
×
The Simplified Guide to Not-for-Profit Accounting, Formation and Reporting
von Laurence ScotA complete and easy to understand guide to the fundamentals of hownot-for-profit organizations are formed and run, as well as theirstructure and the unique accounting and reporting issues they face.
Providing you with a comprehensive understanding of how tomaintain the „books“ of a typical nonprofit entity and comply withnumerous reporting requirements, The Simplified Guide toNot-for-Profit Accounting, Formation & Reporting equips you with everything you need to know toform a Not-For-Profit, setup an accounting system, record financialtransactions and report to donors and regulatory bodies.
Topics include:
* Step-by-step guide to forming a Not-For-Profit and applyingfor tax exemption
* Becoming familiar with unique Not-For-Profit accounting rulessuch as classifying contributions/grants and recordingrestrictions, allocation of expenses to programs and supportingservices and investment classification and reporting
* Budget development, payroll processing and accounting forpersonnel costs
* Shows how to prepare and understand required Not-For-Profitfinancial statement and their components
* Provides you with a broad understanding of the numerous filingrequirement required by donors, grantors and government regulatoryagencies
Practical and comprehensive in scope, The Simplified Guide toNot-for-Profit Accounting, Formation & Reporting offers a wealth of practical information toaccountants and non-accountants alike for understandingNot-For-Profit financial transactions, financial statements and themany internal and external reports they must prepare.
Providing you with a comprehensive understanding of how tomaintain the „books“ of a typical nonprofit entity and comply withnumerous reporting requirements, The Simplified Guide toNot-for-Profit Accounting, Formation & Reporting equips you with everything you need to know toform a Not-For-Profit, setup an accounting system, record financialtransactions and report to donors and regulatory bodies.
Topics include:
* Step-by-step guide to forming a Not-For-Profit and applyingfor tax exemption
* Becoming familiar with unique Not-For-Profit accounting rulessuch as classifying contributions/grants and recordingrestrictions, allocation of expenses to programs and supportingservices and investment classification and reporting
* Budget development, payroll processing and accounting forpersonnel costs
* Shows how to prepare and understand required Not-For-Profitfinancial statement and their components
* Provides you with a broad understanding of the numerous filingrequirement required by donors, grantors and government regulatoryagencies
Practical and comprehensive in scope, The Simplified Guide toNot-for-Profit Accounting, Formation & Reporting offers a wealth of practical information toaccountants and non-accountants alike for understandingNot-For-Profit financial transactions, financial statements and themany internal and external reports they must prepare.



