video on revenue in not-for-profit accounting for charities, colleges, and health care.

Explore health care revenue streams, including patient service, resident service, and capitation, and explain revenue recognition, contractual adjustments, third-party payers, and charity care policies.

Access a downloadable pda file that supplements the instructional video on donated materials and services in not-for-profit accounting for charities, colleges, and health care.

Explain how nongovernmental not-for-profit health care organizations record donated materials at fair value, recognizing revenue or assets, and include donated services when they create assets or require specialized skills.

Access a downloadable PDA file to accompany the instructional video on expenses, providing a practical supplement for not-for-profit accounting coursework.

Learn how health care organizations apply accrual-basis expense recognition via the matching principle, record expenses when incurred, and classify by nature or function, including contra revenue for uncollectible patient receivables.

Access a downloadable PDA file to supplement the instructional video on the statement of changes in net assets in not-for-profit accounting.

Explore the statement of changes in net assets for not-for-profit, non-governmental health care organizations and its separation from the statement of operations, highlighting that government entities do not require it.

Delve into the statement of cash flows within not-for-profit accounting for charities, colleges, and health care. Access a downloadable PDA file that acts as a supplement to the instructional video.

Explore the statement of cash flows for a healthcare not-for-profit, compare nongovernmental and governmental entities under fAsB, and note that Gatsby requires the direct method for the operating section.

Explore not-for-profit accounting essentials with a lighthearted accounting comic break, focusing on charities, colleges, and health care financial practices.

Explore example problems focused on governmental hospitals, contrasted with nongovernmental health care entities, through a presentation, worksheets, and step-by-step instructional videos, including downloadable two-tab Excel files with and without answers.

Access a downloadable PDF accompanying the Part 1 example problem on hospital transactions, used as a supplement to the instructional video for not-for-profit accounting.

Explore how not-for-profit hospital accounting records journal entries and a trial balance, including patient service revenue on account, accounts receivable, charity care, and a federal reimbursement grant.

Access the downloadable PDA file as a supplement to the instructional video for the hospital transactions example problem.

Explore hospital transactions in not-for-profit accounting, including journal entries, posting to the trial balance, net assets, and revenue, expenses, and the allowance for uncollected accounts.

Explore hospital closing entries through a practical example, supported by a downloadable pda file that supplements the instructional video.

Close all temporary accounts in the hospital not-for-profit example with one journal entry, transferring revenues and expenses to net assets and updating the post-closing trial balance.

Download the Excel worksheet from the next presentation to support not-for-profit accounting for charities, colleges, and health care learners.

Navigate hospital not-for-profit accounting with general journals, trial balance, and closing entries, recording patient service revenue, accounts receivable, contractual adjustments, charity care, grants, and vouchers.

Explore hospital not-for-profit accounting workflows, posting journals to the trial balance, recording collections on account, allowances for uncollected accounts, accrued interest receivable, and depreciation.

Explains the closing entry process for a hospital not-for-profit, including creating a closing trial balance, zeroing temporary accounts, and posting to net assets to produce post-closing trial balance.

Explore not-for-profit accounting for charities, colleges, and health care. Experience an accounting comic break that highlights essential concepts.

Explore how not-for-profit hospitals compare to governmental entities with 10 example problems, and access downloadable Excel worksheets—one with answers and a preformatted blank version—plus step-by-step instructional videos.

Access a downloadable PDA file that supplements the instructional video for understanding not-for-profit hospital transactions.

Explore how not-for-profit hospitals record journal entries, post to the trial balance, and manage net assets, patient service revenue, and donor restrictions.

Download a PDA file to accompany the instructional video, using it as a supplement for the not-for-profit hospital closing entries in this course.

Complete the close process for a not-for-profit hospital by closing revenue and expense accounts to net assets and reclassifying unrestricted net assets for plant.

Explore a not-for-profit hospital balance sheet through a downloadable PDA file that supplements the instructional video with an example problem.

Construct a not-for-profit hospital balance sheet from an adjusted trial balance, detailing current and long-term assets, liabilities, and net assets with donor restrictions and designated classifications.

Downloadable PDA file accompanies the instructional video, providing a practical supplement for not-for-profit hospital accounting and Part 4 example problem.

Construct the not-for-profit hospital statement of operations, detailing patient service revenue, contractual adjustments, other operating revenues, and expenses to show the excess of revenues over expenses and net assets impact.

Download a PDA file to supplement the instructional video, illustrating a not-for-profit hospital statement of changes through an example problem.

Examine how a not-for-profit hospital prepares the statement of changes in net assets, including unrealized loss on investments, releases from restrictions, and the increase in net assets.

Access a downloadable PDA file to accompany the instructional video, illustrating a not-for-profit hospital statement of cash flow and related accounting concepts.

Learn to prepare a not-for-profit hospital's statement of cash flows using the indirect method, reconciling change in net assets to cash with adjustments for receivables, inventory, payroll, depreciation, and investments.

Download and apply the Excel worksheet included in the upcoming presentation to support not-for-profit accounting across charities, colleges, and health care.

Learn not-for-profit hospital accounting by recording transactions in the general journal, posting to the trial balance, and preparing financial statements with restricted and unrestricted net assets.

Explore not-for-profit hospital transactions, including journal entries, trial balance, inventory adjustments, and expense classification, plus mortgage current vs long-term and unrealized losses on investments.

Learn closing entries for a not-for-profit hospital, zeroing temporary accounts, posting to the trial balance and post-closing trial balance, and reallocating net assets between donor restrictions and unrestricted categories.

Learn to build a not-for-profit hospital balance sheet from the adjusted trial balance, detailing assets, liabilities, and three net asset categories without donor restrictions, with donor restrictions, and designated.

Explore how to prepare the statement of operations for a not-for-profit hospital, including net patient revenue, operating and non-operating items, and the effect on net assets from donor restrictions.

Analyze how a not-for-profit hospital reports the statement of changes in net assets by reconciling net income, unrealized investment losses, and net assets released from restrictions.

Explore the indirect method for the not-for-profit hospital's statement of cash flows, starting from change in net assets and reconciling to net cash from operations via balance sheet adjustments.

Delve into not-for-profit accounting for charities, colleges, and health care, and enjoy an accounting comic break that reinforces core financial concepts in practical scenarios.