The Simplified Guide to Not-for-Profit Accounting, Formation, and Reporting

The Simplified Guide to Not-for-Profit Accounting, Formation, and Reporting

A complete and easy to understand guide to the fundamentals of how not-for-profit organizations are formed and run, as well as their structure and the unique accounting and reporting issues they face. <p>Providing you with a comprehensive understanding of how to maintain the "books" of a typical nonprofit entity and comply with numerous reporting requirements, <i>The Simplified Guide to Not-for-Profit Accounting, Formation & Reporting</i> equips you with everything you need to know to form a Not-For-Profit, setup an accounting system, record financial transactions and report to donors and regulatory bodies.</p> <p>Topics include:</p> <ul dir="ltr"> <li> <div>Step-by-step guide to forming a Not-For-Profit and applying for tax exemption</div> </li> <li> <div>Becoming familiar with unique Not-For-Profit accounting rules such as classifying contributions/grants and recording restrictions, allocation of expenses to programs and supporting services and investment classification and reporting</div> </li> <li> <div>Budget development, payroll processing and accounting for personnel costs</div> </li> <li> <div>Shows how to prepare and understand required Not-For-Profit financial statement and their components</div> </li> <li> <div>Provides you with a broad understanding of the numerous filing requirement required by donors, grantors and government regulatory agencies</div> </li> </ul> <p>Practical and comprehensive in scope, <i>The Simplified Guide to Not-for-Profit Accounting, Formation & Reporting</i> offers a wealth of practical information to accountants and non-accountants alike for understanding Not-For-Profit financial transactions, financial statements and the many internal and external reports they must prepare.</p>