The Simplified Guide to Not-for-Profit Accounting, Formation, and Reporting

Praise for THE SIMPLIFIED GUIDE TO NOT-FOR-PROFIT ACCOUNTING, FORMATION & REPORTING >--Richard Tierney, Director of Finance, North Shore Animal League America >--Rev. Luke L. Travers, OSB, Business Officer, Delbarton School/St. Mary's Abbey >--Gail Rizick, CPA/ABV/CFF, CVA, Cr.FA, ASA YOUR A-TO-Z GUIDE TO NOT-FOR-PROFIT FORMATION, ACCOUNTING, AND REPORTING If you need basic, easy-to-understand information on how Not-for-Profit organizations are formed, how they're structured, and the unique accounting and reporting issues they face, The Simplified Guide to Not-for-Profit Accounting, Formation, and Reporting is the only resource you need. This comprehensive guide provides you with expert advice on how to maintain the financial "books" of a typical Not-for-Profit entity and what is needed to comply with most reporting requirements. Plus, it lays out what a Not-for-Profit organization is, the rules it must follow, the role and responsibilities of its board of directors, and the various regulatory agencies that Not-for-Profits must report to. Straightforward and hands-on, this effective reference will help you navigate through all of the key accounting and reporting issues unique to the Not-for-Profit world, including: Step-by-step instructions for forming a Not-for-Profit Not-for-Profit internal controls and financial statements Developing a "chart of accounts" and operating budgets Not-for-Profit accounting rules and GAAP Everything you need to know about the new Form 990 Accounting for unrestricted and restricted contributions, grants, and other revenue Plus much more! Whether you are performing accounting functions, responsible for financial management, or simply want to understand Not-for-Profit accounting, operations, and reporting, The Simplified Guide to Not-for-Profit Accounting, Formation, and Reporting is a great and handy book to have around for easy reference.