This practical guide shows how to create and operate a nonprofit accounting system and produce financial statements, all while operating in accordance with nonprofit accounting standards. The book walks the accountant through basic nonprofit accounting concepts and then discusses more advanced topics, including budgeting, controls, revenue recognition, joint costs, split-interest agreements, tax reporting, and mergers and acquisitions. In short, the book offers a wealth of information for understanding nonprofit transactions and financial statements.
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Steven Bragg, CPA, is one of the top-selling and most prolific accounting authors in the world. He is the author of more than 100 business books and courses, including Lean Accounting, Closing the Books and The New Controller Guidebook. He has been the CFO or controller of both public and private companies, and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche.
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