What does CNAP mean in OCCUPATION & POSITIONS

A Certified Nonprofit Accounting Professional, or CNAP, is an accreditation that recognizes individuals with advanced understanding and experience in the financial management and accounting practices specifically related to nonprofit organizations.

Prerequisites vary depending on which route you choose to pursue; however, common requirements are four years of relevant experience in a professional accounting role, completion of at least 80 hours of specialized training courses specific to nonprofit accounting topics, proof of 100 total credit hours completed at an accredited educational institution as well as passing both written and practical exams.

The exams cover topics such as general ledger principles, federal regulations pertaining to nonprofits, tax compliance requirements, audit procedures and principles of budgeting.

Becoming certified gives professionals working in the nonprofit field an edge over their peers. This certification demonstrates commitment to excellence in accounting practices within this field and can also help provide opportunities for further career advancement or higher salaries. Additionally, employers may view it as a sign that they are investing their resources into qualified personnel.

After initially earning their credentials, CNAPs must complete 40 hours of continuing education every two years to maintain their certifications. This includes attending seminars related to non-profit accounting or completing online courses provided by agencies such as Digital CPA Training Institute or Becker CPA Review.