This new intermediate/advanced program allows individuals to dive head first into more complex accounting and financial reporting, tax compliance, governance and assurance matters in a variety of NFP settings.

“The AICPA is committed to supporting the Not-for-Profit community. One of the ways we do this best is by ensuring that the professionals who support this industry are not only current on laws and regulations governing NFPs, but are able to use them in complex situations,” explained Clar Rosso, vice president of member learning & competency at the AICPA.

The NFP Certificate II  offers approximately 28 hours of learning that is video-based, interactive, and available on-demand. It focuses on helping professionals apply proven best practices in specific circumstances. Enhanced with targeted case studies and detail-rich examples and interpretations, it covers an unparalleled breadth of knowledge in NFP operations.

“After completing this course of study, participants will be able to prepare a complete set of NFP financial statements, an IRS form 990 for an NFP, a risk assessment, a budget and a strategic plan, among other topics,” said Chris Cole, CPA, CFE, CFF, CGMA, senior technical manager of the AICPA’s Not-for-Profit Section.

The AICPA launched its NFP Certificate Program last April, by offering a 40-hour on-demand experience covering the essentials of not-for-profit financial responsibility for those who work for, or with, the nation’s 1.5 million not-for-profit entities.

A survey conducted for the AICPA at the time of the program’s introduction found that nearly four in five Americans favor finance training for not-for-profit staff.