Not-for-Profit Certificate I + Not-for-Profit Entities - Audit and Accounting Guide

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The practical guidance you need.

From leases to revenue recognition to grants and contracts to auditor report changes, you’ve had a lot going on in the not-for-profit financial arena.

Whether you’re already an expert in NFP audit and accounting standards or just getting started, we’ve got the practical guidance you need.

This must-have resource for not-for-profit accounting and auditing professionals is an essential reference that will assist you with the distinctive aspects of accounting and financial statement preparation and auditing for not-for-profit entities.

Key Features and Benefits

• An intuitive format that’s based on common errors and questions
• A "before-and-after" context to enhance your understanding of various changes

The 2022 edition of the guide includes updates on the following topics:

• Auditor reporting changes
• SAS No. 142, Audit Evidence
• SAS No. 143, Auditing Accounting Estimates and Related Disclosures
• SAS No. 145, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement
• Leases
• Revenue recognition

Build a strong foundation for your nonprofit skills.

If you work for or with a nonprofit and would like to build or refresh your knowledge of NFP financial concepts, this unique CPE program gives you the thorough grounding you’re looking for.

The four included tracks cover all aspects of nonprofit financial responsibility, including accounting & financial reporting, governance & assurance, and tax compliance.

Courses included in this program

• Not-for-Profit Entity Overview
  Accounting and Financial Reporting Track
• GAAP for NFPs
• Financial Statement Presentation
• Net Assets
• Exchange and Agency Transactions
• Revenue from Contributions
• Assets
• Programmatic Investments
• Fair Value Issues Specific to NFPs
• Expenses
• Investments
• Split Interest Agreements and Endowments
• Liabilities
  Tax Compliance Track
• Tax Exempt Status
• Unrelated Business Income Tax
• Introduction to Form 990
• Private Foundations
• Federal and State Filing Requirements
  Not-for-Profit Governance and Assurance Track
• Best Practices in Board Governance
• Risk Assessment and Internal Controls
• Fraud Overview and Prevention
• Planning the Audit Engagement
• Financial Oversight, Budget and Strategy
• Auditing Considerations

Learn anytime, anywhere.

Winner of Accounting Today's Best New Products award, this program contains real-world examples, case studies, and interactive problem-solving to create a flexible, dynamic learning program that can be completed anytime, anywhere.

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.