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
- Speaker:
- Melisa F. Galasso
- Course Levels:
- Basic
- Duration:
- 2 Hours
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 |
Speaker

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 - 06:00pm to 07:48pm CDT
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Mon, Apr 28, 2025 - 11:00am to 12:48pm CDT
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Mon, May 12, 2025 - 01:00pm to 02:48pm CDT
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Sat, May 24, 2025 - 03:00pm to 04:48pm CDT
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Tue, Jun 10, 2025 - 09:00am to 10:48am CDT
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Fri, Jun 27, 2025 - 11:00am to 12:48pm CDT
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Tue, Jul 08, 2025 - 01:00pm to 02:48pm CDT
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Tue, Jul 29, 2025 - 03:00pm to 04:48pm CDT
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Thu, Aug 14, 2025 - 09:00am to 10:48am CDT
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Wed, Aug 27, 2025 - 11:00am to 12:48pm CDT
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Thu, Sep 11, 2025 - 06:00pm to 07:48pm CDT
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Tue, Sep 23, 2025 - 03:00pm to 04:48pm CDT
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Mon, Oct 13, 2025 - 09:00am to 10:48am CDT
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Mon, Oct 27, 2025 - 11:00am to 12:48pm CDT
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Wed, Nov 05, 2025 - 01:00pm to 02:48pm CST
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Tue, Nov 25, 2025 - 03:00pm to 04:48pm CST
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Mon, Dec 15, 2025 - 09:00am to 10:48am CST
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Sat, Dec 20, 2025 - 11:00am to 12:48pm CST
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Tue, Dec 30, 2025 - 01:00pm to 02:48pm CST
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Tue, Jan 13, 2026 - 03:00pm to 04:48pm CST
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Tue, Jan 27, 2026 - 06:00pm to 07:48pm CST
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Mon, Feb 09, 2026 - 11:00am to 12:48pm CST
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Thu, Feb 26, 2026 - 01:00pm to 02:48pm CST
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Fri, Mar 06, 2026 - 03:00pm to 04:48pm CST
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Mon, Mar 23, 2026 - 09:00am to 10:48am CDT
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Mon, Apr 13, 2026 - 11:00am to 12:48pm CDT
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Thu, Apr 23, 2026 - 01:00pm to 02:48pm CDT
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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.