Nonprofit Finance: A Practical Guide (Currently Unavailable)
Author: Sheila Shanker
| CPE Credit: |
9 hours for CPAs |
This PDF book provides a detailed overview of the major nonprofit areas for persons interested in the fiscal operations of an organization, such as financial statements, accounting, grant management, internal controls and tax issues.
This course is excluded from the following subscription programs:
Value Pass, Self-Study Package, Webinar Package, Self-Study & Webinar Package, and Firm Package.
Publication Date: August 2017
Topics Covered
- Fundamentals of Accounting
- Typical Structures of Nonprofits
- Accounting Basics
- Revenue Types and Issues
- Government Grants
- Financial Statements
- Taxation
- Internal Controls
- Special Considerations
Learning Objectives
- Recognize the different aspects of non-profit accounting
- Identify examples of typical nonprofit models of operation, taxes and financial reporting
- Recognize a 501(3)c tax exemption
- Identify a determination letter
- Recognize the chart of account of a nonprofit
- Distinguish between cash versus accrual basis of accounting
- Identify the accounting treatment in-kind contributions and museum pieces
- Identify the basic formulas behind the financial statements
- Identify the basic tax returns of nonprofits
- Identify risks and controls for cash, receivables and revenues; accounts payables and expenses.
- Define joint costs
- Recognize budgeting for a nonprofit
Level
Overview
Instructional Method
Self-Study
NASBA Field of Study
Accounting (9 hours)
Program Prerequisites
None
Advance Preparation
None
