How to study for Not-for-Profit Accounting?

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  • July 6, 2015 at 8:23 pm #195265
    JSPERBER
    Participant

    The title speaks for itself…. This topic is foreign to me and I just don’t get it. Any advice?

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  • July 6, 2015 at 8:39 pm #677067
    Skynet
    Participant

    I'm studying Governmental & NFP right now. Most of it is new to me as well. However, I noticed that a lot of it is mostly conceptual with very little calculations. I have been mostly working the mcq's over and over. It's been sticking a little bit.

    July 6, 2015 at 8:45 pm #677068
    Skynet
    Participant

    I will say this though.

    Know the three Fund Categories and their related Funds (Governmental, Proprietary, and Fiduciary) and their differences. Once you know the differences, it will get easier as most Governmental & NFP will be interrelated.

    July 6, 2015 at 8:47 pm #677069
    JSPERBER
    Participant

    I don't see any resemblance between GOVT and NFP

    July 6, 2015 at 8:48 pm #677070
    taxgeek83
    Participant

    MCQs and flashcards did it for me – lots and lots of MCQs and flashcards.

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