CPE Self-Study
Not-for-Profit Certificate I
Accounting, Auditing, Business Management & Organization, Taxes
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
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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?

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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:

The Tax Cuts and Jobs Act

The Tax Cuts and Jobs Act (TCJA, H.R. 1) signed into law on December 22, 2017 took effect for the 2018 tax year and included some changes for NFPs. The tax courses included in the Not-for-Profit Certificates will be fully updated for the amendments of the TCJA at a future date. In the meantime, to assist you in understanding the requirements of the TCJA, we’ve added the following:

  • Supplementary information regarding the TCJA changes, which you can access via the course resources link within each tax course.
  • A recorded webcast presentation discussing the TCJA changes and how they affect NFPs. This additional course is not eligible for CPE credit, and you do not have to complete it to complete the certificate program.

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
Ratings and reviews

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.

NFP Section
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Add to cart
CPE credits
: 40.0
CAE credits
Online: 40.0
NASBA Field of Study
Accounting, Auditing, Business Management & Organization, Taxes
Knowledge of the not-for-profit industry
Yellow Book Hours
Online - 31
Delivery Method
QAS Self-Study
Course acronym
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