Content Provider
Lgt logov
Handout Materials
Presentation Slides
Free cpe webinars
The 101 on Not-for-Profit


Cost Free
Presentation Length 1.0 hour

Recorded DateOctober 16, 2020
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaAccounting
Course LevelBasic
Series: Non-Profits
Course Description

Not-for-Profit organizations present a unique set of accounting and governance issues. This session focuses on the fundamentals of NFP organizations, including key definitions, financial statements, governance, revenue recognition, in-kind contributions, and tax considerations. Please note: If you have taken Revenue Recognition for NFP Organizations by this same presenter, about 50% of the content will be repetitive.
Learning objectives:

  • Identify fundamental terms and concepts specific to NFP organizations

  • Recall a financial statement presentation

  • Identify key aspects of good governance and tax considerations

  • Identify thoroughly revenue recognition concepts for NFPs

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Lgt logov

Lucas is a Texas Society of CPAs Rising Star Award-winning relationship manager, auditor, board member, author, and speaker with two decades of leadership in assurance, consulting, risk management/ mitigation, and taxation services. After nearly a decade as an auditor working with clients in a number of industries; including construction, M&D, and not-for-profit, he now is responsible for leading firm initiatives to expand existing client relationships and establish new ones, investigate innovative client services and solutions, and instill a culture of client service and sales. He often presents to local, state, and national audiences about accounting industry developments. 

About Our Presenter

Lgt logov
For more than 65 years, Lane Gorman Trubitt has served the Dallas/Fort Worth Metroplex from their single location in Uptown Dallas. The firm is comprised of more than 100 employees who have a variety of professional skills and industry specializations; yet, they all share the same passion to support and grow local businesses with tax, audit, and consulting services.