Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
Organizations that operate in the not-for-profit sector are developing new operational models, increasing in complexity and are seeing an increasing need by financial statement users for transparency and comprehensive information. This course is meant to equip participants with the tools to identify and apply the accounting standards that are most commonly encountered by Not-for-Profit Organizations.
Participants will review the application of accounting standards, with an emphasis on areas where choice exists, that are found in Part III of the CPA Canada Handbook. These standards were drafted with the underlying premise that where transactions and circumstances are the same, there should be no difference in accounting from for-profit entities. As a result, participants will also review and analyze relevant sections of Part II of the CPA Canada Handbook, Accounting Standards for Private Enterprises (ASPE). Participants will learn what choices are available when setting policies, the impacts on disclosure, and participate in activities and exercises to strengthen the knowledge gains throughout this course.
Topics Include:
- Determination of an appropriate accounting framework for an entity
- Financial Statement Concepts
- Contributions – Revenue Recognition
- Contributions Receivable
- Inventories
- Employee Future Benefits
- Financial Instruments
- Long Lived Assets
- Reporting Controlled and Related Entities
- Allocated Expenses
- Ongoing projects and potential impact of changes
NOTE: No updates or changes were made to the 2026 version of this course. If you completed the course in 2025, please be advised the 2026 course material has not changed. If you have any questions, please contact pdevents@cpaontario.ca.
Other Available Sessions
- Session for September 16 available here.
Schedule
- October 26, 2026 1:00 p.m. - 5:00 p.m.
- October 27, 2026 1:00 p.m. - 5:00 p.m.
Key Takeaways
By the end of this course, participants will be able to:
- Identify and analyze accounting issues specific to NPOs.
- Identify and explain where policy choices exist and their impacts on the organization.
- Determine significant issues in which disclosure is required.
- Determine which handbook and standard is relevant in a variety of circumstances.
- Interpret facts and scenarios to determine the appropriate accounting treatment for an organization.
Who Will Benefit
Professionals at all levels involved in the preparation and review of NFPO financial statements. Those involved in larger NFPOs may prefer to attend the seminar NFPO & Registered Charities: Accounting & Taxation. Government-controlled NFPOs must follow the Public Sector Accounting Handbook, which will not be addressed in this seminar.
Prerequisite(s)
Participants should be familiar with the CPA Handbook – Accounting Part II & III.
How to Access the Course
This course is delivered as a live webinar. To receive verifiable CPD hours, you must attend the session live. We recommend joining at least 5 minutes before the scheduled start time. For the best interactive experience, please use a computer equipped with a camera and microphone.
A reminder email with the Zoom link and course details will be sent two business days before the session. If you do not receive it, please check your spam or junk folder.
The same information, including any available materials, will also be posted in advance on our Blackboard LMS.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Shari Mann, CPA, CA, an educational consultant, is the president of Strann Consulting Inc. Her consulting activities include the preparation and presentation of numerous professional development courses, mainly in financial accounting and assurance. Complementary activities include the provision of professional services to small and medium-sized accounting firms. Currently, a member of the Medium and Small Practitioners Advisory Committee (to the Accounting Standards Board), she previously served on the Private Enterprise Advisory Committee. Recently, Shari retired from the University of Waterloo’s School of Accounting and Finance, where she taught for over twenty years. Prior experience also includes over ten years in public practice, both in Canada and New Zealand. In one of her positions, Shari was responsible for staff training, standards and quality control at a national firm.