Unified Financial Reporting System For Not For Profit Organizations

Author : Russy D. Sumariwalla,Wilson C. Levis
Publisher : Jossey-Bass
Page : 388 pages
File Size : 48,9 Mb
Release : 2000-09-14
Category : Business & Economics
ISBN : IND:30000065158333

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Unified Financial Reporting System for Not-for-Profit Organizations by Russy D. Sumariwalla,Wilson C. Levis Pdf

Sponsored by CompassPoint Nonprofit Services, formerly known as the Support Center for Nonprofit Management/Nonprofit Development Center Nothing can be more important to an organization's health and success than the quality of its financial reporting. This comprehensive guide is for all nonprofits that are required to comply with financial reporting standards set by the IRS and thirty-five state charity regulators (Form 990), FASB and AICPA (GAAP), grantmakers, and the like. Much more than a standard accounting manual, this book is a thoughtful guide to improving financial reporting so organizations can focus on the business of fulfilling mission, developing essential programs, and serving communities. "In playing chess, the move that accomplishes several purposes is the strongest. This book does exactly that for nonprofits. It gives computer technology the ability to produce reports for funders, budget managers, governmental regulators, and taxing authorities, all from one set of financial data, input only once."--Charles Kirkland, former chair, AICPA Not-for-Profit Organizations Committee, and founder, Kirkland, Eckels & Co. "Well-defined, relevant, and reliable guidelines that should enhance the quality and credibility of financial reports."--Kevin A. Kavanaugh, vice president, financial services, American Diabetes Association "Helps to simplify and align the federal/state record keeping and reporting."--James J. Caputo Sr., consultant, and chair, the Greater Washington Society of CPA's Not-For-Profit-Organizations Committee "Provide[s] management with a wide variety of information that was not previously available"--Dennis F. Dycus, director, Office of the Comptroller of the Treasury, Division of Municipal Audit, State of Tennessee "As we move into the age of nonprofit financial transparency and instant Web access to reporting documents. . . .it is imperative that nonprofit practitioners, accountants, and lawyers understand and implement the concepts embodied in this guide."--Arthur W. Schmidt, Jr., president, Philanthropic Research, Inc., and publisher of the GuideStar Web site Complete Copy/Written and approved by author when book was originally scheduled for hardcover Sponsored by CompassPoint Nonprofit Services, formerly known as the Support Center for Nonprofit Management/Nonprofit Development Center Nothing can be more important to an organization's health and success than the quality of its financial reporting. This comprehensive guide is for all nonprofits that are required to comply with financial reporting standards set by the IRS and thirty-five state charity regulators (Form 990), FASB and AICPA (GAAP), grantmakers, and the like. It shows how to unify financial reporting requirements without compromising the organization's accuracy and accountability. Authors Russy D. Sumariwalla and Wilson C. Levis combine over fifty years of experience in nonprofit accounting and reporting to describe the key elements of a unified financial reporting system. They also draw valuable lessons from a three-year project formed to improve the quality of reporting on IRS Form 990 and to strengthen public accountability. Known as "990 in 2000," this sectorwide project involved the IRS, the National Association of Attorneys General, the National Association of State Charity Officials, the Greater Washington Society of CPAs, the California Society of CPAs, the National Health Council, the United Way of America, and other organizations. Armed with the latest information, the authors discuss a unified chart of accounts, activity-level accounting, cost allocation, and computerization. They also explore ways of unifying internal and external financial reports, including GAAP statements, grant reports, and others. This guide offers a powerful resource section including information on various appendices program service reporting, government regulation, voluntary standards expert review groups, and more. Much more than a standard accounting manual, Unified Financial Reporting System for Not-for-Profit Organizations is a thoughtful guide to improving financial reporting so organizations can focus on the business of fulfilling mission, developing essential programs, and serving communities.

Author : Ronald A. Landskroner
Publisher : John Wiley & Sons
Page : 684 pages
File Size : 44,5 Mb
Release : 2002-05-14
Category : Business & Economics
ISBN : 9780471273325

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The Nonprofit Manager's Resource Directory by Ronald A. Landskroner Pdf

A newly revised and updated edition of the ultimate resource for nonprofit managers If you're a nonprofit manager, you probably spend a good deal of your time tracking down hard-to-find answers to complicated questions. The Nonprofit Manager's Resource Directory, Second Edition provides instant answers to all your questions concerning nonprofit-oriented product and service providers, Internet sites, funding sources, publications, support and advocacy groups, and much more. If you need help finding volunteers, understanding new legislation, or writing grant proposals, help has arrived. This new, updated edition features expanded coverage of important issues and even more answers to all your nonprofit questions. Revised to keep vital information up to the minute, The Nonprofit Manager's Resource Directory, Second Edition: * Contains more than 2,000 detailed listings of both nonprofit and for-profit resources, products, and services * Supplies complete details on everything from assistance and support groups to software vendors and Internet servers, management consultants to list marketers * Provides information on all kinds of free and low-cost products available to nonprofits * Features an entirely new section on international issues * Plus: 10 bonus sections available only on CD-ROM The Nonprofit Manager's Resource Directory, Second Edition has the information you need to keep your nonprofit alive and well in these challenging times. Topics include: * Accountability and Ethics * Assessment and Evaluation * Financial Management * General Management * Governance * Human Resource Management * Information Technology * International Third Sector * Leadership * Legal Issues * Marketing and Communications * Nonprofit Sector Overview * Organizational Dynamics and Design * Philanthropy * Professional Development * Resource Development * Social Entrepreneurship * Strategic Planning * Volunteerism

Author : Malvern J. Gross,John H. McCarthy,Nancy E. Shelmon
Publisher : John Wiley & Sons
Page : 794 pages
File Size : 42,5 Mb
Release : 2005-05-13
Category : Business & Economics
ISBN : 9780471738145

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Financial and Accounting Guide for Not-for-Profit Organizations by Malvern J. Gross,John H. McCarthy,Nancy E. Shelmon Pdf

This Seventh Edition is filled with authoritative advice on the financial reporting, accounting, and control situations unique to not-for-profit organizations. It contains discussions of the accounting and reporting guidelines for different types of organizations, complete guidance on tax and compliance reporting requirements, illustrated explanations of various types of acceptable financial statements, and much more!

Author : Canadian Institute of Chartered Accountants
Publisher : Unknown
Page : 190 pages
File Size : 46,8 Mb
Release : 1980
Category : Business & Economics
ISBN : UIUC:30112057948124

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Financial Reporting for Non-profit Organizations by Canadian Institute of Chartered Accountants Pdf

Author : Marion R. Fremont-Smith
Publisher : Harvard University Press
Page : 580 pages
File Size : 52,8 Mb
Release : 2008-12-15
Category : Business & Economics
ISBN : 0674037294

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Governing Nonprofit Organizations by Marion R. Fremont-Smith Pdf

The nonprofit sector is a vital component of our society and is allowed the greatest freedom to operate. The public understandably assumes that since nonprofit organizations are established to do good, the people who run nonprofits are altruistic, and the laws governing nonprofits have reflected this assumption. But as Marion Fremont-Smith argues, the rules that govern how nonprofits operate are inadequate, and the regulatory mechanisms designed to enforce the rules need improvement. Despite repeated instances of negligent management, self-interest at the expense of the charity, and outright fraud, nonprofits continue to receive minimal government regulation. In this time of increased demand for corporate accountability, the need to strengthen regulation of nonprofits is obvious. Fremont-Smith addresses this need from a historical, legal, and organizational perspective. She combines summaries and analysis of the substantive legal rules governing the behavior of charitable officers, directors, and trustees with descriptions of the federal and state regulatory schemes designed to enforce these rules. Her unique and exhaustive historical survey of the law of nonprofit organizations provides a foundation for her analysis of the effectiveness of current law and proposals for its improvement.

Author : Malvern J. Gross
Publisher : John Wiley & Sons
Page : 290 pages
File Size : 47,7 Mb
Release : 2010-05-03
Category : Business & Economics
ISBN : 9780470457061

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Financial and Accounting Guide for Not-for-Profit Organizations by Malvern J. Gross Pdf

"This Seventh Edition is filled with authoritative advice on the financial reporting, accounting, and control situations unique to not-for-profit organizations. It contains discussions of the accounting and reporting guidelines for different types of organizations, complete guidance on tax and compliance reporting requirements, illustrated explanations of various types of acceptable financial statements, and much more!"--Publisher's Website.

Author : Howard Becker,Richard J. Terrano
Publisher : CCH
Page : 574 pages
File Size : 55,5 Mb
Release : 2007-11
Category : Business & Economics
ISBN : 0808091336

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Not-For-Profit Reporting by Howard Becker,Richard J. Terrano Pdf

Written by fellow practitioners, CCH's Not-for-Profit Reporting helps experienced CPAs efficiently perform not-for-profit accounting and prepare complete financial statements in accordance with GAAP while fulfilling tax, financial, and regulatory requirements. This book puts the entire world of not-for-profit accounting-from issues in the GAAP hierarchy to financial presentation and regulatory reporting-at your fingertips. To make your audits more focused and efficient, Not-for-Profit Reporting provides pertinent observations gleaned from practice, along with clear examples and sample financial statements for different types of entities. And because Not-for-Profit Reporting is peer reviewed, you and your clients can have confidence in its analysis. This is a one-stop reference that gives you the resources you need to satisfy all of your requirements. Book jacket.

Author : Charles K. Coe
Publisher : John Wiley & Sons
Page : 261 pages
File Size : 50,5 Mb
Release : 2011-06-28
Category : Business & Economics
ISBN : 9781118011324

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Nonprofit Financial Management by Charles K. Coe Pdf

A timely, practical, and concise handbook of best practices for nonprofit financial management In 2010 an estimated 325,000 charities, membership groups, and trade associations?with small nonprofits disproportionately represented?stand to lose their tax exemptions for failure to comply with financial management requirements. Nonprofit Financial Management: A Practical Guide is a timely, functional, and concise handbook of best practices for nonprofit organizations of every size. Addresses federal reporting requirements and discusses methods to decrease expenses, ensure accounting control, increase revenues through professional cash management, and understand budget statements Explains how to read financial statements and analyze a nonprofit's financial condition by using the most recent IRS 990 reporting form Covers the full range of financial-management topics, including accounting, internal controls, auditing, evaluating financial condition, budgeting, cash management and banking, purchasing and contracting, borrowing and risk management Written in an easy-to-read style, with more than 100 exhibits, this book is essential for every nonprofit financial manager.

Author : Jeanne Bell,Elizabeth Schaffer
Publisher : Turner Publishing Company
Page : 274 pages
File Size : 52,9 Mb
Release : 2005-03-31
Category : Business & Economics
ISBN : 9781618589118

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Financial Leadership for Nonprofit Executives by Jeanne Bell,Elizabeth Schaffer Pdf

Making sure that your nonprofit is going to be around long-term requires financial leadership. This means creating a financial vision for your organization and planning how you’ll get there. Financial Leadership for Nonprofit Executives gives you the framework, specific language, and processes to lead with confidence. With it, you’ll learn how to protect and grow the assets of your organization and accomplish as much mission as possible with those resources. The good news is you don’t have to be a trained accountant, earn an MBA, or have run a for-profit business in another lifetime. You already have many of the skills it takes to be a financial leader. This useful guide makes the process understandable and doable. You’ll find clear, logical steps to learn how to get accurate financial data—in a format you can understand; use financial data to evaluate your organization’s health; plan around a set of meaningful financial goals; and communicate progress on these goals to your staff, board, and external stakeholders. You’ll also find five foundational financial leadership principles; three overarching questions every financial leader needs to be able to answer (and where to find those answers); two fundamental budgeting principles; and five steps to building a strong annual budget. At the end of each chapter is an evaluation tool. You can rate how your organization is doing relative to the component of financial leadership covered in each chapter. Each attribute is scored as being red, yellow, or green. “Red” items are below standard and require immediate attention; “yellow” items are widely practiced though not generally ideal; and “green” items are considered best practice. Over time, as you and your partners on the board and staff move the organization toward “green” in each of these areas, you will create an environment in which financial leadership can flourish.

Author : D. R. Carmichael,Lynford Graham
Publisher : John Wiley & Sons
Page : 866 pages
File Size : 44,8 Mb
Release : 2012-06-05
Category : Business & Economics
ISBN : 9781118171813

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Accountants' Handbook, Special Industries and Special Topics by D. R. Carmichael,Lynford Graham Pdf

This highly regarded reference is relied on by a considerable part of the accounting profession in their day-to-day work. This handbook is the first place accountants, auditors, bankers, lawyers, financial analysts, and other preparers and users of accounting information look to find answers to questions on accounting and financial reporting. The new edition will be updated to reflect the new FASB Codification, as well as including expanded coverage of fair value and guidance on developing fair value estimates, fraud risk and exposure, healthcare, and IFRS.

Author : Murray Dropkin,James Halpin
Publisher : John Wiley & Sons
Page : 264 pages
File Size : 50,5 Mb
Release : 2012-06-27
Category : Business & Economics
ISBN : 9781118429709

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Bookkeeping for Nonprofits by Murray Dropkin,James Halpin Pdf

BOOKKEEPING FOR NONPROFITS Bookkeeping for Nonprofits is a hands-on guide that offers nonprofit leaders, managers, and staff the tools they need to create and maintain a complete and accurate set of accounting records. This much-needed resource provides those with little or no bookkeeping experience with practical advice in a highly accessible format. Written by Murray Dropkin and Jim Halpin, Bookkeeping for Nonprofits is a step-by-step introduction to keeping accounting records, which form the foundation for a nonprofit organization's financial reports, tax returns, budgets, cash forecasts, and grant proposals. Using this volume as a guide, nonprofit leaders and staff will be able to set up books with or without accounting software and ensure that the records meet the needs of their organization. Bookkeeping for Nonprofits is a comprehensive resource that Discusses how transactions provide day-to-day information for tracking cash balances and cash requirements Shows how transactions provide information to management and the board of directors for budgeting and other essential tasks Explains basic bookkeeping concepts, such as the accounting equation, the chart of accounts, and income and expense tracking Guides readers through the nuts and bolts of recording a transaction Provides an overview of alternative recordkeeping methodologies and how to choose among them Designed to be easy to use, the book is filled with illustrations and checklists. "Bookkeeping for Nonprofits is the remarkable new guide for a new generation of accounting challenges bookkeepers face every day." —Frances Hesselbein, chairman and founding president, Leader to Leader Institute "Bookkeeping for Nonprofits provides a rare combination of consummate professionalism and clear, accessible writing. Underlying the wealth of technical information lies a great deal of wisdom. The authors have found a way to translate their enormous, on-the-ground experience into usable, actionable policies, procedures, and practices. It is a book that gives all you need to create a fiscally responsible agency with the bonus of helping you become a better manager and a wiser person." —Peter Block, business consultant and author of Flawless Consulting and The Empowered Manager "Bookkeeping for Nonprofits provides an excellent understanding of the practical application of bookkeeping in the real work environment." —Ron Werthman, vice president, finance/treasurer and CFO, Johns Hopkins Health System, The Johns Hopkins Hospital "This is a wonderful book that every bookkeeper in a nonprofit organization should have." —Eusebio David, fiscal director, Federation of Multicultural Programs, Inc.

Author : Barbara L. Ciconte,Jeanne Jacob
Publisher : Jones & Bartlett Publishers
Page : 627 pages
File Size : 41,9 Mb
Release : 2008-12-18
Category : Business & Economics
ISBN : 9781449664954

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Fundraising Basics: A Complete Guide by Barbara L. Ciconte,Jeanne Jacob Pdf

As nonprofit organizations face heightened scrutiny by the general public, donors, regulators, and members of Congress, the Third Edition of the essential book on the basics of fundraising provides new, up-to-date and valuable information that every fundraiser needs to know. With ethics and accountability being the primary theme of the Third Edition, this practical guide will continue to provide an overview of the field and give development staff, managers, and directors a platform from which to operate their fundraising programs. The new edition also provides much needed information on giving trends, computer hardware and software available for fundraisers, cost estimates and workflow timetables, and the importance of the Internet. This primer remains a must-have for anyone new to the fundraising arena.

Author : Russy D. Sumariwalla
Publisher : Unknown
Page : 220 pages
File Size : 41,6 Mb
Release : 1974
Category : Charities
ISBN : UOM:39015016123401

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Accounting & Financial Reporting by Russy D. Sumariwalla Pdf

Author : Lester M. Salamon
Publisher : Brookings Institution Press
Page : 586 pages
File Size : 42,6 Mb
Release : 2004-05-13
Category : Business & Economics
ISBN : 0815706499

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The State of Nonprofit America by Lester M. Salamon Pdf

A Brookings Institution Press and the Aspen Institute publication The thousands of organizations that comprise America's private nonprofit sector represent a national treasure. Yet serious pressures are altering the playing field on which nonprofits operate, and many are responding in ways that may undermine their popular support. Despite the significance of these developments, little has been done to analyze and interpret them in a clear and understandable way. Lester M. Salamon, a leading authority on the nonprofit sector, has joined forces with more than a dozen other experts and the Aspen Institute to produce this volume, an integrated, authoritative assessment of the state of nonprofit America and the key trends affecting its evolution. The book is organized into three sections. The first summarizes critical trends and issues; the second examines each of the sector's major subsectors (e.g., health, education, social services, arts and culture, international assistance, advocacy); the third focuses on major cross-cutting trends and issues (commercialization, changing government policy, accountability, and demographic and technological imperatives). The Resilient Sector will be updated every two years. It provides a basic sourcebook for sector leaders, the press, public officials, and citizens concerned about the future of America's nonprofit sector and eager to understand the forces affecting it.

Author : Mehdi Khosrowpour
Publisher : IGI Global
Page : 652 pages
File Size : 43,5 Mb
Release : 2004-01-01
Category : Computers
ISBN : 159140259X

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Annals of Cases on Information Technology by Mehdi Khosrowpour Pdf

Annals of Cases on Information Technology provides a collection of case studies focusing on IT implementation in organizations. The cases included in Volume VI describe successful projects and offer advice on how to achieve these best practices. They also look at IT project failures and describe steps to avoid pitfalls in the path to successful IT utilization. The organizations described in this book represent small businesses, educational institutions, public and private corporations and describe may aspects of IT implementation including, e-commerce endeavors, intelligent technologies, enterprise resource planning and many other facets of emerging IT utilization.