April 2, 2015
By Kristen Lewis
Nonprofits looking for information and resources should be aware of the AICPA’s launched Not-for-Profit Section. The Not-for-Profit Section is a centralized resource developed to support not-for-profits and the accounting professionals who serve them. The Section produces and delivers information on timely issues and breaking news, tools and resources that facilitate timely compliance with standards and regulations, promotes the excellence of members as leaders in the NFP sector, and serves as a hub for peer-to-peer learning and information sharing.
The resource has specifically been created for executives, managers, and board members of nonprofit organizations as well as CPAs. In fact, all AICPA members, including CPA Exam Candidates, Associate and Non-CPA Associates are eligible to join the Section and access its comprehensive resources. Those who are not yet AICPA members but have management or governance responsibilities with a nonprofit can now join the AICPA as a non-CPA associate and then join the Section. The Section’s content platform also provides live and on-demand CPE courses on topics such as nonprofit accounting, auditing, board governance, and tax compliance.
In addition, the AICPA has launched a Not-for-Profit Certificate Program in response to nonprofit sector growth and member demand. The Certificate program is unique in the marketplace, providing 40 hours of foundational-level online training that qualifies for CPE and is available on-demand. Designed for CPAs, financial professionals and not-for-profit board members and staff who are new to the not-for-profit industry or would like to improve their foundational knowledge of NFPs, the training is available in individual courses, content tracks or as a full certificate progam.
On the site you can watch a brief video about the sector, featuring commentary from EisnerAmper Partner Julie Floch
For more information on both of these programs, please visit aicpa.org.