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These learning resources are designed to enhance the competency and development of not-for-profit professionals, including staff and stakeholders of not-for-profit entities and the firm practitioners who serve them.

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5 Ways Not-for-Profits Can Detect and Prevent Fraud

​This article discusses small steps that will make a big difference in preventing theft of assets and unsubstantiated spending, two of the most common types of fraud...

Article Governance Intermediate

Compliance Issues for Fundraising Organizations

Special events generate a great deal of excitement, but they can also result in headaches if compliance issues are overlooked.

Article Tax & regulatory Intermediate

New Revenue Recognition Model to Affect NFPs

This page provides an overview of the new revenue recognit ion standards and its affect on not-for-profits.

Article FASB financial accounting & reporting Foundational

3 Things Not-for-Profits Need to Understand about their Finances

This article explores three things not-for-profits need to understand about their finances in order to run a more effective organization.

Article Tax & regulatory Foundational

How NFPs should allocate joint costs

Not-for-profit management and auditors have the responsibility to make sure that costs are properly allocated for activities that serve their mission and also include...

Article Functional expenses & joint costs Foundational

Illustrative Financial Statements - Not-for-Profit Entities

These illustrative financial statements and related disclosures have been created to serve as a non-authoritative example of a possible presentation of a complete set...

Article Financial statement presentation Intermediate

Common Financial Statement Errors

This document contains a series of lists developed to serve as a non-authoritative illustration of some financial statement errors commonly found in small and...

Article Financial statement presentation Intermediate

Considerations for Auditing Alternative Investments

This article provides considerations for auditing alternative investments.

Article Alternative investments Intermediate

Distinguishing Contributions from Exchange Transactions

This chart may be helpful in determining whether individual asset transfers are contributions, exchange transactions, or both.

Article Contribution revenue & agency transactions Intermediate

Functional Expense Classification

This article provides an overview of the financial reporting requirements under GAAP and offers some tips for designing and optimizing your NFP's expense allocation...

Article Functional expenses & joint costs Foundational

Payments in Lieu of Taxes

For not-for-profit entities, payments in lieu of taxes (PILOT) are amounts paid to a state or local government in place of taxes, most commonly property taxes. Read...

Article Tax & regulatory Intermediate

Checklist of Communications to Management and Those Charged with Governance

Download this reference checklist to see a listing of required communications to management and those charged with governance. It includes references to the applicable...

Tool Audit Advanced