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CPE Self-Study

Investments: Not-for-Profit Accounting & Financial Reporting

  • $29.00-$39.00
    Investments: Not-for-Profit Accounting & Financial Reporting Availability : Online Access Product #: 165130
    AICPA Member: $29.00
    Non-Member: $39.00
  • Contact Sales
    Contact a representative for group pricing. 800.634.6780 (Option 1) | Contact Us Product #: GT-NFP-AFR10

This CPE course is included in the 40-hour Not-for-Profit Certificate Program. It can also be purchased individually or as a part of the Not-for-Profit Accounting and Financial Reporting track.

Investments can be a source of significant financial support and an indicator of the overall financial health of a not-for-profit organization (NFP). In this CPE course, you will learn about the financial accounting and reporting requirements related to investments for NFPs. Topics discussed in this course include fair value measurement, investments accounted for under the equity method, alternative investments, and the reporting of investment income, gains and losses. You will also learn about financial statement presentation and note disclosures related to an NFP’s investments.

Topics Discussed:

  • Common types NFP investments
  • Recognition, measurement and valuation of investments subsequent to acquisition
  • Investments accounted for under the equity method
  • Alternative investments
  • Investment pools
  • Fair value hierarchy
  • Accounting for investment income, gains and losses
  • Financial statement presentation and required note disclosures

Learning Objectives:

When you complete this course, you will be able to:

  • Differentiate between short-term and long-term investments
  • Identify the reporting requirements related to investments and investment income
  • Recall the characteristics of investment pools

Who Will Benefit?

  • CPAs, financial professionals and NFP board members involved in financial reporting for NFPs or reviewing NFP financial statements.

Prerequisite: None

Advanced Preparation: None

System Requirements

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.