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How to Read Nonprofit Financial Statements : A Pratical Guide

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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.

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Availability

Detail Information

Series Title

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Call Number

657.3 LAN h

Publisher

Hoboken, New Jersey : John Wiley & Sons Inc., 2017

Collation

xi+260p.;18x25cm

Language

Indonesia

ISBN/ISSN

978-1-118-97669-2

Classification

657.3

Content Type

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Media Type

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Carrier Type

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Edition

3

Subject(s)

Nonprofit organizations - United States - Accounti
Financial Statements- United States

Specific Detail Info

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Statement of Responsibility

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