Bookkeeping for Nonprofits Certification

Bookkeeping for Nonprofits Certification

Nonprofit bookkeeping fundamentally differs from business bookkeeping. Delve into fund accounting. Learn how to record transactions with a focus on how money filters in to a nonprofit organization and how you track the spending of those funds. Become proficient in how to prepare financial statements for nonprofits as well as a cash flow statement. Nonprofits make up America’s third largest workforce. It’s important to understand how to handle bookkeeping procedures for this unique type of organization.

UCLP 201 Introduction to Nonprofits

Understand how accounting principles apply to nonprofit organizations. Know the various kinds of nonprofits and how they differ financially. Find out about legal compliance for nonprofits.

UCLP 202 Accounting for Nonprofits

What fund accounting is and how to build a chart of accounts for nonprofits. Work with the accounting equation for nonprofits, how to record transactions and how to track allocated funds.

UCLP 203 Financial Statements

The three financial statements specific to nonprofits: Statement of Activities, Statement of Financial Position, and Statement of Functional Expenses. Know how to prepare a Cash Flow Statement.