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Investments: Not-for-Profit Accounting & Financial Reporting
CPE Self-study

Investments: Not-for-Profit Accounting & Financial Reporting

Learn about the financial accounting and reporting requirements related to investments for NFPs.

$23.20 - $39
Do you have an AICPA membership? Log in to apply your member discount.

Format

Online

NASBA Field of Study

Accounting

Level

Basic

CPE Credits

1

Author(s)

Karen Craig

Availability

1 year

Product Number

165130

 Business & partner 
Product Details

This CPE course is included in the comprehensive Not-for-Profit Certificate I Program. It can also be purchased individually or as a part of the Not-for-Profit Accounting and Financial Reporting track.

Investments can be a source of significant financial support and an indicator of the overall financial health of a not-for-profit organization (NFP). In this CPE course, you will learn about the financial accounting and reporting requirements related to investments for NFPs. Topics discussed in this course include fair value measurement, investments accounted for under the equity method, alternative investments, and the reporting of investment income, gains, and losses. You will also learn about financial statement presentation and note disclosures related to an NFP's investments.

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).

Key Topics
  • Common types NFP investments
  • Recognition, measurement and valuation of investments subsequent to acquisition
  • Investments accounted for under the equity method
  • Alternative investments
  • Investment pools
  • Fair value hierarchy
  • Accounting for investment income, gains, and losses
  • Financial statement presentation and required note disclosures
Learning Outcomes
  • This course will prepare you to:
  • Differentiate between short-term and long-term investments.
  • Identify the reporting requirements related to investments and investment income.
  • Recall the characteristics of investment pools.
Credit Info
CPE Credits
Online
1
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
1
Pricing
Do you have an AICPA membership? Log in to apply your member discount.
Nonmembers
Online
$39.00
AICPA Members
Online
$29.00
NFP Section Members
Online
$23.20

Group ordering for your team

2 to 5 registrants

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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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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.
Accessibility

The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association's website, educational materials, products, and services. The Association is committed to making professional learning accessible to all. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. For accommodation requests, please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.

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Cancellation Policy
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Investments: Not-for-Profit Accounting & Financial Reporting
Select from the following options:
Online
$39.00
Nonmember Price
$39.00
Price excluding sales tax
$39.00
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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