On-Demand


40 CPE

Not-for-Profit Certificate I Program (On-Demand) 2024

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
40
Various

Things to Know About This Course

Course Level

  • Basic

Professional Area of Focus

  • Tax
  • Accounting & Auditing

Prerequisites

Knowledge of the not-for-profit industry

Intended Audience

Anyone interested in learning the essentials of not-for-profit financial management, including accounting and financial reporting, tax compliance, governance and assurance.

Fields of study include: Accounting, Auditing, Business Management and Organization, Taxes

Provider

AICPA - Durham

This can not be purchased at this time.