CNAP 2.0: Advanced Topics in Nonprofit Fiscal Management
In this intensive follow-on, available only to graduates of the original CNAP program, students take a deep dive into activating the lessons of CNAP across their organizations, moving from fiscal confidence and skills to fiscal leadership and organizational transformation.
Key topics include:
- Understanding Nonprofit Financial Reporting and Disclosure
- Revenue Recognition of Grants and Contracts
- Building Interdepartmental Communication around Finance
- Financial Governance and Policies
- Regulatory Compliance
Prerequisites: Participants must have taken and passed the CNAP Essentials Certified Nonprofit Accounting Professionals Course exam to qualify.
Advance Preparation: None.
IN-PERSON COURSE FEE: $795
The course fee includes 5 online sessions (5 weekly two-hour sessions), all course materials, certification exam and certification fee.
CPE CREDIT: For professionals completing CNAP online, FMA is authorized to offer 10 CPE (Continuing Professional Education) credits through the National Association of State Boards of Accountancy. Attendees must attend all sessions to receive the credit.
National Registry of CPE Sponsors
NY State Sponsor ID#002514 National Registry of CPE Sponsors ID#109349
Fiscal Management Associates, LLC 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.
Event Cancellation Policy
Event Cancellation by FMA
FMA reserves the right to cancel an event due to low enrollment or other circumstances which would make the event non-viable. If FMA cancels an event, registrants will have the option to either receive a full refund or transfer registration to a different date. .
Event Cancellation by Participant
FMA will offer registrants a full refund less a 3% processing fee for requests made in writing no later than three days before the event. Requests made later than three days prior to the training will receive a refund of 50%. Registrants can also request to transfer to another class at no extra cost.
CNAP, Certified Nonprofit Accounting Professional, is a copyright-protected national program developed by members of the Nonprofit CPAs Alliance, a division of The Rainmaker Alliance.
Here is the course outline:
In this course, participants will build upon their knowledge from the CNAP Essentials course and take a deeper dive into fiscal planning, management, and strategy.
In depth discussion of FASB nonprofit financial reporting & disclosure.
Understand accounting and disclosure for revenue recognition of contracts and grants and split interest agreements. Also review regulatory compliance for charitable solicitation registration, uniform guidance, and non 501(c)3 entities.
Delve deeper in IRS regulations including form 990 schedules and form 1023 and 1024 applications.
Examine best practices for financial governance & policies around fiscal sponsorship, gift agreements, cross team communication, board presentations, and cybersecurity. Also review the business model for social enterprises.
Wrap up and review
Take a brief survey and pass the final exam to receive your CPE credits and Certificate for this course.
The following certificates are required in order to enroll in this course:
|CNAP Essentials Exam Pass Documentation (CPE credits)|
The following certificates are awarded when the course is completed:
|CNAP Advanced Certificate of Completion|
|CNAP Advanced - Certificate of CPE Credits|