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CPE Self-Study
Not-for-Profit Certificate I
NASBA FIELD OF STUDY
Accounting, Auditing, Business Management & Organization, Taxes
LEVEL
Basic
CPE CREDITS
Online: 40.0
Set yourself apart with this comprehensive program that covers the essentials of not-for-profit financial management, including accounting and financial reporting, tax compliance, governance and assurance. This 40-hour CPE program offers an affordable, convenient, dynamic learning experience.

Not-for-Profit Section Members Save an Additional 20%

When you log into this website with your AICPA member user account, the section/credential discount will be automatically applied during checkout. Should you have any questions or encounter any issues, please contact the AICPA Service Center at 888-777-7077 or service@aicpa.org.

Find out more information on the NFP Section.

Group Sales Discounts

For group sales information and discounts please complete this form or call 800.634.6780 (option 1)

CPE On-Demand
AICPA’s online CPE courses will operate in a variety of configurations, but only the configuration described below is supported by our technicians.

A stable and continuous internet connection is required
In order to record your completion of the online learning courses, please ensure you are connected to the internet at all times while taking the course. It is your responsibility to validate that CPE certificate(s) are available within your My Account after successfully completing the course and/or exam. Please contact us at 1.888.777.7077 or service@aicpa.org with any questions or concerns related to your CPE certificate(s).

Supported Operating Systems:

  • Macintosh OS X 10.10 to present
  • Windows 7 to present

Supported Browsers:

  • Apple Safari
  • Google Chrome
  • Microsoft Internet Explorer
  • Mozilla Firefox

Required Browser Plug-ins:

Note: Your course will be accessible immediately after completing your purchase. Access instructions will be shown on the Order Confirmation Screen and included in your Order Confirmation Email, or click My Account at the top of the page, select My Purchases and then My Online Learning tab.

Technical Support: Please contact service@aicpa.org or use the Contact Us Form.

Product details

Boost your knowledge

Who Will Benefit?

  • Nonprofit staff or board members who want to better understand nonprofit financial issues

Key Topics

  • Introduction to accounting topics that apply to Not-for-Profit Entities
  • Accounting and financial reporting issues
  • Tax compliance considerations
  • Best practices in governance and assurance

Learning Objectives

  • Identify the proper accounting treatment for typical transactions of not-for-profit entities, including the significant changes related to revenue recognition.
  • Recognize the financial statement presentation and disclosure requirements that apply to not-for-profit entities, including those added or amended under ASU 2016-14.
  • Identify basic state and federal filing requirements of an exempt organization, recognize the core components of the annual information return Form 990, and identify when an NFP may be subject to unrelated business income tax.
  • Recognize best practices in NFP board governance, risk assessment and internal controls.
  • Identify steps involved in planning a successful audit engagement and identify key auditing considerations and client communications.

Which Certificate is Right for You?

Take the Quiz

Whether you're a not-for-profit (NFP) professional or work with NFP clients, you can set yourself apart with the AICPA Not-for-Profit Certificate I.

And note that, 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).

The Not-for-Profit Certificate Program I, Winner of Accounting Today's Best New Products 2016, will help you build a strong foundation for NFP skills across these key tracks:

Essential information for anyone with a non-profit role

You'll get a comprehensive overview of a non-profit's unique financial needs and is perfect for:

  • CPA firms looking for foundational training for or NFP clients
  • Nonprofits seeking to deepen staff knowledge
  • Those seeking a certificate as proof of proficiency with NFP clients
  • Professionals who want to expand skill sets and build their resume

Learn anytime, anywhere.

This award-winning, self-paced e-learning course (40-hour CPE/31.5-hour CAE credits) is available on-demand to suit your schedule—and all learning styles and levels, through:

  • Audio and video
  • Interactive skills practice and gamification
  • Case studies and real-world scenarios
  • Hands-on exercises

Earn credentials—and spotlight your accomplishment

With this Certificate program, you'll get both CPE and CAE credits. You'll also earn a digital badge, that lets you show your achievement anywhere on the web — a personal blog, a social network like LinkedIn, biographical page on your company's website or online resume. Your Certificate and digital badge information will be sent to you once you've completed the program.



Courses included in this program:

Description SKU  
Not-for-Profit Entity Overview 165110  
GAAP for NFPs 165121 Accounting and Financial Reporting Track
Financial Statement Presentation 165122
Net Assets 188021
Exchange and Agency Transactions 165124
Revenue from Contributions 165125
Assets 165126
Programmatic Investments 165127
Fair Value Issues Specific to NFPs 165128
Expenses 165129
Investments 165130
Split Interest Agreements and Endowments 165131
Liabilities 165132
Tax Exempt Status 165141 Tax Compliance Track
Unrelated Business Income Tax 165142
Introduction to Form 990 165143
Private Foundations 165144
Federal and State Filing Requirements 165145
Best Practices in Board Governance 165151 Not-for-Profit Governance and Assurance Track
Risk Assessment and Internal Controls 165152
Fraud Overview and Prevention 165153
Planning the Audit Engagement 165154
Financial Oversight, Budget and Strategy 165155
Auditing Considerations 165156
FAQs

Do I have to be a CPA to get the certificate?

You do not have to be a CPA to obtain the certificate. The certificate is designed to benefit CPAs and non-CPA alike, including anyone who works for, or with, a nonprofit. Those who obtain the certificate will receive the recommended CPE / CAE credits.

What level of knowledge should I possess prior to starting the NFP Certificate program?

While the program is designed to provide a foundational level of learning, individuals will benefit from having a basic understanding and awareness of financial reporting, auditing, governance and tax terminology and practices.

How is the course material presented?

Designed to be highly interactive, this program offers multiple opportunities for learning, including case study analysis and several gaming scenarios. Participants will be offered the opportunity to apply their new NFP knowledge in a simulated real-world environment. Tests are presented after each course to allow you to apply what you just learned. There are no additional tests at the end of tracks or when you’ve completed the certificate.

How long will it take me to complete?

This varies from individual to individual and is completely dependent upon the time the participant allocates to completing the coursework. A commitment of approximately 40 hours will be required for most individuals to successfully complete the program.

What period of time do I have to complete the program?

You have twenty-four (24) months from the date of purchase to complete all the courses. You are encouraged to complete the program within a twelve (12) month period or less.

Can I complete the program in any order?

Yes, there are no limitations on the order in which you take the courses.

When will I receive a hard copy of my certificate?

You will receive your certificate in the mail 6-8 weeks after completing the program.

Once I complete the program and obtain my Certificate, how long is it valid?

The NFP Certificate is not a professional credential or license, it is evidence that the program was successfully completed as of a certain year, therefore it does not expire. However, we anticipate that some individual courses may be updated every 1-3 years to reflect changes in the industry. For your certificate to remain current, you will need to successfully complete those updated courses. However, updates are likely to be at a fraction of the cost of the original certificate. Plus, you have access to the program for 24 months from purchase, if the courses are updated during that period, you will have access to the updated courses at no additional cost. Completion of these updated courses will earn a new Certificate, with the current year’s date.

Is there any cost savings in purchasing the entire certificate over buying tracks individually?

Yes, the more courses you buy, the less you pay per course. For instance, a member who buys the certificate will save approximately $150 over someone who buys the tracks individually, and approximately $400 over someone who buys all the courses individually.

If I were to purchase one course or track, and then decided to purchase the entire certificate, will I still get the full bundled price savings?

Yes, as long as you haven’t already paid more than the full certificate price. The price you paid for the courses or tracks you have already taken will be deducted from the total certificate price.

If I am unable to complete the entire NFP Certificate Program, will I receive CPE credit for the courses I do complete?

You are not required to complete the entire program to earn CPE credit. The courses are offered individually, so you will earn CPE credit for each course you take and successfully complete the exam. However, you must successfully complete the exam for all courses in the entire program in order to receive the NFP Certificate.

Am I required to obtain a certain number of CPE credits annually for the Certificate to remain current and active?

There are no specific annual requirements for maintaining your Certificate. However, we anticipate that some individual courses may be updated every 1-3 years to reflect changes in the industry. For your certificate to remain current, you will need to successfully complete those updated courses. However, updates are likely to be at a fraction of the cost of the original certificate. Plus, you have access to the program for 24 months from purchase, if the courses are updated during the access period, you will have access to the updated courses at no additional cost.

I have prior experience working with NFPs. Will I be allowed to test out of certain courses while still earning the certificate?

Actual completion of the courses is required to earn the NFP Certificate. CPE credit is being awarded for the courses, and the CPE standards do not allow for “testing out of” a course as a way to earn credit.

Group Training

If you have multiple staff members who would like to enroll, discounts are available for 3 or more people. For more information, complete the online form and select that you are interested in training for "My Organization", or call 800.634.6780, option 1 to speak with a training representative.

Publisher

American Institute of CPAs

The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.

The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialized credentials for qualified professionals who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. With The Chartered Institute of Management Accountants (CIMA), it offers the Chartered Global Management Accountant (CGMA) designation, which sets the global benchmark for quality and recognition in management accounting.

The AICPA and CIMA also make up the Association of International Certified Professional Accountants (the Association), which represents public and management accounting globally, advocating on behalf the public interest and advancing the quality, competency and employability of CPAs, CGMAs and other accounting and finance professionals worldwide.

The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.

Price:
$999.00
Member Quantity:
Nonmember Quantity:
Quantity:
Estimated total:
$999.00
Add to cart
CREDIT INFO
CPE credits
Online
: 40.0
CAE credits
Online: 40.0
NASBA Field of Study
Accounting, Auditing, Business Management & Organization, Taxes
Level
Basic
Prerequisites
Knowledge of the not-for-profit industry
ADVANCE PREPARATION
None
Yellow Book Hours
Online - 31
Delivery Method
QAS Self-Study
Course acronym
NFP-CERT
Group Pricing
Product number: GT-NFP-CERT
Contact a representative for group pricing. 800.634.6780 (Option 1) | Contact Us
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