Introduction to Not-for-Profit Accounting

Overview

Not-for-profit organizations encounter distinct accounting complexities. This course provides an introduction to the financial statements and specialized accounting principles relevant to nonprofits. Attendees will explore key topics such as net assets, agency transactions, contributions, and endowments, focusing on the unique transactions and account balances that define not-for-profit accounting.

Highlights

• Not-for-Profit Accounting
• Accounting & Auditing
• Yellowbook

Prerequisites

None

Designed For

Accounting Professionals

Objectives

• Recall the unique accounting principles and transactions applicable to NFP organizations
• Identify the basic financial statements of nonprofit organizations
• Recall the accounting for contributions
• Identify net asset classifications for nonprofit organizations
• Identify agency transactions

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by ACPEN. Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.