On-Demand


40 CPE

Not-for-Profit Certificate I Program

Build a strong foundation for your nonprofit skills.

On-Demand
40 CPE

Learning Objectives

  • Identify the proper accounting treatment for typical transactions of not-for-profit entities, including the significant changes related to revenue recognition.
  • Recognize the financial statement presentation and disclosure requirements that apply to not-for-profit entities, including those added or amended under ASU 2016-14.
  • Identify basic state and federal filing requirements of an exempt organization, recognize the core components of the annual information return Form 990, and identify when an NFP may be subject to unrelated business income tax.
  • Recognize best practices in NFP board governance, risk assessment and internal controls
  • Identify steps involved in planning a successful audit engagement and identify key auditing considerations and client communications.

Major Topics

  • Introduction to accounting topics that apply to Not-for-Profit Entities
  • Accounting and financial reporting issues
  • Tax compliance considerations, including fully updated information related to the Tax Cuts and Jobs Act
  • Best practices in governance and assurance

CPE Credits Available

40 CPE
17.5
Accounting
3
Auditing
11.5
Business Management & Organization
8
Taxes

Things to Know About This Course

Course Level

  • Basic

Prerequisites

Varies

Intended Audience

Anyone who works in or with a nonprofit who wants to build a strong foundational knowledge of the unique financial needs of the NFP sector, including financial reporting engagements, NFP tax engagements or NFP audit engagements.

Provider

AICPA

Purchase This Course

  • MACPA Member

    $ 955 955
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  • MACPA Non-Member

    $ 1199 1199
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