Become a Certified Non-Profit
Accounting Professional (CNAP)
What is CNAP?
The CNAP program was developed by the Non-profit CPAs, based in Nashville, TN. Hundreds of participants from the United States, Canada, South America, the Middle East and beyond have taken live and online CNAP courses. Humanity Financial Management has customized the CNAP course materials to meet the needs of Canadian non-profit and charitable organizations and to reflect Canadian regulations.
The CNAP course covers topics critical to building stronger NFP and Charities: Legal, Tax, Governance, Accounting, Internal Financial Management and External Financial Reporting.
CERTIFIED NON-PROFIT ACCOUNTING PROFESSIONAL (CNAP)
Are you interested in becoming a CNAP graduate? Here are answers to the most frequently asked questions from participants.
Sponsored by member firms of The Non-profit CPAs Alliance, the CNAP program is a comprehensive qualification, training and examination process designed to recognize financial management excellence in the non-profit industry.
The training is practical, relevant, and timely. CNAP is taught by experienced and knowledgeable professionals who concentrate their financial and consulting services in the non-profit industry.
The curriculum includes basic and intermediate non-profit accounting, as well as in‐depth training on more advanced issues such as internal controls and budgeting for non-profit organizations. Participants have the opportunity to work on real situations and scenarios from their organization as they complete the course.
- Improved skills and knowledge obtained via the specialized training
- Enhanced credibility as a professional committed to excellence in non-profit financial management
- Increased professional knowledge and capability
- Increased value to your non-profit organization
- Improved capacity to move your organization forward towards its goals
Whether used as a refresher or a way to gain industry‐specific knowledge, the program is beneficial for bookkeepers, team accountants, Executive Directors, CEOs, Treasurers, Directors and any professional responsible for the financial management of a non-profit organization.
These individuals are the key personnel that will gain basic and intermediate accounting and reporting skills by achieving the CNAP designation.
Enrolling is easy. Reach out to us and let us know you’d like more information about Courses & Training, and to send some details around CNAP.
Humanity’s CNAP Coordinator will :
CNAP needs to be completed within 36 months. Certificates are issued to participants that pass the multiple-choice exam and have provided written confirmation that they have a minimum of 18 months of financial experience in the Not for Profit sector.
Humanity’s CNAP Coordinator will :
- Send you some additional details about the course
- Confirm you are planning to complete 18 months of financial experience in the Not for Profit sector
- Take your payment via the phone and send you the resources
- Send a link to a folder which has documents and webinars
CNAP needs to be completed within 36 months. Certificates are issued to participants that pass the multiple-choice exam and have provided written confirmation that they have a minimum of 18 months of financial experience in the Not for Profit sector.
A requirement for certification is that candidates pass a test given at the end of the training
sessions. The test is “open book” and is the same for all candidates regardless of where they complete the training. The passing grade for each test is 75%.
Any candidate who fails an exam will be allowed one opportunity to re‐take it at a mutually convenient time and location. If a candidate fails the exam for a second time, he or she must attend the applicable training session(s) again before repeating the exam.
Webinar version – 14 hours ‐ $995 + GST, which includes:
- $95 CNAP Registration Fee: This is a one‐time fee paid to The Non-profit CPAs Alliance for national accreditation at the time you register or apply as a CNAP candidate
- $900 Tuition Fees payable in full to the Non-profit CPAs member firm hosting the program
(All fees must be paid 30 days prior to attending your first session).
In‐person version – 21 hours ‐ $1,395 + GST, which includes: (not available at this time)
- $95 CNAP Registration Fee: This is a one‐time fee paid to The Non-profit CPAs Alliance for national accreditation at the time you register or apply as a CNAP candidate
- $1,300 Tuition Fees payable in full to the Non-profit CPAs member firm hosting the program
(All fees must be paid 30 days prior to attending your first session).
All CNAP training sessions follow a standardized curriculum and are conducted by Non-profit CPAs member firms. In Canada, the course is taught by Gordon Holley, CPA, CA, CPB of Humanity Financial Management Inc. in West Vancouver, BC.
The Non-profit CPAs Alliance is an international network of CPA firms specifically selected for their experience in, and commitment to, servicing the non-profit industry. Members combine their expertise to provide the highest quality services to improve the performance of non-profit organization. Through Non-profit CPAs’ educational program and continuous exchange of ideas and information, members stay on the forefront of the non-profit industry. For more
information, please visit the website at: www.nonprofitcpas.com.
“Gordon Holley’s workshop on Financial Management for Community Foundations was an essential session for board members and team alike. His engaging and easy to understand presentation of what can often be challenging information was relevant, interesting and valuable to everyone attending. A must for any organization concerned with accountability and effectiveness!”
Barbara McMillan – Principal, All About Impact
About the course
Team, volunteers, funders and leaders of Canadian non-profits and charities can now access affordable live, in-person – or webinar-based – training to improve the financial management and oversight of their organizations. The CNAP course provides students with tools, expertise and ideas geared specifically towards non-profit and charity financial operations and management Course content has been adapted to the unique Canadian regulations and environment.
The course is currently being offered in 7, 2-hour sessions (14 hours) as a self- paced course. All course materials and handouts are included. After completing the course, participants may complete the online open book exam if they wish to receive certification.
Taught by an experienced Canadian Chartered Professional Accountant (CPA), CNAP will leave students feeling more confident in their financial management skills and stakeholders feeling more confident in the secure financial future of their organization.
The course is currently being offered in 7, 2-hour sessions (14 hours) as a self- paced course. All course materials and handouts are included. After completing the course, participants may complete the online open book exam if they wish to receive certification.
Taught by an experienced Canadian Chartered Professional Accountant (CPA), CNAP will leave students feeling more confident in their financial management skills and stakeholders feeling more confident in the secure financial future of their organization.
Why
For whom
Curriculum
FAQ
Your instructor
Why
WHY TAKE THE CNAP COURSE?
- You are a board member, Executive Director, Bookkeeper, Accountant or member of a NFP leadership team who would like to feel more confident about the financial aspects of the sector
- Become more confident in the financial leadership of your organisation
- Understand what makes not-for-profit financial management unique
- Comply with tax and other regulations
- Streamline and standardise procedures
- Structure reports to meaningfully communicate financial data
- Identify and minimise risk
- Improve budgeting
- Enhance your reputation
WHY CNAP MATTERS NOW?
- Increasing competition for decreasing donations and core funding
- Rising stakeholder expectations of accountability and transparency
- Limited budgets for hiring and training team
- Reduce organisational risk by knowing the facts
For whom
WHO SHOULD PARTICIPATE?
Anyone responsible for managing financial procedures and influencing decisions
- Non-profit executives
- Volunteer directors
- Bookkeepers
- Accountants
- Strategic consultants
Curriculum
LEGAL, TAX , GOVERNANCE AND ACCOUNTING ENVIRONMENT
Nature of NFPOs & Charities in Canada
- Legal characteristics of NFPOs and charities in Canada
- Canada Revenue Agency – tax characteristics and regulation of NFPOs and charities
- Governance: financial management roles and responsibilities in NFPOs
Accounting and Financial Reporting
- Generally Accepted Accounting Principals (“GAAP”) for NFPOs
- Understanding NFPO financial statements
- Establishing effective internal financial management systems & software
EXTERNAL FINANCIAL REPORTING
Working with the Independent CPA Firm – Roles and expectations
- Audits / Reviews / Compiliations
Canada Revenue Agency Compliance for NFPOs and Charities
- Income tax reporting
- Social Enterprises and the Canada Revenue Agency
- Payroll and sales taxes (e.g. GST/HST, PSB Rebate, PST)
- Donation receipting for charities
INTERNAL FINANCIAL MANAGEMENT
Budgeting
- The budgeting process
- Revenue and expense budgets / Cash Flow budgets / Capital budgets
- Budget monitoring and reporting: requirements, recommendations and risks
Cost Allocations
Contract and Grant Compliance
- Understanding expectations, ensuring compliance and easing the reporting process
Internal Controls for Asset and Reputation Protection
- Why internal controls are the key to protecting assets and reputation
- Basic internal controls for NFPOs & charities
- Developing financial management policies and procedures
Maintaining Adequate Books and Records
FAQ
CERTIFIED NON-PROFIT ACCOUNTING PROFESSIONAL (CNAP)
Are you interested in becoming a CNAP graduate? Here are answers to the most frequently asked questions from participants.
Sponsored by member firms of The Non-profit CPAs Alliance, the CNAP program is a comprehensive qualification, training and examination process designed to recognize financial management excellence in the non-profit industry.
The training is practical, relevant, and timely. CNAP is taught by experienced and knowledgeable professionals who concentrate their financial and consulting services in the non-profit industry.
The curriculum includes basic and intermediate non-profit accounting, as well as in‐depth training on more advanced issues such as internal controls and budgeting for non-profit organizations. Participants have the opportunity to work on real situations and scenarios from their organization as they complete the course.
- Improved skills and knowledge obtained via the specialized training
- Enhanced credibility as a professional committed to excellence in non-profit financial management
- Increased professional knowledge and capability
- Increased value to your non-profit organization
- Improved capacity to move your organization forward towards its goals
Whether used as a refresher or a way to gain industry‐specific knowledge, the program is beneficial for bookkeepers, team accountants, Executive Directors, CEOs, Treasurers, Directors and any professional responsible for the financial management of a non-profit organization.
These individuals are the key personnel that will gain basic and intermediate accounting and reporting skills by achieving the CNAP designation.
Enrolling is easy. Reach out to us and let us know you’d like more information about Courses & Training, and to send some details around CNAP.
Humanity’s CNAP Coordinator will :
CNAP needs to be completed within 36 months. Certificates are issued to participants that pass the multiple-choice exam and have provided written confirmation that they have a minimum of 18 months of financial experience in the Not for Profit sector.
Humanity’s CNAP Coordinator will :
- Send you some additional details about the course
- Confirm you are planning to complete 18 months of financial experience in the Not for Profit sector
- Take your payment via the phone and send you the resources
- Send a link to a folder which has documents and webinars
CNAP needs to be completed within 36 months. Certificates are issued to participants that pass the multiple-choice exam and have provided written confirmation that they have a minimum of 18 months of financial experience in the Not for Profit sector.
A requirement for certification is that candidates pass a test given at the end of the training
sessions. The test is “open book” and is the same for all candidates regardless of where they complete the training. The passing grade for each test is 75%.
Any candidate who fails an exam will be allowed one opportunity to re‐take it at a mutually convenient time and location. If a candidate fails the exam for a second time, he or she must attend the applicable training session(s) again before repeating the exam.
Webinar version – 14 hours ‐ $995 + GST, which includes:
- $95 CNAP Registration Fee: This is a one‐time fee paid to The Non-profit CPAs Alliance for national accreditation at the time you register or apply as a CNAP candidate
- $900 Tuition Fees payable in full to the Non-profit CPAs member firm hosting the program
(All fees must be paid 30 days prior to attending your first session).
In‐person version – 21 hours ‐ $1,395 + GST, which includes: (not available at this time)
- $95 CNAP Registration Fee: This is a one‐time fee paid to The Non-profit CPAs Alliance for national accreditation at the time you register or apply as a CNAP candidate
- $1,300 Tuition Fees payable in full to the Non-profit CPAs member firm hosting the program
(All fees must be paid 30 days prior to attending your first session).
All CNAP training sessions follow a standardized curriculum and are conducted by Non-profit CPAs member firms. In Canada, the course is taught by Gordon Holley, CPA, CA, CPB of Humanity Financial Management Inc. in West Vancouver, BC.
The Non-profit CPAs Alliance is an international network of CPA firms specifically selected for their experience in, and commitment to, servicing the non-profit industry. Members combine their expertise to provide the highest quality services to improve the performance of non-profit organization. Through Non-profit CPAs’ educational program and continuous exchange of ideas and information, members stay on the forefront of the non-profit industry. For more
information, please visit the website at: www.nonprofitcpas.com.
Your instructor
ABOUT THE INSTRUCTOR
Gordon Holley, CPA, CA, FCPB has more than 20 years of experience as an accountant. In addition to serving on the boards of numerous non-profit organizations, he was the first Canadian member of the National Association of Non-profit Accountants and Consultants and is a Past President and Director of the Institute of Professional Bookkeepers of Canada.
Gordon is the co-founder of Humanity Financial Management Inc., an accounting firm focused on building the capacity and credibility of Canada’s not for profit, charitable and social enterprises.
View other training and resources Gordon has created.
Gordon is the co-founder of Humanity Financial Management Inc., an accounting firm focused on building the capacity and credibility of Canada’s not for profit, charitable and social enterprises.
View other training and resources Gordon has created.
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Humanity Financial Management Inc. is located on the unceded territory of of the xʷməθkwəy̓əm (Musqueam), Skwxwú7mesh (Squamish), and Səl̓ílwətaʔ/Selilwitulh (Tsleil-Waututh) Nations.
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