CPE Self-Study

Introduction to Not-for-Profit Entities: Accounting, Tax and Compliance Essentials

  • $59.00-$69.00
    Introduction to Not-for-Profit Entities: Accounting, Tax and Compliance Essentials Availability : Online Access Product #: 165110
    AICPA Member: $59.00
    Non-Member: $69.00
  • Contact Sales
    Contact a representative for group pricing. 800.634.6780 (Option 1) | Contact Us Product #: GT-NFP-OVR1

This CPE course is included in the 40-hour Not-for-Profit Certificate Program.

The Not-for-Profit sector is one of the fastest growing sectors in our economy. In this CPE course you will learn how accounting and finance professionals can apply their knowledge, skills and abilities to help NFPs accomplish their missions.

This CPE course will delve into the unique aspects of accounting, financial reporting, governance, and tax compliance issues that apply to NFPs. Topics covered will include an overview of NFP reporting standards, compliance requirements to obtain and maintain tax-exempt status, basic financial statement presentation, and accounting terminology unique to NFPs.

Topics Discussed:

  • The role of CPAs and finance professionals as trusted advisors working in and with NFP organizations
  • NFP reporting standards
  • Compliance requirements to obtain and maintain tax-exempt status
  • Basic financial statement presentation
  • Terminology unique to NFPs

Learning Objectives:
When you complete this course, you will:

  • Understand the differences between for-profit entities and NFPs
  • Recognize the various types of NFPs
  • Be familiar with NFP-specific terminology
  • Know the key financial statement presentation differences between for-profit entities and NFPs
  • Grasp the differences in the organizational structures of for-profit entities and NFPs

Who Will Benefit?

  • CPAs who are new to NFPs, entry-level staff in public accounting firms, seasoned professionals with limited exposure to NFPs, and NFP board members and staff

Prerequisite: None

Advanced Preparation: None

Not-for-Profit Section Members Receive Additional Savings! 

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.

About the Authors

Karen Craig

About the 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.