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Not-for-Profit Certificate II Program

Description

After completing this course, you will be able to successfully prepare financial statements, complete the Form 990, build complex budgets, and guide the strategic planning process.

You’ll also learn how to perform risk assessments, proactively respond to tax compliance issues, measure performance, and work with an organization’s governing board to achieve mission success. Plus, experts provide practice tips to help you tailor your methods to address the challenges of nonprofits of all sizes.

Learning Objectives
  • Prepare a complete set of NFP financial statements, the core IRS Form 990 and supplemental materials, budget and strategic plan
  • Analyze financial statements to assess the financial health of an NFP
  • Evaluate facts and circumstances to determine whether a tax-exempt organization has reporting requirements or a tax liability for unrelated business income tax
  • Apply techniques to effectively steward an NFP’s resources to achieve mission success, including performance management, risk assessment and response strategies, benchmarking, cash flow management, and forecasting
  • Identify a process to assess, design, implement, and monitor internal controls
Major Topics

Not-for-Profit Certificate II –
Tax Compliance

  • Form 990 Preparation: Core Form
  • Form 990 Preparation: Schedules
  • Maintaining Tax Exemption
  • Unrelated Business Income Taxes (UBIT)

Not-for-Profit Certificate II –
Financial Reporting

  • Financial Statement Note Disclosures for NFPs
  • Interpreting and Analyzing an NFP’s Financial Statements
  • Preparing Consolidated Financial Statements
  • Statement of Activities
  • Statement of Cash Flows
  • Statement of Financial Position
  • Statement of Functional Expenses

Not-for-Profit Certificate II –
Governance and Assurance

  • Aligning Mission and Strategy
  • Applying the COSO ERM Framework
  • Budget Considerations for Not-for-Profits
  • Ethical Issues in Not-for-Profits
  • Performance Measurement for Not-for-Profits
  • Risk Assessment for NFP
Provider
AICPA
Course Level
Intermediate
CPE Field of Study
Accounting (Governmental)
14
Behavioral Ethics
2.0
Business Management & Organization
3.5
Finance
2.0
Taxes
8.5
Who Should Attend

CPAs, financial professionals and NFP staff and board members looking to deepen their existing knowledge of NFP financial responsibility, and set themselves apart as a leader in this field.

Instructor(s)
Prerequisites

Varies

Location
Online
Register Now
When
Available 24/7
Location
Online
Total CPE Credits
30
Format
On-Demand

MEMBER


$ (% off)
$699.00

NON-MEMBER


$ (% off)
$879.00
Become A Member

Register for this Course

Not-for-Profit Certificate II Program


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