Description
A hands-on guide to the bits and bobs of nonprofit accounting
Not-for-Profit Accounting Made Easy, Second Edition equips you with the tools you want to run the financial and accounting operations within your nonprofit organization. Although you do not have a professional understanding of accounting principles and financial reporting, this handy guide makes it all clear with complex accounting rules explained in terms nonaccountants can easily understand with a view to help you better fulfill your managerial and fiduciary duties. All the time practical and never overtechnical, this helpful guide conforms to FASB and AICPA standards and:
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Discusses federal single audit and its have an effect on on nonprofits
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Offers examples of quite a lot of types of split-interest agreements
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Shows you how to read and understand a nonprofit financial statement
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Explains financial accounting and reporting standards
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Helps you turn out to be conversant in the rules and principles of accounting
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Updates board members, executive directors, and other senior managers on the accounting basics they will have to know for day-to-day operations
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Features tables, exhibits, and charts that illustrate the content in a simple and easy-to-understand manner
Suitable for fundraising managers and executives–as well as anyone who needs to read and understand a nonprofit financial observation–this is the ultimate not-an-accountant’s guide to nonprofit accounting.