ACC103 – Fundamentals of Nonprofit Accounting: Accounting Fundamentals

Course Level: Basic
Recommended Prerequisites: None
Instructional Method: Recorded Session
Recommended CPE Credits: Not Eligible for CPE
Access Period: 60 days from Purchase
Estimated Time to Complete: Five Minutes

The three-part Fundamentals of Nonprofit Accounting series provides accountants and other professionals with an overview of nonprofit accounting terminology and reports. This third installment reviews the basic concepts of accrual vs. cash basis accounting, the general ledger, debits and credits, and the five accounting elements.

The content in this video does not constitute accounting advice. If you have questions regarding generally accepted accounting principles, processes, or procedures we recommend that you contact a Certified Public Accountant.

By the end of the session, you will have a basic understanding of:

The Cash Basis vs. Accrual Basis of accounting.
The General Ledger.
The rules of debits and credits.
The five accounting elements.
Common accounting abbreviations.

ACC102 – Fundamentals of Nonprofit Accounting: Core Not-for-Profit Financial Statements

The three-part Fundamentals of Nonprofit Accounting series provides accountants and other professionals with an overview of nonprofit accounting terminology and reports. This second installment reviews the basic set of financial statements produced by most organizations with explanations and examples of each core Not-For-Profit financial statement.

By the end of the session, you will be familiar with:

FASB 117.
The reports FASB 117 requires Nonprofits prepare for the public.
What each report does and from where the information is gathered, including explanations and examples of each.
How these four reports tie (or agree) to each other.

ACC101 – Fundamentals of Nonprofit Accounting: Nonprofit vs. Not-for-Profit

The three-part Fundamentals of Nonprofit Accounting series provides accountants and other professionals with an overview of nonprofit accounting terminology and reports. This first installment discusses common terminology related to nonprofit organizations.

By the end of the session, you will be familiar with:

The different usages of the terms ‘Nonprofit’ and ‘Not-For-Profit’.
How the IRS makes the distinction.
Several types of ‘Nonprofit’ Organizations.
The different IRS classifications of ‘Nonprofits’.

MIPC300 – MIP Cloud Introduction: Recorded Session

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: None
Instructional Method: Recorded Session
Recommended CPE Credits: Not Eligible for CPE
Access Period: One Year from Purchase
Estimated Time to Complete: 15 Minutes

This brief recorded session will introduce you to the MIP Cloud modern user interface. Logging into the Application will be discussed
as well as how to navigate within the Application. Creating a basic transaction and report will also be demonstrated. This session is a
great place for customers new to the MIP Cloud modern user interface to start their learning journey.

Additional comprehensive training on all MIP Cloud modern user interface features and modules is available on Community Brands University.

By the end of the session, you will be able to:

Navigate to abila.onine.com.
Sign into the Application.
Navigate through the menu structure.
Describe the steps to create a transaction.
Describe the steps to create a basic report.