How to Read Nonprofit Financial Statements: A Practical Guide

Lang, Andrew S.; Eisig, William D.; Klumpp, Lee; Ricciardella, Tammy

ISBN 10: 111897669X / ISBN 13: 9781118976692

Editore: Wiley, 2017

Item may have minor cosmetic defects such as marks, wears, cuts, bends, or crushes on the cover, spine, pages, or dust cover. Dust cover is intact and pages are clean and not marred by notes. Item may contain remainder marks on outside edges. Item may be missing bundled media. Codice articolo MINV.111897669X.LN

Riassunto:

EXPERT GUIDANCE ON HOW TO READ, INTERPRET, AND USE NONPROFIT FINANCIAL STATEMENTS—UPDATED TO INCLUDE THE NEW FASB STANDARD FOR NONPROFIT FINANCIAL REPORTING

Whether you’re a nonprofit executive unfamiliar with the language of financial statements or a seasoned pro, this book is the only guide you’ll need to correctly interpret those critical documents, refresh your skills and familiarize yourself with the new FASB nonprofit reporting standards.

The intent behind the recent FASB accounting standards update was to improve the clarity and usefulness of nonprofit financial statements. But making sense of those statements can still be tough for the uninitiated. Accountants and non-accountants who use and prepare nonprofit financial statements need guidance on how to interpret and implement these new FASB standards. Written for both audiences, this book:

• Clearly defines accounting terminology and concepts, while offering numerous examples of financial statements reflecting both the old and new FASB standards

• Steers you, line-by-line, through financial reports, providing in-depth explanations of the differences between the old and new standards

• Provides numerous illustrations to help you quickly feel at home with the format of nonprofit financial statements

• Offers exercises to help you gain insight into the core concepts of nonprofit financial statements and reinforce your command of those concepts

In addition to the new FASB standards, this expanded edition includes:

• A new chapter on reserves, a long-standing challenge for nonprofits

• A new section on general financial analysis, outlining what financial statement readers should look for to stay informed and satisfy their responsibility regardless of their role

• A new chapter on benchmarking to help nonprofits measure performance against industry peers

How to Read Nonprofit Financial Statements, Third Edition is an invaluable resource for anyone who reads, interprets, or prepares these all-important documents.

Informazioni sull?autore:

ANDREW S. LANG, CPA, Potomac, MD, is President of LangCPA Consulting.

WILLIAM D. EISIG, CPA, McLean, VA, is Atlantic Managing Partner BDO USA, LLP and Executive Director of the BDO Institute for Nonprofit Excellence^SM.

LEE KLUMPP, CPA, CGMA, McLean, VA, is the National Nonprofit & Education Industry Group Audit and Accounting Technical Director at BDO USA, LLP.

TAMMY RICCIARDELLA, CPA, McLean, VA, is a Director at BDO Institute for Nonprofit Excellence^SM.

Dati bibliografici

Titolo: How to Read Nonprofit Financial Statements: ...
Casa editrice: Wiley
Data di pubblicazione: 2017
Legatura: Brossura
Condizione: like_new
Edizione: terza edizione