Checkpoint Learning

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Companion to PPC's Guide to Nonprofit GAAP - Course 1 - Selected Topics Specific to Nonprofit Organizations (NPGTG171)  

CATEGORY: Accounting & Auditing
Print-Based with OG
6 CPE Credits
Level: Basic

This interactive self-study course takes a look at generally accepted principles (GAAP) for topics related specifically to nonprofit organizations. Lesson 1 discusses the use of fund accounting to track compliance with fiduciary responsibilities to use assets in accordance with donor-imposed restrictions, legal and contractual limitations, and internal designations. Lesson 2 takes a look at how debt securities and equity securities with determinable fair values should be measured. Lesson 3 covers how the equity method is used to account for investments in common and in-substance stock. Lesson 4 provides guidance on accounting for other investments and investments in insurance contracts. Lesson 5 discusses how nonprofit organizations can hold ownership interests in for-profit entities or be related to other nonprofit entities. Lastly, lesson 6 covers how split-interest agreement contributions are shared by nonprofit organizations and other beneficiaries.

Course Expiration Date: December 31, 2018

Please note, the grading fee for answer sheets submitted by regular mail is $99.

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