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Technical

Not-for-Profit Certificate II Logo aicpa

  Free |   AICPA |   Nov 2015 |   Accounting |   AICPA Store
Hands-on application and strategy training for not-for-profit professionals
Who Will Benefit
  • Nonprofit financial professionals
  • Professionals in public practice
  • CPA firms looking for higher-level application and strategy training for staff members
Key Topics
  • Tax compliance considerations, including fully updated information related to the Tax Cuts and Jobs Act
  • Key factors in defining and measuring mission success, including performance measurement, risk assessment, benchmarking, cash flow management, and forecasting
  • Financial statement preparation for not-for-profit organizations
  • Core IRS Form 990 preparations
  • Budgeting for not-for-profit organizations
  • Strategic planning for not-for-profit organizations
  • Design and management of internal controls
Learning Objectives
  • Prepare a complete set of NFP financial statements, a budget, a strategic plan, and the core IRS Form 990 and supplemental materials.
  • Analyze financial statements to assess an NFP’s financial health.
  • Evaluate facts and circumstances to determine whether a tax-exempt organization has reporting requirements or a tax liability for unrelated business income tax (UBIT).
  • Apply techniques to effectively steward an NFP's resources to achieve mission success, including performance measurement, risk assessment and response strategies, benchmarking, cash flow management, and forecasting.
  • Identify a process to assess, design, implement and monitor internal controls.

For those with a solid foundation in the core knowledge areas of nonprofit financials, Not-for-Profit Certificate II offers the hands-on application and strategic knowledge you need to advance to the next level of nonprofit financial responsibility.

Whether you work for or with a nonprofit, this 30-hour CPE program will help you apply proven best-practices to diverse nonprofit environments.

Good work requires good tools

This unique training program provides new and better insights to strengthen your financials, enhance your compliance with accounting rules, and implement best practices for all aspects of nonprofit financials, including accounting & financial reporting, governance & assurance, and tax compliance.

View courses included in this program

Spotlight your accomplishment online

Successful completion earns a digital badge you can showcase anywhere on the web — including LinkedIn, your company's website or online resume. Your Certificate and digital badge information will be sent to you once you've completed the program.

Build the practical, marketable skills you need by earning one of our popular Not-for-Profit Certificates.

More Information

Courses included in this program
Description SKU
Form 990 Preparation: Schedules 165411 Not-for-Profit Certificate II -
Tax Compliance
Form 990 Preparation: Core Form 165412
Unrelated Business Income Taxes (UBIT) 165413
Maintaining Tax Exemption 165414
Statement of Financial Position 165421 Not-for-Profit Certificate II -
Financial Reporting
Statement of Activities 165422
Statement of Cash Flows 165423
Statement of Functional Expenses 165424
Financial Statement Note Disclosures for NFPs 165425
Interpreting and Analyzing an NFP's Financial Statements 165426
Preparing Consolidated Financial Statements 165427
Aligning Mission and Strategy 165431 Not-for-Profit Certificate II -
Governance and Assurance
Budget Considerations for Not-for-Profits 165432
Ethical Issues in Not-for-Profits 165433
Performance Measurement for Not-for-Profits 165434
Applying the COSO ERM Framework 165435
Risk Assessment for NFP 165436
Topics covered:
  • Financial accounting & reporting: Technical: FASB financial accounting & reporting, Intermediate
  • Not-for-profit: Technical: FASB financial accounting & reporting, Intermediate
  • Not-for-profit: Technical: Tax & regulatory, Intermediate
  • Not-for-profit: Technical: Governance, Intermediate

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