Accounting

CPE247.com Registry # 115738 is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.  Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.



 Title  Credit  Format  Price  View
+    Nonprofits Operations and Accounting - An Overview 12 Online $129.00 View

Additional Contents : Complete, no additional material needed
Advance Preparation : None
Intended Participants :
Any CPA looking to maintain or enhance their professional competence

Course Declaration : Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
Click here to view cancelation and record retention policies

“Nonprofits Operations and Accounting - An Overview” is intended for:

  • CPAs, accountants, and other professionals who want to obtain a general idea of the nonprofit sector.
  • Students and others with a basic knowledge of business and accounting who want to learn more about the subject.
  • Businesses, nonprofits, and educational organizations conducting training programs.

 The course is easy to follow and should assist the reader in gaining a basic knowledge of nonprofit organizations’ operations and accounting.  This is NOT a course about basic accounting principles or concepts.

Chapter 1
WHAT IS A NONPROFIT ORGANIZATION?

After reading this chapter, you should be able to:

• Explain what a nonprofit organization is
• Outline the steps for nonprofit status
• List the three main operational areas of a nonprofit organization
• Categorize nonprofit processes by areas

Chapter 2
ACCOUNTING FOR NONPROFIT-BASICS

After reading this chapter, you should be able to:

• Explain and evaluate cash versus accrual basis of accounting
• Define fund/net asset
• List the main fund/net assets types
• Classify transactions among the basic funds/net assets
• Identify “Release of net assets” accounts and explain usage

Chapter 3
REVENUE

After reading this chapter, you should be able to:

• List the types of revenues
• Explain the requirements for revenue to be classified as unrestricted, temporarily restricted, or permanently restricted
• Explain how to account for pledges
• Identify fundraising activities and explain how to book it
• Identify and book in-kind contributions and museum pieces

Chapter 4
GOVERNMENT GRANTS

After reading this chapter, you should be able to:

• List the main circulars governing grants with basic information about each
• Explain essential grant management topics
• Identify direct and indirect costs
• Explain the basics of a cost allocation plan

Chapter 5
NONPROFIT FINANCIAL STATEMENTS

After reading this chapter, you should be able to:

• List the main financial statements of a nonprofit
• Identify the function of each financial statement
• Identify the basic formula behind each statement
• List basic accounts presented in each financial statement

Chapter 6
TAXATION OF NONPROFIT ORGANIZATIONS

After reading this chapter, you should be able to:

• Explain basic tax returns of nonprofits
• Explain basic sales and payroll tax issues of nonprofits

Chapter 7
INTERNAL CONTROLS FOR NONPROFITS

After reading this chapter, you should be able to:

• Explain basic internal control topics

+    Not-For-Profit Accounting: Reporting And Analysis 5 Online $34.99 View

Business organizations obtain resources by providing goods and services. Many not-for-profit organizations (NFPOs) obtain resources from contributors and are accountable to the providers of those resources or to their representatives. In general, GAAP requires not-for-profit organizations to issue a statement of financial position, a statement of activities, and a statement of cash flows. The focus is on the organization as a whole and on reporting assets, liabilities, and net assets; changes in net assets; flows of economic resources; cash flows, borrowing and repayment of borrowing, and other factors affecting liquidity; and service efforts. This course addresses the accounting and financial reporting for NFPOs (or NPOs) ---colleges and universities, healthcare providers, voluntary health and welfare organizations (VHWOs), and other not-for-profit entities such as religious, educational, social, recreational entities. Also addressed is financial analysis and ratios that can be useful to analyze financial fitness of NFPOs.

 

Click here for Course Objectives