Earn a micro-credential and advance your knowledge of the Not-for-Profit field.
Demonstrate your leadership in the not-for-profit (NFP) field with hands-on application and strategy training.
- Apply core concepts in NFP accounting and financial reporting, governance, assurance, and tax compliance.
- Successfully prepare not-for-profit financial statements in accordance with GAAP, including implementation of the most current FASB Accounting Standards likely to be effective for most NFPs’ next financial reporting periods.
- Review how the Tax Cuts and Jobs Act (TCJA) affects NFPs.
Not-for-Profit Advanced Certificate - Financial Reporting Track
Statement of Financial Position
Offers examples and case studies that will help you account for common transactions and successfully prepare an NFP's statement of financial position.
Statement of Activities
Offers interpretations and case studies that will help you learn how to prepare an NFP's statement of activities.
Statement of Cash Flows
A statement of cash flows is necessary to comply with GAAP, which is required of for-profit and not-for-profit (NFP) businesses alike. However, NFPs are required to comply with unique industry-specific guidance that applies only to them. For example, when an NFP receives cash with a donor-imposed restriction or holds cash for the purposes of a long-term endowment, debt-service reserve, quasi endowment, or future acquisition of property, those activities will require special reporting consideration. This CPE course offers you detail-rich examples and case studies. Learn the nuances of NFP financial reporting and get the information you need to successfully prepare a statement of cash flows. You will have an opportunity to download a sample NFP statement of cash flows, which is included in your course materials.
Statement of Functional Expenses
Offers examples and case studies that will help you allocate costs and accurately prepare the statement of functional expenses.
Interpreting and Analyzing Financial Statements
Offers examples and case studies to help you understand how financial statements interrelate, identify potential red flags within a set of NFP financial statements, and perform strategic analysis.
Expand all
Collapse all
Not-for-Profit Advanced Certificate - Governance and Assurance Track
Aligning Mission and Strategy
Offers detail-rich examples and case studies to help you execute a clear strategy, monitor progress and evaluate results.
Budgeting Considerations for Not-for-Profits
Provides examples and a case study to help you turn budgeting into a positive planning process that can help your nonprofit achieve its strategic goals and increase accountability in the budgeting process.
Ethical Issues in Not-for-Profits
Offers examples and interpretations to help you apply techniques to address ethical challenges and create governance practices to create a culture of ethical management.
Expand all
Collapse all
Not-for-Profit Advanced Certificate - Tax Compliance Track
Form 990 Preparation - Core Form
In this CPE course, learn how to prepare Form 990. Also discussed are practice tips, common errors, and potential red flags that could lead to an IRS audit.
Unrelated Business Income Tax (UBIT) Case Studies
In this CPE course, you will get an understanding of what constitutes unrelated business income. Consider real-world examples and examine tax court findings and IRS rulings to learn how to deal with some common UBI-generating activities.
Maintaining Tax Exemption
In this CPE course, learn about the organizational and operational requirements to establish and maintain tax exemption. It also discusses activities and transactions that NFPs should limit or avoid to protect their tax-exempt status.
Expand all
Collapse all