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JN Productions CPE Courses - PO Box 293024 - Lewisville, TX  75029  
Phone (800)479-5636     Fax  (443)222-0698

JN Productions 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:
Non-Profit Operations & Accounting: An Overview
Course #S010 (12 Hrs. CPE)

About the Author
About the author:  Sheila G. Shanker is a CPA and MBA based in Culver City, sunny California. She has many years of experience in the non-profit sector, including consulting. Her articles have been published by many national magazines, such as “Journal of Accountancy,” “Veterinary Economics,”  and “Architecture Business and Economics” . You can visit her website for more information on her background and contact information.

Other Non-Profit Courses

Other Accounting & Auditing Courses
Delivery Method: Self-Study online. Make  your purchase through our secure shopping cart. Once your purchase is completed, you will receive an e-mail with course access instructions.
Format: Online PDF (167 pages), online exam with instant grading.  (Printed book available for addl. $25.00 plus s/h.)
Level: Overview
Prerequisites: Basic accounting
Advance Preparation: None
CPE Credit: 12 Hrs.
Field of Study: Accounting
Online Price: $115
Price with printed book: $135 plus s/h
Course expiration:  You have one year from date of purchase to complete the course.
Course Author: Sheila G. Shanker, CPA
Course Review/Revision Date: November 2014

Course Description:
The course is easy to use and should assist the user in gaining a basic understanding of non-profit organizations operations and accounting. This is not a course about basic accounting principles or concepts.

This course is intended for:
1. CPAs, accountants and other professionals who want to obtain a general idea of the non-profit sector.
2. Students and others with a basic understanding of business and accounting who want to learn more about the subject.
3. Businesses, non-profits, and educational organizations conducting training programs.
The course is easy to use and should assist the user in gaining a basic understanding of non-profit organizations operations and accounting. This is not a course about basic accounting principles or concepts.

Major Topics:
What is a Non-Profit Organization?
Basics of Accounting for Non-Profits
Government Grants
Non-Profit Financial Statements
Taxation of Non-Profit Organizations
Internal Controls for Non-Profits
Special Non-Profit Considerations

Learning Objectives:

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

Explain and evaluate cash versus accrual basis of accounting

Define fund/net asset and list the main fund/net asset types

Classify transactions among the basic funds/net assets

Identify “Release of net assets” accounts and explain usage

List the types of revenues and 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

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

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

Explain basic tax returns of nonprofits

Explain basic sales and payroll tax issues of nonprofits

Explain basic internal control topics

List basic controls for cash and other  processes

Explain the basics of new audit standards

Explain the importance of budgeting for a nonprofit

Explain the basics of pension plans for nonprofits
Course #S010 ONLINE
Course #S010b Including Printed Book
No extra charge for online exam
Course #S010 Printed Book ONLY

Order the book only:
-If you do not need CPE credit but are looking for excellent reference material.
-If you have already ordered the online course or the Mega CPE Special and now want to order the printed book. (No CPE credit is available if you have not ordered the complete course).
This course is included in our Mega CPE Special