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Not-for-Profit Certificate II - Financial Reporting
Not-for-Profit
CPE Self-study

Not-for-Profit Certificate II - Financial Reporting

This series of CPE courses is part of Not-for-Profit Certificate II. Learn techniques to successfully prepare an NFP's financial statements, assess relationships with other NFP and for-profit organizations to determine if consolidation is required, and how to interpret and analyze a set of NFP financial statements.

$212 - $339
Do you have an AICPA membership? Log in to apply your member discount.

Format

Online

NASBA Field of Study

Accounting

Level

Intermediate

CPE Credits

11

Author(s)

Andrew Prather

Availability

1 year

Product Number

165420

 Business & partner 
Product Details

This series of video-based CPE courses is included in the Not-for-Profit Certificate II Program. This track can be purchased individually or as a part of the full Certificate Program.

Learn from the experts with this video-based, on-demand learning experience. Set yourself apart and get the tools and strategies you need to sharpen your skills in not-for-profit (NFP) financial reporting. The program builds on core concepts as you get insights from industry leaders. You will learn techniques to successfully prepare an NFP’s financial statements, assess relationships with other not-for-profit and for-profit organizations to determine if consolidation is required, and interpret and analyze a set of NFP financial statements. This self-paced program contains e-learning exercises, targeted case studies, and detail-rich interpretations to create a flexible, dynamic learning experience you can complete online in your own time.

Courses Included

Note: As of August 1, 2018, Not-for-Profit Certificate Program 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).If you started but did not complete Not-for-Profit Certificate II prior to July 31, click here to find out how this and related course updates affect you. If you completed the program prior to July 31 and would like to retake only those courses with significant updates for new standards, click here to learn about the Certificate II Update Pack.

Key Topics
  • Financial statement preparation
  • Statements of financial position
  • Statements of activities
  • Statements of cash flows
  • Statements of functional expenses
  • Consolidated financial statements
  • Direct versus indirect cash flow statements
  • Analysis of financial statements
  • Presentation options available to NFPs
  • Common errors in NFP accounting and financial reporting
  • Financial reporting trends and techniques
Learning Outcomes
  • Identify how to prepare a complete set of not-for-profit financial statements in accordance with GAAP, including implementation of FASB Accounting Standards Updates likely to be effective for most NFPs’ next financial reporting periods.
  • Identify how the financial statements interrelate.
  • Analyze a fact pattern to determine the effect of a particular transaction or significant event on the NFP’s financial statements.
  • Assess the financial health of an NFP using ratio analysis and other methods.
  • Recognize potential red flags in an NFP’s financial statements.
Credit Info
CPE Credits
Online
11
NASBA Field of Study
Accounting
Level
Intermediate
Prerequisites
Experience working in or with 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
11
Pricing
Do you have an AICPA membership? Log in to apply your member discount.
Nonmembers
Online
$339.00
AICPA Members
Online
$265.00
NFP Section Members
Online
$212.00

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.

Start order

6+ registrants

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

Contact us
Instructors
Andrew Prather
CPA
Andrew Prather is an audit shareholder at Clark Nuber P.S. based in the Seattle metro area. He is a leader in the firm's Not-for-Profit Services Group and provides a wide range of not-for-profit organizations with audit and consulting services. Andrew serves as a member of the FASB's Not-for-Profit Advisory Committee and chairs the planning committee for the AICPA's Not-for-Profit Industry Conference. He previously was a member of the AICPA's Not-for-Profit Expert Panel and served on the AICPA's Not-for-Profit Entities Audit & Accounting Guide Revision Task Force and participated in the 2013 overhaul of the AICPA's Not-for-Profit Entities Audit & Accounting Guide. Andrew has served as the chair of the Washington Society of CPA's (WSCPA) Not-for-Profit Committee and co-chair of the WSCPA Not-for-Profit Conference. He is a frequent speaker at conferences, seminars, and webcasts for the AICPA, state CPA societies, and industry groups. Andrew also serves as his firm's Quality Control Director overseeing the firm's audit quality assurance program and serving as a technical resource to the firm's professional staff.
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.

Shipping and delivery
Shipping costs  and sales taxes will be added later during checkout
Cancellation Policy
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Not-for-Profit Certificate II - Financial Reporting
Select from the following options:
Online
$339.00
Nonmember Price
$339.00
Price excluding sales tax
$339.00
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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