Introduction to Not-for-Profit Accounting
Total Credits: 2 including 2 Auditing (Governmental) - Technical
- Average Rating:
- Not yet rated
- Categories:
- ACPEN Industry Institute | Yellow Book | Accounting and Auditing
- Faculty:
- Melisa F. Galasso
- Course Levels:
- Basic
- Duration:
- 2 Hours
- License:
- Product Setting: Expires 30 day(s) after program date.
Description
Not-for-profit organizations encounter distinct accounting complexities. This course provides an introduction to the financial statements and specialized accounting principles relevant to nonprofits. Attendees will explore key topics such as net assets, agency transactions, contributions, and endowments, focusing on the unique transactions and account balances that define not-for-profit accounting.
Basic Course Information
Learning Objectives- Recall the unique accounting principles and transactions applicable to NFP organizations
- Identify the basic financial statements of nonprofit organizations
- Recall the accounting for contributions
- Identify net asset classifications for nonprofit organizations
- Identify agency transactions
Major Subjects
- Not-for-Profit Accounting
- Accounting & Auditing
- Yellowbook
Course Materials
IMPORTANT CPE Credit Instructions Read Before Webcast Updated 2025 (434.2 KB) | Available after Purchase |
Introduction to Not-for-Profit Accounting Handout (3.1 MB) | Available after Purchase |
Faculty

Melisa F. Galasso Related Seminars and Products
Founder and CEO
Galasso Learning Solutions LLC
Melisa Galasso is the founder and CEO of Galasso Learning Solutions LLC. A CPA with nearly 20 years of experience in the accounting profession, Melisa designs and facilitates courses in advanced technical acconting and auditing topics, including not-for-profit and governmental accounting. She also supports essential professional development, audit level training, and train the trainer efforts. Melisa is a Certified Professional in Talent Development (CPTD) and has earned the Association for Talent Development Master Trainer™ designation. Her passion for instructional design and adult learning techniques is one of the differentiators that set her apart from other CPE providers. Within the industry, Melisa serves on the FASB’s Not-for-Profit Advisory Committee (NAC), AICPA Council, and the VSCPA’s Board of Directors. She previously served on the AICPA’s Technical Issues Committee (TIC) and is a past-Chair of the NCACPA’s A&A committee. Melisa also authors the AICPA’s State and Local Government Guide and serves as a SME for the Center for Plain English Accounting.
Dates
Thu, Apr 10, 2025 - 04:00pm to 05:48pm PDT
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Mon, Apr 28, 2025 - 09:00am to 10:48am PDT
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Mon, May 12, 2025 - 11:00am to 12:48pm PDT
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Sat, May 24, 2025 - 01:00pm to 02:48pm PDT
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Tue, Jun 10, 2025 - 07:00am to 08:48am PDT
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Fri, Jun 27, 2025 - 09:00am to 10:48am PDT
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Tue, Jul 08, 2025 - 11:00am to 12:48pm PDT
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Tue, Jul 29, 2025 - 01:00pm to 02:48pm PDT
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Thu, Aug 14, 2025 - 07:00am to 08:48am PDT
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Wed, Aug 27, 2025 - 09:00am to 10:48am PDT
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Thu, Sep 11, 2025 - 04:00pm to 05:48pm PDT
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Tue, Sep 23, 2025 - 01:00pm to 02:48pm PDT
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Mon, Oct 13, 2025 - 07:00am to 08:48am PDT
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Mon, Oct 27, 2025 - 09:00am to 10:48am PDT
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Wed, Nov 05, 2025 - 11:00am to 12:48pm PST
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Tue, Nov 25, 2025 - 01:00pm to 02:48pm PST
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Mon, Dec 15, 2025 - 07:00am to 08:48am PST
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Sat, Dec 20, 2025 - 09:00am to 10:48am PST
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Tue, Dec 30, 2025 - 11:00am to 12:48pm PST
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Tue, Jan 13, 2026 - 01:00pm to 02:48pm PST
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Tue, Jan 27, 2026 - 04:00pm to 05:48pm PST
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Mon, Feb 09, 2026 - 09:00am to 10:48am PST
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Thu, Feb 26, 2026 - 11:00am to 12:48pm PST
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Fri, Mar 06, 2026 - 01:00pm to 02:48pm PST
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Mon, Mar 23, 2026 - 07:00am to 08:48am PDT
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Mon, Apr 13, 2026 - 09:00am to 10:48am PDT
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Thu, Apr 23, 2026 - 11:00am to 12:48pm PDT
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Additional Info
Basic Course Information
Prerequisites NoneAdvanced Preparation None
Designed For
Accounting Professionals
Original Recording Date 03/2025
Yellow Book Yes
Course Developer Galasso Learning Solutions
Date Added to Catalog 2/2025
Additional Information
Complaint Resolution PolicyPlease contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement
Business Professionals' Network, Inc. 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
Instructional Delivery Method
Group Internet Based
Course Registration Requirements
Online Registration
Refund/Cancellation Policy
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.