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More About This Title Nonprofit Financial Management: A Practical Guide
English
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.
English
English
Who this Book Is For ix
Acknowledgments xi
CHAPTER 1 Introduction 1
CHAPTER 2 Account for Transactions 9
CHAPTER 3 Create the Internal Control System 31
CHAPTER 4 Manage the Audit 43
CHAPTER 5 Evaluate Financial Condition 77
CHAPTER 6 Prepare and Manage the Budget 97
CHAPTER 7 Manage Cash Flow 127
CHAPTER 8 Purchase Goods 137
CHAPTER 9 Contract to Provide a Service 153
CHAPTER 10 Manage Capital Assets and the Inventory 159
CHAPTER 11 Invest Funds 165
CHAPTER 12 Manage Banking Relations 185
CHAPTER 13 Borrow Funds 199
CHAPTER 14 Manage Risks 205
Notes 229
Index 237
