myCPE
myCPE

Accounting for Not-For-Profit Organizations 2 Credits

Accounting for Not-For-Profit Organizations 2 Credits

  • Rating

    4.2
  • Reviewed on

    February, 2024
  • Subject Area

    Accounting

Learning mode

On Demand
  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate

Learning Objective

  • To review the concepts underlying the development and use of accounting principles in Not-For-Profit Organizations’ financial statements.
  • To understand guidance on preparing financial statements by Not-For-Profit Organizations.
  • To focus on areas that are unique to accounting for Not-For-Profit Organizations.

Course Overview

What do you need to know about accounting for Not-For-Profit organizations? 

Unfortunately, sometimes, matters unique to Not-For-Profit entities are not dealt with explicitly in the primary sources of generally accepted accounting principles.

This presentation provides the guidance you need when selecting accounting policies and determining appropriate disclosures for Not-For-Profit organizations. It offers you an insight into the specific accounting issues of Not-For-Profit companies. 

Key topics covered in the CPE webinar for CPAs on Accounting:

  • Accounting treatment for inventories of a Not-For-Profit organization.
  • Accounting treatment for employee future benefits provided by a Not-For-Profit organization.
  • Presentation and disclosures for financial statements of a Not-For-Profit organization.
  • Accounting for the recognition, measurement, presentation and disclosure of contributions, and related investment income, received by a Not-For-Profit organization.
  • Accounting for the recognition and disclosure of contributions receivable a Not-For-Profit organization.
  • Accounting for tangible capital assets held by a Not-For-Profit organization.
  • Accounting for intangible assets acquired or developed by a Not-For-Profit organization.
  • Accounting for Contributed assets and write-downs of assets of a Not-For-Profit organization.
  • Disclosures for collections held by a Not-For-Profit organization.
  • Accounting for the presentation and disclosure of controlled, significantly influenced, and other related entities in the financial statements of a Not-For-Profit organization.
  • Disclosures for related party transactions in the financial statements of a Not-For-Profit organization.
  • Disclosures for a Not-For-Profit organization that classifies its expenses by function and allocates its expenses to a number of functions to which the expenses relate.

On Demand Credits for All Qualifications

Nano Credits for All Qualifications

On Demand Credits for All Qualifications

Live Webinar Credits for All Qualifications

License details Credits Status
Accounting for Certified Public Accountants (CPA-US) 2 CPE Approved
Financial Accounting for Certified Internal Auditors (CIA) 2 CPE Eligible
Financial Reporting for Certified Management Accountants (CMA) 2 CPE Eligible
Accounting for Chartered Financial Analyst (CFA) 2 PL Eligible
Accounting for Delaware Licensed Public Accountant (DE-LPA) 2 CPE Eligible
Accounting for Certified Government Financial Manager (CGFM) 2 CPE Eligible
Accounting for Internal Audit Practitioner (IAP) 2 CPE Eligible
Accounting for Certified Fraud Examiner (CFE) 2 CPE Eligible
Accounting for Qualification in Internal Audit Leadership (QIAL) 2 CPE Eligible
Accounting for Iowa Licensed Public Accountant (IA-LPA) 2 CPE Eligible
Accounting for Maine Licensed Public Accountant (ME-LPA) 2 CPE Eligible
Financial accounting for Certified Valuation Analyst (CVA) 2 CPE Eligible
Financial Reporting for Certified Financial Forensics (CFF) 2 CPD Eligible
Financial accounting for Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA) 2 CPE Eligible
Accounting for CIPM 2 PL Eligible
Financial accounting concepts for Certified FP&A Professional (FP&A) 2 CE Eligible
License details Credits Status
Accounting for Certified Public Accountants (CPA-US) 2 CPE Approved
Financial Accounting for Certified Internal Auditors (CIA) 2 CPE Eligible
Financial Reporting for Certified Management Accountants (CMA) 2 CPE Eligible
Accounting for Chartered Financial Analyst (CFA) 2 PL Eligible
Accounting for Delaware Licensed Public Accountant (DE-LPA) 2 CPE Eligible
Accounting for Certified Government Financial Manager (CGFM) 2 CPE Eligible
Accounting for Internal Audit Practitioner (IAP) 2 CPE Eligible
Accounting for Certified Fraud Examiner (CFE) 2 CPE Eligible
Accounting for Qualification in Internal Audit Leadership (QIAL) 2 CPE Eligible
Accounting for Iowa Licensed Public Accountant (IA-LPA) 2 CPE Eligible
Accounting for Maine Licensed Public Accountant (ME-LPA) 2 CPE Eligible
Financial accounting for Certified Valuation Analyst (CVA) 2 CPE Eligible
Financial Reporting for Certified Financial Forensics (CFF) 2 CPD Eligible
Financial accounting for Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA) 2 CPE Eligible
Accounting for CIPM 2 PL Eligible
Financial accounting concepts for Certified FP&A Professional (FP&A) 2 CE Eligible
License details Credits Status
Accounting for Certified Public Accountants (CPA-US) 2 CPE Approved
Financial Accounting for Certified Internal Auditors (CIA) 2 CPE Eligible
Financial Reporting for Certified Management Accountants (CMA) 2 CPE Eligible
Accounting for Chartered Financial Analyst (CFA) 2 PL Eligible
Accounting for Delaware Licensed Public Accountant (DE-LPA) 2 CPE Eligible
Accounting for Certified Government Financial Manager (CGFM) 2 CPE Eligible
Accounting for Internal Audit Practitioner (IAP) 2 CPE Eligible
Accounting for Certified Fraud Examiner (CFE) 2 CPE Eligible
Accounting for Qualification in Internal Audit Leadership (QIAL) 2 CPE Eligible
Accounting for Iowa Licensed Public Accountant (IA-LPA) 2 CPE Eligible
Accounting for Maine Licensed Public Accountant (ME-LPA) 2 CPE Eligible
Financial accounting for Certified Valuation Analyst (CVA) 2 CPE Eligible
Financial Reporting for Certified Financial Forensics (CFF) 2 CPD Eligible
Financial accounting for Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA) 2 CPE Eligible
Accounting for CIPM 2 PL Eligible
Financial accounting concepts for Certified FP&A Professional (FP&A) 2 CE Eligible

Additional Information

Credits

2

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) 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.

About Instructor

Elevate Your Career with Michel Morley's CPE Courses at myCPE
Michel Morley

Founder, Mike Morley

  • 4.3
  • rating
  • rating
  • rating
  • rating
  • rating

Mike Morley is a Certified Public Accountant and a recognized authority in the field of finance with more than 25 years experience in finance, including SOX and IFRS implementation.

An entertaining and informative speaker and trainer, Mike is the author of:

“IFRS Simplified” which provides a jump start for accountants and finance executives who want to quickly and easily get up to date on IFRS.

“Sarbanes-Oxley Simplified” which is an easy-to-read explanation of the requirements of the U.S. legislation that makes CEO's & CFO's personally responsible for the accuracy of their company's financial statements.

“Financial Statement Analysis Simplified” which translates the accounting language of financial statements into clear, easy-to-understand terms that anyone who needs to make well-informed financial decisions quickly will appreciate.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

out of 5

Excellent

Very Good

Average

Poor

Terrible

BD

Binda Darji, Others
5

The video is understanding and useful for NPO accounting clients

MSA

Md Shazeb Akhter, Masters (Accountancy)
5

My CPE platform provides the best training sessions.

Recommended Courses

Current Fraud Trends - Shifting Risks and Changing Fraud Schemes

Dec 27, 10:00 AM ET

  • CRMA
  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CGMA
  • IAP
  • QIAL
  • MAFF
  • IA LPA
  • ME LPA
  • DE LPA
  • CICA
  • CCS
Fraud Trends – Applying Real-life Lessons to Small- and Mid-Size Entities

Dec 27, 12:00 PM ET

  • CRMA
  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CGMA
  • IAP
  • QIAL
  • MAFF
  • IA LPA
  • ME LPA
  • DE LPA
  • CICA
  • CCS
Mastering Schedules: Crafting Precise Equity, Depreciation, Debt, and More

Dec 27, 12:30 PM ET

  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • CGMA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • IA LPA
  • ME LPA
  • DE LPA
Lean Accounting: A Beginner's Guide

Dec 27, 03:00 PM ET

  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • IA LPA
  • ME LPA
  • DE LPA
The Digital Asset Taxonomy: Standardizing the Language of Digital Assets

Dec 30, 09:30 AM ET

  • CPA/ABV
  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • CGMA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • IA LPA
  • ME LPA
  • DE LPA
The ESG Guide: Metrics That Make a Difference

Dec 30, 10:00 AM ET

  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • IA LPA
  • ME LPA
  • DE LPA
Inclusions
  • Multiple Credits
    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting
    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker
    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault
    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders
    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access
    Mobile App Access

    The myCPE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support
    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

Exclusive mobile
app for our unlimited
access subscribers

This course is included with,

Individual Subscription

Gain access to everything required for compliance, skill enhancement, and staying ahead of industry trends—all included in the Individual subscription. Here’s what you get:

  • 13,000+ Hours of NASBA-Approved Content
  • 500+ Emerging Subject Areas
  • 50+ State- Specific Ethics Courses
  • 100+ Conferences with Access to Industry Events
  • 250+ FastTrack Compliance Packages

    Pre-selected courses for quick compliance

  • Exclusive Mobile App Access
  • Access to Professional Communities

    Connect with like-minded professionals on Teams.

Trusted by 250,000+ Professionals

trust pilot review google review
Unlimited Access

Ready to Get Started?

Sign up today and begin your learning journey immediately!

card
stripe
$299$199 For 12 Months

Start Your Subscription

$299$199/year

Secure unlimited access

Click Here
Subscribed
Jennifer purchased a subscription.
Subscribed
Janice purchased a subscription.
Subscribed
Nicholas purchased a subscription.
Subscribed
Susan purchased a subscription.
Subscribed
Stephanie purchased a subscription.
Subscribed
Kristi purchased a subscription.
Subscribed
Tirena purchased a subscription.
Subscribed
Karli purchased a subscription.
Subscribed
TAN purchased a subscription.
Subscribed
Anita purchased a subscription.
Subscribed
Peter purchased a subscription.
Subscribed
John purchased a subscription.
Subscribed
Detra purchased a subscription.
Subscribed
Michelle purchased a subscription.
Subscribed
Amit purchased a subscription.
Subscribed
Cristilyn purchased a subscription.
Subscribed
Monica purchased a subscription.
Subscribed
Barbara purchased a subscription.
Subscribed
Chris purchased a subscription.
Subscribed
Krystal purchased a subscription.
Subscribed
George purchased a subscription.
Subscribed
Breanna purchased a subscription.
Subscribed
Clyde purchased a subscription.
Subscribed
Jennifer purchased a subscription.
Subscribed
John purchased a subscription.
Subscribed
Anthony purchased a subscription.
Subscribed
Floyd purchased a subscription.
Subscribed
Gregory purchased a subscription.
Subscribed
Sean purchased a subscription.
Subscribed
Alton purchased a subscription.
Subscribed
Joy purchased a subscription.
Subscribed
Kathryn purchased a subscription.
Subscribed
Tianshu purchased a subscription.
Subscribed
Chun Ting purchased a subscription.
Subscribed
Marc purchased a subscription.
Subscribed
Marina purchased a subscription.
Subscribed
Jennifer purchased a subscription.
Subscribed
Tonya purchased a subscription.
Subscribed
Reid purchased a subscription.
Subscribed
Matthew purchased a subscription.
Subscribed
Andrea purchased a subscription.
Subscribed
Xinchen purchased a subscription.
Subscribed
Erin purchased a subscription.
Subscribed
Debra purchased a subscription.
Subscribed
Xi purchased a subscription.
Subscribed
Carmine purchased a subscription.
Subscribed
Jeanne purchased a subscription.
Subscribed
John purchased a subscription.
Subscribed
Susan purchased a subscription.
Subscribed
Trevor purchased a subscription.
Subscribed
Marc purchased a subscription.
Subscribed
Matthew purchased a subscription.
Subscribed
Fulmer purchased a subscription.
Subscribed
Patrick purchased a subscription.
Subscribed
Kitty purchased a subscription.
Subscribed
Martin purchased a subscription.
Subscribed
Abdulelah purchased a subscription.
Subscribed
jessica purchased a subscription.
Subscribed
Stuart purchased a subscription.
Subscribed
Hyungchoul purchased a subscription.
Subscribed
Brianna purchased a subscription.
Subscribed
Eda purchased a subscription.
Subscribed
Linda purchased a subscription.
Subscribed
Monica purchased a subscription.
Subscribed
Genevieve purchased a subscription.
Subscribed
David purchased a subscription.
Subscribed
Laura purchased a subscription.
Subscribed
Denise purchased a subscription.
Subscribed
Paul purchased a subscription.
Subscribed
charles purchased a subscription.
Subscribed
Joshua Miller purchased a subscription.
Subscribed
Ann Marie purchased a subscription.
Subscribed
Paul purchased a subscription.
Subscribed
Sarah purchased a subscription.
Subscribed
Dominik purchased a subscription.
Subscribed
Suzanne purchased a subscription.
Subscribed
David purchased a subscription.
Subscribed
Anthony purchased a subscription.
Subscribed
Kenneth purchased a subscription.
Subscribed
Linas purchased a subscription.
Subscribed
Wayne purchased a subscription.
Subscribed
Thomas purchased a subscription.
Subscribed
Osman purchased a subscription.
Subscribed
Kimberly purchased a subscription.
Subscribed
Angela purchased a subscription.
Subscribed
Jessica purchased a subscription.
Subscribed
Thonda purchased a subscription.
Subscribed
Jason purchased a subscription.
Subscribed
daniel purchased a subscription.
Subscribed
Louanne purchased a subscription.
Subscribed
Joel purchased a subscription.
Subscribed
Corinne purchased a subscription.
Subscribed
Janae purchased a subscription.
Subscribed
Donna purchased a subscription.
Subscribed
Lin purchased a subscription.
Subscribed
Neil purchased a subscription.
Subscribed
Rebecca purchased a subscription.
Subscribed
Cindy purchased a subscription.
Subscribed
Gil purchased a subscription.
Subscribed
Alison purchased a subscription.