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CPE Self-Study

Not-for-Profit Governance and Assurance

  • $279.00-$329.00
    Not-for-Profit Governance and Assurance Availability : Online Access Product #: 165150
    AICPA Member: $279.00
    Non-Member: $329.00
  • Contact Sales
    Contact a representative for group pricing. 800.634.6780 (Option 1) | Contact Us Product #: GT-NFP-GRA

This series of CPE courses is a part of the 40-hour Not-for-Profit Certificate Program. This track can be purchased individually, or as a part of the full Certificate Program.

The six courses in this track will provide a foundation in board governance, auditing and financial oversight of not-for-profit entities (NFPs) with a focus on governance practices, risk management, internal control, audit planning and preparation. Topics include auditor communications to those charged with governance, risk assessment and fraud prevention for NFPs. Also discussed is the board’s role in oversight, budget and strategy.

This interactive 12-hour CPE program contains real-world examples, case studies, animations and videos to create a flexible, dynamic learning experience that you can complete anytime, anywhere.

Learning Objectives

  • Recall the roles and responsibilities that are typically assumed by an NFP’s governing body and management
  • Identify common risks faced by NFPs and apply the Enterprise Risk Management (ERM) framework to identify and manage those risks
  • Recall how to apply concepts of internal controls within the NFP reporting environment and governance structure
  • Recognize techniques used to interpret an NFP’s financial statements, prepare a budget and measure performance
  • Identify the key steps to planning an audit and recall some of the basic documentation and procedures performed by an NFP’s independent auditors
  • Recognize and effectively respond to common fraud risks in NFPs

Courses Included

Who Will Benefit?

CPA and non-CPA staff at small to mid-sized firms who perform not-for-profit financial reporting engagements, including partners and managers at these firms who wish to enter the NFP industry and need a basic understanding of the sector.

Board members and fin ancial or non-financial staff members at not-for-profit organizations who are new to NFPs or who wish to expand on their understanding of the fundamental financial management issues that are unique to NFPs. A basic understanding of accounting is recommended.

Prerequisite: None

Advanced Preparation: None

Discounts

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.

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.