The Not-for-Profit sector is one of the fastest growing sectors in our economy. In this course, we provide an overview and brief history of the not-for-profit sector and describe how organizations and charities play a vital role in today’s economy. Participants will also learn how non-accounting and finance professionals can apply their knowledge, skills and abilities to help NFPs accomplish their missions. This course will delve into the unique aspects of fund accounting, financial reporting, governance, and tax compliance issues that apply to NFPs. Topics covered will include an overview of NFP reporting standards, compliance requirements to obtain and maintain tax-exempt status, basic financial statement presentation, and accounting terminology unique to NFPs.