NFP Financial Reporting Track | 13 CPE | AICPA
-
Authorized AICPA & CIMA Channel Partner — Same course, same badge, 50% less
-
NASBA-Recognized CPE Credits — Accepted for CPA, CIA, CMA license renewal
-
Digital Badge + Certificate — Shareable on LinkedIn
-
Interactive Case Studies — Real-world nonprofit scenarios with instant feedback
-
Self-Paced Online Learning — 100% online, study anytime, anywhere
How to Earn Your AICPA Nonprofit Certificate
Step-by-Step Process:
- Purchase — Buy the program through Eduyush (authorized AICPA channel partner at discounted rates)
- Activate — Receive your login credentials for the AICPA learning platform within 24-48 hours of purchase
- Learn — Complete all required modules at your own pace using the online learning platform. Work through:Interactive lessons with real-world nonprofit scenarios Case studies and practical examples Self-assessment quizzes throughout each module
- Assess — Pass the online assessments at the end of each track/module
- Earn — Receive your digital certificate and shareable badge upon successful completion
- Share — Download your Credly digital badge and share on LinkedIn, resume, and professional profiles
Your CPE Credits Are Automatically Recorded:
All NASBA CPE credits are automatically tracked and recorded in the AICPA system upon course completion.
Earning the Digital Badge:
You earn a digital badge when you complete the full certificate program. Individual track purchases do not receive a digital badge unless all tracks in the certificate series are completed.
Course Format & Learning Experience
100% Online, Self-Paced Learning:
This nonprofit certificate program is delivered entirely online, allowing you to learn anywhere, anytime. There are no scheduled classes or live sessions — everything is available on-demand.
What to Expect:
- Interactive Modules: Engaging lessons that go beyond reading. You'll work through realistic nonprofit scenarios, complete interactive exercises, and apply concepts immediately.
- Real-World Case Studies: Learn using actual nonprofit examples covering Form 990 preparation, financial statement presentation, grant accounting, board governance, and more.
- Instant Feedback: Self-assessment quizzes throughout the course provide immediate feedback so you know where you stand.
- Practical Application: Type directly into sample financial statements and tax forms, simulating real workplace tasks.
- Device Flexibility: Access the course from desktop, laptop, or tablet with an internet connection.
Learning Materials:
- Online course modules with video, text, and interactive content
- Downloadable resources and job aids
- Practice exercises and quizzes
- Final assessments for CPE credit
No Prerequisites for Basic Level / Experience Required for Intermediate:
- Basic Level Courses: Open to all professionals — no prior nonprofit experience required
- Intermediate Level Courses: Requires experience working in or with the not-for-profit industry
Who Should Enroll in Nonprofit Certificates
This certificate program is designed for:
Finance & Accounting Professionals:
- CPAs and accountants transitioning into the nonprofit sector
- Nonprofit staff accountants, senior accountants, and controllers
- Finance managers overseeing nonprofit budgets and financial reporting
- Grant accountants managing restricted and unrestricted funds
- Fund accountants tracking donor-imposed restrictions
Auditors & Tax Professionals:
- External auditors specializing in nonprofit audits (including Yellow Book/GAGAS audits)
- Internal auditors within nonprofit organizations
- Tax preparers completing IRS Form 990 for exempt organizations
- Compliance officers ensuring nonprofit regulatory adherence
Nonprofit Leadership & Governance:
- Board members and board treasurers overseeing nonprofit finances
- Executive Directors and CEOs with financial oversight responsibilities
- Finance committee members reviewing budgets and financial statements
- Development directors managing donor stewardship and grant reporting
Consultants & Advisors:
- CPA firm professionals with nonprofit practice areas
- Fractional CFOs serving multiple nonprofit clients
- Financial consultants advising on nonprofit best practices
- Nonprofit startup founders establishing financial systems
Career Changers:
- Professionals from the for-profit sector moving into mission-driven work
- Recent graduates pursuing careers in nonprofit financial management
- Accountants seeking specialized credentials to differentiate themselves
CPE Credit Recognition — Which Certifications Accept AICPA Credits?
NASBA CPE credits from AICPA programs are widely recognized across multiple professional certifications:
✅ CPA (Certified Public Accountant) — US State Boards
- Accepted: Yes, for all 50 US states
- Details: AICPA is a founding member of NASBA (National Association of State Boards of Accountancy). NASBA CPE credits are accepted by all state boards for CPA license renewal. Verify your state's specific field-of-study requirements (Accounting, Auditing, Ethics, Taxes).
- Reporting: Some state boards automatically receive your CPE records; others require you to self-report.
✅ CIA (Certified Internal Auditor) — The IIA
- Accepted: Yes
- Details: The Institute of Internal Auditors (IIA) is registered with NASBA and accepts NASBA CPE credits for CIA certification maintenance.
- Requirement: CIAs must earn 40 CPE hours annually (80 hours every 2 years).
- 1 NASBA CPE credit = 1 IIA CPE credit
✅ CMA (Certified Management Accountant) — IMA
- Accepted: Yes
- Details: The Institute of Management Accountants (IMA) recognizes NASBA CPE credits for CMA continuing education requirements.
- Requirement: CMAs must complete 30 CPE hours annually, with at least 2 hours in ethics every year.
- 1 NASBA CPE credit = 1 IMA CPE credit
✅ Yellow Book Hours (Government Auditing Standards):
Many AICPA nonprofit courses qualify for Yellow Book CPE credits. Auditors conducting government or federally-funded nonprofit audits under GAGAS (Government Auditing Standards) must earn 24 Yellow Book hours every 2 years. Check individual course details to confirm Yellow Book qualification.
Always verify: While AICPA is a respected NASBA-registered sponsor, each licensing body has final authority on CPE credit acceptance. Confirm your specific requirements before purchasing.
Digital Badge & Certificate
Badge Benefits:
✓ Instant Verification — Employers and recruiters can click your badge to verify your credential directly with AICPA
✓ Shareable Everywhere — Add to LinkedIn profile, email signature, resume, personal website, or portfolio
✓ Demonstrates Expertise — Shows you've mastered nonprofit-specific financial management skills
✓ Never Expires — Your badge represents a completed achievement and remains valid indefinitely
✓ Stand Out — Only certificate completers earn the badge — it differentiates you from general accountants
Why Choose Eduyush? (Authorized AICPA Channel Partner)
Genuine AICPA Certification at Accessible Prices
Eduyush is an authorized AICPA & CIMA channel partner, which means you get the exact same course, certificate, and digital badge as purchasing directly from AICPA — but at significantly lower prices designed for the Indian, Middle East, and Southeast Asian markets.
What "Authorized Channel Partner" Means:
✓ Same Course Content — Identical curriculum, case studies, and learning materials
✓ Same Digital Badge — Verified Credly badge recognized globally
✓ Same Certificate — Official AICPA & CIMA completion certificate
✓ Same NASBA CPE Credits — Recognized by CPA boards, IIA, IMA, and other professional bodies
✓ Direct Access — You log into AICPA's official learning platform (not a third-party copy)
Why Eduyush Offers Lower Prices:
AICPA & CIMA partner with authorized resellers like Eduyush to make their globally-recognized certifications accessible to professionals in regions where US dollar pricing creates barriers. You're not getting a "discount version" — you're getting regional pricing on the full program.
Not-for-Profit Certificate II - Financial Reporting Track (AICPA & CIMA)
13 CPE Credits | Intermediate Level | Online Self-paced | Standalone or Part of Full Certificate
Master Advanced Nonprofit Financial Statement Preparation
Nonprofit financial reporting is more complex than ever. Organizations with strategic partnerships, affiliated entities, and diverse funding streams need finance professionals who can prepare consolidated financial statements, navigate ASC 958 reporting standards, and analyze financial health using nonprofit-specific metrics.
The AICPA Not-for-Profit Certificate II - Financial Reporting track is an intermediate-level, 13-CPE course that builds advanced technical skills in nonprofit financial statement preparation, consolidation, and analysis. You’ll master the four core NFP financial statements and learn to assess when consolidation is required.
✅ Earn 13 NASBA CPE credits (Accounting field of study)
✅ 13 Yellow Book hours for government auditors
✅ Available standalone or as part of full NFP Certificate II
✅ 1-year online access — study at your own pace
Should You Take This Track Standalone or the Full Certificate?
|
Choose Financial Reporting Track (Standalone)
|
Choose Full NFP Certificate II
|
|
You only need financial reporting skills
|
You want comprehensive nonprofit expertise
|
| You already completed the Tax and Governance tracks |
You want the digital badge for LinkedIn
|
|
Your focus is nonprofit auditing and financial statement prep
|
You’re advancing to controller or senior finance roles
|
|
You need 13 Yellow Book hours specifically
|
You need 25 Yellow Book hours total
|
|
Budget: Lower cost (just 13 CPE)
|
Budget: Better value per CPE credit
|
Bottom Line: If you’re laser-focused on mastering nonprofit financial statements and consolidation, the standalone track is perfect. If you want a well-rounded intermediate credential with a digital badge, go for the full certificate.
Who Should Take This Course?
Ideal for:
- Nonprofit controllers preparing consolidated financial statements for multiple affiliated entities
- Senior accountants responsible for month-end and year-end NFP financials
- External auditors conducting nonprofit audits (including Yellow Book/GAGAS audits)
- Finance managers analyzing NFP financial health and presenting to boards
- Grant accountants preparing financial reports for foundation and government funders
- Consultants and fractional CFOs serving multiple nonprofit clients
Prerequisites:
- Experience working in or with the not-for-profit industry
- Familiarity with basic nonprofit accounting concepts
- Understanding of ASC 958 fundamentals
Not sure if you’re ready? If you’re new to nonprofits, start with NFP Certificate I - Accounting & Financial Reporting (Basic level).
What You’ll Master
-
Statement of Financial Position (SFP)
- Assets, liabilities, and net assets presentation
- Donor-imposed restrictions classification
- Liquidity disclosures under ASU 2016-14
- Board-designated vs. donor-restricted net assets
-
Statement of Activities (SoA)
- Revenue recognition with and without donor restrictions
- Functional expense classification (program vs. supporting services)
- Investment returns and endowment reporting
- Gains and losses from asset sales
-
Statement of Cash Flows (SCF)
- Direct method vs. indirect method
- Reconciliation requirements
- Restricted cash handling
- Operating, investing, and financing activities for NFPs
-
Statement of Functional Expenses (SFE)
- Natural classification of expenses (salaries, rent, supplies)
- Functional classification (program services, fundraising, management & general)
- Allocation methodologies
- Joint cost allocations
Advanced Topics Covered:
- When is consolidation required? Understanding control vs. economic interest
- Assessing NFP relationships with other organizations (affiliated entities, subsidiaries, foundations)
- Variable Interest Entity (VIE) analysis
- Eliminating intercompany transactions
- Presenting supplemental financial information by entity
- When investments support mission objectives (not just return on assets)
- Proper classification in the Statement of Financial Position
- Disclosure requirements
- Ratio analysis specific to nonprofits (liquidity ratios, days cash on hand, program expense ratio, fundraising efficiency)
- Trend analysis for multi-year financial health assessment
- Benchmarking against sector standards
- Red flags for financial distress
- Single-year vs. comparative financial statements
- Columnar presentation for complex entities
- Note disclosures vs. face of financial statements
- Improper net asset classification
- Misapplication of donor restrictions
- Incorrect functional expense allocation
- Consolidation mistakes
- How to catch and correct these errors before audit
Program Features
Format:
- 100% online, self-paced learning
- 1-year access to all course materials
- No scheduled classes — complete on your timeline
Interactive Learning:
- Type directly into sample nonprofit financial statements
- Real-world case studies from diverse NFP subsectors (healthcare, education, social services, arts & culture)
- Practice exercises with instant feedback
- Flow charts to determine when consolidation is required
CPE Credits:
- Total: 13 NASBA CPE credits
- Field of Study: Accounting
- Yellow Book Hours: 13 hours qualify for Government Auditing Standards (GAGAS)
- Level: Intermediate
Certificate (Not Badge):
- Certificate of completion for this track only
- Note: Digital badge requires completion of all 3 NFP II tracks
Career Impact — Advanced Financial Reporting Skills
- Determine when consolidation is required
- Prepare consolidated financial statements in accordance with GAAP
- Present complex financial information clearly to boards and donors
- Analyze financial health using nonprofit-specific ratios
These skills are essential for controller and senior accounting roles, where average salaries range from $75,000-$95,000+ annually.
Roles this track prepares you for:
- Nonprofit Controller / Assistant Controller
- Senior Accountant — Nonprofit Financial Reporting
- Nonprofit Audit Senior (external audit firms)
- Finance Manager — Financial Reporting
- Grant Financial Officer
- Compliance Manager — Financial Reporting
Yellow Book (GAGAS) Qualification
- Nonprofit audits under Government Auditing Standards
- Audits of organizations receiving federal funding
- Single Audits (OMB Uniform Guidance compliance)
- State and local government audits
Yellow Book auditors must earn 24 hours in specialized subjects every 2 years—this course covers over half of that requirement.
What You’ll Get
- 13 verified NASBA CPE credits (Accounting field of study)
- 13 Yellow Book (GAAS) hours
- Certificate of completion for Financial Reporting track
- 1-year online access to course materials
- Interactive case studies and practice exercises
- Flowcharts and job aids for consolidation decisions
Why Choose Eduyush?
- The identical AICPA course content and certificate
- Significantly lower pricing for India, UAE, and Southeast Asia markets (save 50%)
- Local payment options (UPI, net banking, cards)
- Dedicated support across Indian time zones
- Fast course activation (typically 24-48 hours)
You receive the exact same course and certificate as purchasing from AICPA directly—just at regional pricing.
Upgrade to Full NFP Certificate II for Digital Badge
Want the complete credential with a shareable digital badge?
Full Not-for-Profit Certificate II includes:
- Financial Reporting (13 CPE) — You’re here
- Tax Compliance (8.5 CPE) — Master Form 990 and UBIT
- Governance & Assurance (12.5 CPE) — Strategic planning, budgeting, internal controls
Total: 34 CPE credits + 25 Yellow Book hours + Digital Badge
Strengthen Your Nonprofit Financial Reporting Expertise
📈 Analyze nonprofit financial health using advanced ratios
✅ Earn 13 NASBA CPE credits + 13 Yellow Book hours
🎯 Prepare for controller and senior financial reporting roles