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Not-for-Profit Certificate I Program

Description

This comprehensive on-demand learning experience covers the core concepts of accounting and financial reporting, tax compliance, governance and assurance. This 40-hour interactive CPE program contains real-world examples, case studies, animations and videos to create a flexible, dynamic learning experience.

Learning Objectives
  • Recognize the GAAP reporting standards that apply to NFPS and identify basic financial statement presentation and disclosure requirements
  • Identify the 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 the steps involved in planning a successful audit engagement and identify key auditing considerations and client communications
Major Topics
  • Assets
  • Auditing Considerations: Not-for-Profit Governance
  • Best Practices in Board Governance: Not-for-Profit Governance
  • Exchange and Agency Transactions
    Expenses
  • Fair Value Issues Specific to NFPs
  • Federal and State Filing Requirements
  • Financial Oversight, Budget and Strategy: Not-for-Profit Governance
  • Financial Statement Presentation
  • Fraud Overview and Prevention: Not-for-Profit Governance
  • GAAP for NFPs
  • Introduction to Form 990
  • Introduction to Not-For-Profit Entities: Accounting, Tax and Compliance Essentials
  • Investments
  • Liabilities
  • Net Assets
  • Planning the Audit Engagement: Not-for-Profit Governance
  • Private Foundations
  • Programmatic Investments
  • Revenue from Contributions
  • Risk Assessment and Internal Controls: Not-for-Profit Governance
  • Split Interest Agreements and Endowments
  • Tax Exempt Status
  • Unrelated Business Income Tax
Provider
AICPA
Course Level
Basic
CPE Field of Study
Accounting
17.5
Auditing
3.0
Business Management & Organization
11.5
Taxes
8.0
Who Should Attend

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.

Instructor(s)
Prerequisites

Varies

Location
Online
Register Now
When
Available 24/7
Location
Online
Total CPE Credits
40
Format
On-Demand

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$ (% off)
$799.00

NON-MEMBER


$ (% off)
$999.00
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Not-for-Profit Certificate I Program


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