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Introduction to Not-for-Profit Entities: Accounting, Tax and Compliance Essentials
CPE Self-study

Introduction to Not-for-Profit Entities: Accounting, Tax and Compliance Essentials

Earn CPE credits as you become acquainted with the unique aspects of accounting and financial reporting issues that apply to NFPs.

$52 - $75
Do you have an AICPA membership? Log in to apply your member discount.

Format

Online

NASBA Field of Study

Accounting

Level

Basic

CPE Credits

2

Author(s)

Karen Craig

Availability

1 year

Product Number

165110

 Business & partner 
Learning Outcomes
  • Identify the unique aspects of NFPs.
  • Understand the differences between for-profit entities and NFPs.
  • Recognize the various types of NFPs.
  • Identify NFP-specific terminology.
  • Identify the basic financial statement presentation differences between for-profit entities and NFPs.
  • Identify examples of the differences in the organizational structures of for-profit entities and NFPs.
Key Topics
  • The role of CPAs and finance professionals as trusted advisors working in and with NFP organizations
  • NFP reporting standards
  • Compliance requirements to obtain and maintain tax-exempt status
  • Basic financial statement presentation
  • Terminology unique to NFPs
Product Details

This CPE course can be purchased individually or as a part of the comprehensive Not-for-Profit Certificate I Program.

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).

Pricing
Do you have an AICPA membership? Log in to apply your member discount.
Nonmembers
Online
$75.00
AICPA Members
Online
$65.00
NFP Section Members
Online
$52.00

Group ordering for your team

2 to 5 registrants

Save time with our group order form. We’ll send a consolidated invoice to keep your learning expenses organized.

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6+ registrants

We can help with group discounts. Call us at 1-800-634-6780 (option 1) or email us at salessupport@aicpa.org

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Credit Info
CPE Credits
Online
2
NASBA Field of Study
Accounting
Level
Basic
Prerequisites
Knowledge of the not-for-profit industry
Access
Online
This is a digital product. You will have access to the content for 1 year after purchase date.
Yellow Book Hours
2
Instructors
Karen Craig
Karen Craig, CPA, is a consultant providing technical accounting, reporting, finance, and analytical expertise to not-for-profits with a focus on higher education. She holds a degree in journalism and an MBA from California Polytechnic State University and is a licensed CPA in California. From 2002 to 2009, Karen was an Associate Controller at Stanford University where she was responsible for the overall operations of the university's investment accounting, financial reporting, capital accounting, payroll and disbursements departments. Prior to her work at Stanford, she was Controller for a software startup company and a Senior Audit Manager with PricewaterhouseCoopers. Karen hold memberships in the AICPA, in which she is an ex-officio member of the AICPA Not-for-Profit Industry Expert Panel, and the National Association of College and University Business Officers (NACUBO) in which she is a technical advisor to its Accounting Principles Council.
Shipping and delivery
Shipping costs  and sales taxes will be added later during checkout
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Introduction to Not-for-Profit Entities: Accounting, Tax and Compliance Essentials
Select from the following options:
Online
$75.00
Nonmember Price
$75.00
Price excluding sales tax
$75.00
Do you have an AICPA membership? 
Log in to apply your member discount.
Shipping cost and sales tax will be added later during checkout

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