Strong analytical procedures are critical for evaluating the fair presentation of financial statements. In addition, financial statements are only as good as the information and trends that they produce for operational, strategic, or compliance purposes. This webcast nonprofit CPE course provides insights into determining the strength and efficiency of nonprofits in achieving objectives and knowledge, all in service of improving the analysis of the fair presentation of a nonprofit's financial statements.
Learning Objectives
Upon completion of this course, participants will be able to:
Explain how properly designed and performed analytical procedures contribute to reducing audit risk
Describe the required elements of an analytical test that must be documented to satisfy professional standards
Describe the most common financial statement analytics used to interpret the financial results of a nonprofit
Common ratios and trends to assess liquidity, operating efficiency, leverage, and more
