This title provides the tools necessary to go beyond the theory and create value-added services for accountants’ clients. In the not-for-profit arena. This book allows readers to examine, evaluate, and perform case studies, which will enhance their working knowledge of fundamental not-for-profit accounting and reporting, presentation requirements, note disclosures unique to not-for-profits, and options allowed under generally accepted accounting principles.
Key topics include:
- Financial statement presentation, including FASB's financial reporting standard
- Statement of activities
- Statement of financial position and statement of cash flow
- Note disclosures
- Contribution concepts
- Functional expense and allocation of costs
- Endowments
- Operating versus non-operating
- Split interest agreements and beneficial trusts
- Agency transactions
- Programmatic investments
- Common financial statement mistakes
- ISBN10 1119744725
- ISBN13 9781119744726
- Publish Date 17 August 2020 (first published 19 June 2020)
- Publish Status Active
- Out of Print 5 July 2023
- Publish Country US
- Imprint John Wiley & Sons Inc
- Format Paperback
- Pages 160
- Language English