Financial And Accounting Guide For Not For Profit Organizations 2004 Cumulative Supplement

The 2004 Cumulative Supplement includes: A summary of the FASB Statements that have been issued since the 2003 Cumulative Supplement. A summary of the major provisions of the Sarbanes-Oxley Act in the Appendix of Chapter 26. Information on the Statement on Auditing Standards (SAS) No. 99, Consideration of Fraud in a Financial Statement Audit issued by the AICPA. Information on final regulations for the disclosure of "reportable transactions" issued by the U.S. Treasury Department.

Accounting principles for non-profit organizations follow general accounting rules, but there are complex areas including fund accounting, cash versus accrual accounting, transfers and appropriations, treatment of fixed assets and pledge/non-cash contributions. This is a guide to those areas.

Financial And Accounting Guide For Not-For-Profit Organizations Seventh Edition 2009 Cumulative Supplement

The 2008 Cumulative Supplement contains the following: We have updated Appendix D, Summary of Emerging Issues for Not-for-Profit Organizations, which highlights accounting, financial reporting, tax, and regulatory compliance issues, including their potential impact. SAS 112 (which replaced SAS 60) is addressed in Chapter 24 as well as Appendix E. Chapter 26 on Investments includes the Alternative Investments Practice Aid issued by the Alternative Investments Task Force established by the Audit Issues Task Force of the Auditing Standards Board. In addition, we have included a new, comprehensive whitepaper on this topic (useful for management, the board and the auditors) as Appendix F. Another white paper, helping management and the board to understand the balance sheet, has been added as Appendix G. Chapter 28 discusses some of the IRS’ proposed revisions to Form 990 and provides a website where you may obtain the most recent status and information.

"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.

The cumulative supplement to the Financial and Accounting Guide for Not-for-Profit Organizations, 8th Edition This book is filled with authoritative advice on the financial reporting, accounting, and control situations unique to not-for-profit organizations. It contains complete guidance on tax and compliance reporting requirements, illustrated explanations of various types of acceptable financial statements, a how-to section on setting up and keeping the books with step-by-step procedures and forms, and commentary on computers and accounting software. Completely revised and updated, the Eight Edition includes the latest updates to accounting activities and requirements as they relate to not-for-profit organizations.