Instructor for this course
more

Nonprofits face unique accounting issues. This session introduces attendees to the financial statements and unique accounting principles applicable to not-for-profit organizations.

This session focuses on the typical transactions and account balances unique to NFPs, including, net assets, agency transactions, contributions, endowments, and programmatic investments.

Learning Objectives

  • Discover and describe the unique accounting principles and transactions applicable to NFP organizations.
  • Explore and introduce attendees to the financial statements and unique accounting principles applicable to not-for-profit organizations.
  • Identify and focus on the typical transactions and account balances unique to NFPs, including, net assets, agency transactions, contributions, endowments, and programmatic investments.
Last updated/reviewed: August 23, 2021

1 Review (2 ratings)Reviews

4
Anonymous Author
Good outline of non profit accounting regarding what constitutes a contribution, restrictions, etc.

Prerequisites

Course Complexity: Foundational

Who Should Attend: Practitioners new to nonprofit accounting.
No advanced preparation or prerequisites are required for this course.

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
INTRODUCTION AND OVERVIEW
  3:11An Overview to the Introduction to Not-for-Profit Accounting
  10:44Contributions
  11:28Contributions Cont'd
  5:12Net Assets
  16:27Pledges and Gifts
  10:22Agency Transactions
  12:30Endowments
  9:52Programmatic Investments
  10:37Functional Expense Allocation
  9:04Functional Expense Allocation Cont'd
CONTINUOUS PLAY
  1:39:27Introduction to Not-for-Profit Accounting
SUPPORTING MATERIAL
  PDFSlides: Introduction to Not-for-Profit Accounting
  PDFIntroduction to Not-for-Profit Accounting Glossary/ Index
REVIEW AND TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM