100% Free · Self-paced · Path Rewritten Accounting Academy

Nonprofit Accounting Foundations

A focused nonprofit finance path covering financial statements, donor restrictions, grant tracking, functional expenses, budgeting, controls, financial health, board reporting, Form 990 awareness and audit readiness.

12 modulesBeginner to Intermediate

Who this program is for

Nonprofit accountants/bookkeepers, nonprofit leaders, career changers and finance staff moving into mission-driven organizations.

Prerequisites

Basic accounting knowledge is helpful but not required. Accounting Career Starter is recommended for complete beginners.

What you will learn

  • Understand nonprofit statements and net-asset reporting.
  • Track donor restrictions, releases and grants.
  • Allocate functional expenses and build nonprofit budgets.
  • Analyze financial health and communicate with boards.
  • Organize Form 990/audit support and complete a nonprofit capstone.

Course outline

The full instruction, workbooks, practice labs, and knowledge checks are available free through the Path Rewritten learning portal.

  1. Module 1: How Nonprofit Accounting Is Different
  2. Module 2: Nonprofit Financial Statements, Chart of Accounts & Net Assets
  3. Module 3: Contributions & Donor Restrictions
  4. Module 4: Releases from Restriction & Grant Tracking
  5. Module 5: Functional Expenses & Cost Allocation
  6. Module 6: Nonprofit Budgeting, Full Cost & Cash Planning
  7. Module 7: Cash, AP, AR, Payroll & Internal Controls in a Nonprofit
  8. Module 8: Grant Budgets, Budget-to-Actual & Funder Reporting
  9. Module 9: Financial Health, Ratios & Operating Reserves
  10. Module 10: Board Financial Reporting & Telling the Financial Story
  11. Module 11: Form 990, Compliance & Audit Readiness
  12. Module 12: Nonprofit Accounting Capstone
Independent self-paced learning, not an accredited degree or professional license. Some optional third-party resources may have different access terms.
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