The Not-for-Profit sector is one of the fastest growing
sectors in our economy. In this CPE course you will learn how accounting and
finance professionals can apply their knowledge, skills and abilities to help
NFPs accomplish their missions. This CPE course delves into the unique aspects
of accounting, financial reporting, governance, and tax compliance issues that
apply to NFPs. Topics covered will include an overview of NFP reporting
standards, compliance requirements to obtain and maintain tax-exempt status,
basic financial statement presentation, and accounting terminology unique to
NFPs.
Note: As of August 1, 2018, course content has been updated to reflect implementation of FASB Accounting Standards Updates (ASUs) effective for most not-for-profit entities for their next financial reporting period, including those related to financial statement presentation (ASU 2016-14) and revenue recognition (ASU 2014-09 and ASU 2018-08).