Skip to content

Upcoming Events

Certified Nonprofit Accounting Professional (CNAP) Course

May 3, 2023 @ 10:00 am - 3:00 pm CDT

$699

 

This session is at capacity.

Please see our calendar for future CNAP course sessions.

May 3, 10, 17, 24, 2023

10:00 AM – 3:00 PM Central Time (8:00 AM PT, 11:00 AM ET)Preview Changes (opens in a new tab)

The Certified Nonprofit Accounting Professional (CNAP) program is designed to recognize excellence in the not-for-profit industry through comprehensive qualification, training, and examination. The program is beneficial for bookkeepers, staff accountants, and any professional charged with the financial management of a non-profit organization. Through a minimal time commitment, participants receive intensive training from individuals dedicated to serving non-profit organizations.

Course Objectives

Financial Reporting

You will be able to:

  • Identify the IRS nonprofit requirements and core elements of the IRS Form 990
  • List the key GAAP and auditing principles applicable in the nonprofit financial reporting environment
  • Define the form and purpose of each type of financial statement and analyze how they correlate to each other
  • Identify critical fund accounting software functionality and its relationship to financial reporting

Internal Controls

You will be able to:

  •  Define the core concepts in internal controls and identify who requires them 

Budget Development

You will be able to:

  •  Name the 5 key elements for successful budget development and implementation
  • Distinguish the purpose of different types of budgets and the situations in which they would be used
  • Classify the differences between variable costs, semi-variable costs, and fixed costs
  • Calculate personnel costs and fringe benefit rates

Governance

You will be able to:

  •  Name the top 10 basic responsibilities of nonprofit boards

Is the Course Right for Me?

If you are responsible for the day-to-day functioning of a nonprofit fiscal office, or if you supervise the fiscal office, this course is for you.

If you are new to the nonprofit world, CNAP is an excellent course for finance professionals transitioning from the for-profit sector into nonprofit finance.

Learning Objectives

  1. Examine the role of budgets and cost allocations in financial assessment
  2. Analyze financial reporting for external users compared to internal users

What are the Prerequisites?

To receive CNAP certification participants must have a minimum of 18 months of experience in a financial position within a not-for-profit organization, confirmed by a letter signed by their employer. Participants do not need to be employed within the finance department per se but must submit verification from their employer that they serve in a financial position, and have done so for at least 18 months.

If a participant does not meet this requirement he/she may still complete the course but will not be eligible for certification until the 18-month experience criteria is met.

Fee

  • $699 per person
  • Registration is limited to 20 participants.

 

Other Information

National registry of CPE Sponsors logo

Wegner CPAs 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: www.NASBARegistry.org.