On-Demand

30 CPE

Not-for-Profit Certificate II Program (On-Demand) 2023

On-Demand
30 CPE

Hands-on application and strategy training for not-for-profit professionals

For those with a solid foundation in the core knowledge areas of nonprofit financials, Not-for-Profit Certificate II offers the hands-on application and strategic knowledge you need to advance to the next level of nonprofit financial responsibility.

Whether you work for or with a nonprofit, this 30-hour CPE program will help you apply proven best-practices to diverse nonprofit environments.

Good work requires good tools

This unique training program provides new and better insights to strengthen your financials, enhance your compliance with accounting rules, and implement best practices for all aspects of nonprofit financials, including accounting & financial reporting, governance & assurance, and tax compliance.

Courses included in this program:

Not-for-Profit Certificate II - Tax Compliance

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

Not-for-Profit Certificate II - Financial Reporting

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

Not-for-Profit Certificate II - Governance and Assurance

  • Aligning Mission and Strategy
  • Budget Considerations for Not-for-Profits
  • Ethical Issues in Not-for-Profits
  • Performance Measurement for Not-for-Profits
  • Applying the COSO ERM Framework
  • Risk Assessment for NFP

You will have 2 years from the time of purchase to complete the program.

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Learning Objectives

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

Major Topics

  • Tax compliance considerations, including fully updated information related to the Tax Cuts and Jobs Act
  • Key factors in defining and measuring mission success, including performance measurement, risk assessment, benchmarking, cash flow management, and forecasting
  • Financial statement preparation for not-for-profit organizations
  • Core IRS Form 990 preparations
  • Budgeting for not-for-profit organizations
  • Strategic planning for not-for-profit organizations
  • Design and management of internal controls

CPE Credits Available

30 CPE
6
Auditing
6
Behavioral Ethics
6
Business Management & Organization
6
Finance
6
Taxes

Things to Know About This Course

Course Level

  • Intermediate

Professional Area of Focus

  • Accounting & Auditing
  • Tax

Prerequisites

Experience working in or with the not-for profit industry

Advanced Preparation

None.

Intended Audience

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.

Provider

AICPA - Durham

This can not be purchased at this time.