This 8-session certificate program provides training in nonprofit financial accounting and management concepts and principles and the many reporting requirements for individuals who work in or with nonprofit organizations. The program covers a wide range of nonprofit accounting, financial and regulatory concepts specific to nonprofit organizations' operations.
Upon completion of this program, participants will learn:
NFP (nonprofit) formation and applying for tax exemption
Unique characteristics and terminology of nonprofit organizations
Board fiduciary responsibilities and compliance with NP revitalization act
Accounting system and control environment
How to classify and record grants and restricted contributions
How to read and understand nonprofit financial statements and form 990
Proper and effective budgeting techniques
Handling a financial, regulatory, or compliance audit
Nonprofit formation and applying for tax exemption
Nonprofit accounting systems and control environment
Nonprofit financial management and board responsibilities
Nonprofit GAAP and Key elements of nonprofit financial statements
Recently approved changes to nonprofit GAAP by FASB
Employee/Independent Contractor Classification
Annual Returns (990, CHAR500, etc.)
Financial, Government, and Regulatory Audits
Program Dates (online):
This program will not be offered in 2021.
2022 fall dates will be announced soon.
Instructor: Laurence Scot, MBA, CPA
You must have a laptop, PC, or Ipad and a stable internet connection to connect to the class.
Includes: Certificate of attendance and all class materials