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Non-Profit Accountant License

This license is included under Channel 2. To apply, simply log a support ticket through your membership profile. Specialise in the accounting and financial reporting of NPOs, NPC, Schools and NGOs.

6.5 CPD units January 1, 2025

What will set you apart

By completing this course you will gain the following competencies

  • Be able to compile accounts from incomplete records to assist non-compliant NPOs during the DSD deregistration campaign to become compliant
  • Understand the basic concepts of effective marketing strategies and familiarise yourself with the latest industry trends and technologies to increase your income potential.
  • Develop their skills in charity and non-profit organisation accounting, financial management, and financial reporting.
  • Develop a specialist knowledge of the Non-Profit Organisations Act, 71 of 1997 and Income Tax Act provisions regarding Public Benefit Organisations.
  • Recognise the financial statement presentation and disclosure requirements that apply to not-for-profit entities.
  • Identify Department of Social Development and SARS filing requirements of an exempt organisation, recognise the core components of the annual information return, and identify when an NPO may be subject to unrelated business income tax.
  • Recognise best practices in NPO board governance, risk assessment and internal controls.
  • Identify steps involved in planning a successful audit, review or accounting officer engagement and identify key considerations and client communications.

Event breakdown

  • Identify the unique aspects of NPEs.
  • Understand the differences between for-profit entities and NPEs.
  • Recognise the various types of NPEs.
  • Identify NPE-specific terminology.
  • Identify the basic financial statement presentation differences between for-profit entities and NPEs.
  • Identify examples of the differences in the organisational structures of for-profit entities and NPEs.
  • Understand the provisions relevant legislation affecting NPEs including the Non-Profit Organisations Act, 71 of 1997, Companies Act, 71 of 2008 (NPC), and Income Tax Act provisions regarding Public Benefit Organisations.
  • The legislative framework
  • The role of the Department of Education
  • School Governance
  • Internal Controls in public schools
  • Preparing Financial Statements
  • Audit vs Examination
  • Framework for the examination of the financials
  • Ethnical requirements
  • Standardised procedures to be performed at each school
  • Compiling accounts from incomplete records
  • GAAP for NPEs
  • Financial Statement Presentation
  • Assets
  • Investments
  • Programmatic Investments
  • Split-interest Agreements and Endowments
  • Liabilities
  • Fair Value Issues Specific to NPEs
  • Net Assets
  • Revenue from Contributions
  • Exchange and Agency Transactions
  • Expenses
  • Tax compliance
  • Meaning of exempt purpose
  • Related vs. unrelated activities
  • Definition of unrelated business income
  • Consequences of excessive unrelated business income
  • Exempt vs. non-exempt income
  • Statutory exemptions and exclusions
  • SARS Filing Requirements
  • Special Vat Treatments
  • Best Practices in Board Governance
  • Risk Assessment and Internal Controls
  • Fraud Overview and Prevention
  • Auditing, Review, Accounting officer, Compilation considerations
  • Planning the professional engagement
  • Financial Oversight, Budget and Strategy
  • Funding opportunities and funding leads
  • The Marketing Plan and strategy
  • Sources to drive leads
  • Fast-vertising (do what Ryan Reynolds does)
  • Flowcharts for effective communication
  • Social media post templates
Type: CPD CourseCPD category: Non-Profit Organisation

Description

South Africa is home to over 250,000 registered Non-Profit Organisations (NPOs), each striving to make a significant impact on our communities. These vital entities require specialised accounting expertise to ensure compliance, strategically optimize resources for sustainable growth, and navigate the complexities of the IFRS for NPOs and PBO status with SARS. The Chartered Institute for Business Accountants (CIBA) offers you the chance to gain this expertise and elevate your professional horizons by becoming a Licensed NPO Accountant. This unique opportunity allows you to:
  1. expand your client portfolio,
  2. build valuable business networks, and
  3. become an agent of change.
Our comprehensive curriculum covers distinctive NPO:
  1. financial management,
  2. compliance,
  3. NPO Act and reporting,
  4. IFRS for NPOs,
  5. Section 18 of Income Tax Act and PBO status,
  6. donor funding and more.
Mastering these skills, you empower NPOs to operate more effectively, drive change, and foster resilient communities. Are you ready to leverage your accounting expertise to make a meaningful difference? Join the CIBA community of passionate accountants today. Together, we can revolutionize the NPO sector, elevate your professional standing, and contribute to the betterment of our world.   We have partnered with the DSD and ANNET to access the 250000 NPOs through training and volunteer support. If you complete the license we can connect you with thousands of NPOs\

The entry requirements to enroll are as follows:

  1. a CBAP (CIBA designation) OR an equivalent designation with another professional body equivalent at NQF level 7 plus CIBA Associate membership together with
  2. a minimum of 7 years of general accountancy experience (this includes the 4 years requirement for a CBAP designation).
   

How to Apply

Please follow the steps carefully to successfully apply for your licence
  1. Login to your membership profile
  2. Navigate to “My Communications”
  3. Choose the “My Tickets” option
  4. Create a new Ticket
  5. Under “Select Department” choose the “CPD.myciba” option
  6. Under “Select Category” choose the “Other – CPD” option
  7. Under “Subject” please indicate that you are applying for a licence
  8. Under “Message” please give more information on the type of licence you are applying for
 

You will earn a certificate

On successful completion you will receive a certificate for 6.5 CPD units in Non-Profit Organisation.

Requirements

  • Laptop, desktop, or mobile device with internet access
  • Microsoft Edge, Google Chrome, Safari, or Firefox browser