This book not only provides accounting best practices but provides insights into the advantages and disadvantages of installing them. If you are interested in improving your accounting department, this is a do-it-yourself book for you.
Stevens provides pragmatic tools and techniques to assist nonprofit organizations in optimizing their financial resources. Her books help organizations determine their financial worth, maximize cash flow, select the best bank, develop reserve funds, and report their finances to constituents. Updated and improved in its second edition, this book is a responsible read for all nonprofit financial managers.
This plain language book is for organizations and nonprofits that do not have an official bookkeeper or accountant on staff. Ruegg and Verkatrathnam understand the frustration and confusion that accompanies the individual who assumes these responsibilities and this work is a guide to keep these courageous servants from coming to their wit's end or making a costly mistake. Readers will find detailed examples, reproducible forms, and helpful tips and tools to make their job easier and safeguard the assets and future of their nonprofit organization.
This step-by-step guide to healthy habits of church finances will help church leaders focus their best creativity, leadership, and energy on advancing their mission. Written for committee members, key leaders, pastors, and staffs, this is a detailed account of budgeting and fund-raising, complete with charts and questionnaires. A great reminder that giving is an investment in God's mission, which is for the sake of reaching people.
Malvern J. Gross, Richard F. Larkin, and John H. McCarthy (2005)
This Seventh Edition is filled with authoritative advice on the financial reporting, accounting, and control situations unique to not-for-profit organizations. Useful for both accountants and laypeople who have questions about the nonprofit accounting world, this book is a terrific resource you will turn to again and again.
A must-have reference for every business professional, this Second Edition is a necessary tool for those interested in understanding how financial fraud occurs and what to do when you find or suspect it within your organization. Learn where your organization is most susceptible to fraud and how to protect yourself.
Don't wait until fraud is exposed—learn how to detect it early. This book provides step-by-step guidance on how to perform detection procedures for every major type of fraud. It includes new and detailed case studies and offers expanded coverage of financial statement fraud, fraud-specific internal control, and Sarbanes-Oxley.
A modern-day parable teaching the joy of generosity, service, and relationships. In the tradition of the best-seller The One Minute Manager, authors Ken Blanchard and fast-food entrepreneur S. Truett Cathy (Chic-Fil-A®) create a parable that demonstrates the virtues of generosity. Readers are encouraged to leave behind the capitalistic corporate model of materialism that encourages greed and hording. Their recommended alternative is not a socialistic governmental model, but the path of Biblical stewardship: earning, giving, and empowering others. The authors refer to this as "The Generosity Factor," and they show how it leads to contentment, fulfillment, and positive social change.
Donors expect charities to be models of accountability and transparency. To accomplish accountability and transparency, sound internal controls are the foundation. This book is practical, offering easy-to-understand guidance for documenting internal controls and is a useful guide for how internal controls really should work.
Until recently, in general, audits of tax-exempt organizations by the IRS were infrequent—auditing colleges, universities, and hospitals, but examination activity of other exempt organizations was minimal. Not only has exempt organizations audit activity in general been on the increase; the IRS has been taking on entire nonprofit "industries" in an effort to revoke the tax-exempt status of all entities in the field. Examples of this are the massive audit efforts of credit counseling organizations and down payment assistance organizations.
This book presents a clear and structured way to manage the challenges of limited resources, competing demands, and the need for accountability while remaining true to a nonprofit's mission. It offers nonprofit leaders a proven model for making hard choices that minimize risks while maintaining progress toward the organization's goals as well as a practical framework for understanding and implementing the decision-making process.
This book is an essential guide to understanding the basics of nonprofit financial planning, written by a well-known and respected name in the field. It provides proven and practical techniques, easy-to-use tools and concepts to improve the financial management of nonprofits of every size and type.
This heads-up, hands-on guide helps audit committee members select and structure appropriate best practices and function in the most effective manner. It is also a valuable reference for board members, managers, independent auditors, and advisors to charities, covering issues of financial governance, audit committee structure, types and characteristics of charities, internal controls, and many more. Complete with checklists, sample questions, and an index for quick reference, this is a resource you will turn to often.
American Institute of Certified Public Accountants (2008)
The guide summarizes applicable requirements and practices, and delivers "how-to" advice for handling audit and accounting issues common to the not-for-profit industry. It describes accounting requirements for fair value measures, contributions, split-interest agreements, investments, net assets, expenses, and includes discussion of other relevant financial statement considerations.
We know the importance of being accountable in our personal and professional lives. Yet, few individuals or organizations have a system in place to ensure accountability. Without such a system, a crisis could develop that puts the organization's very survival at risk. Thompson helps nonprofits see the need to ensure accountability and take action, organizing in a way to avoid crisis and letting your ministry thrive.
Anyone who has been through a church building process knows all the headaches that come along with the process. Clements, an experienced pastor and businessman and now president of Church Extension Plan, helps you ask the key questions you never thought to ask so you can avoid the common pitfalls. Includes sections on defining the vision, building consensus, funding the project, and thinking through the master plan.
In his compelling way, Alcorn encourages Christians to understand that everything they believe they own is actually God's; they are merely managers. Readers are moved from thoughtful Bible exposition about stewardship into the personal areas of everyday life. The countercultural messages that "giving is the only antidote to materialism" and the "health and wealth gospel dishonors Christ" are important words to hear. Indeed, for many, this could be a life-changing book.
This is a practical, authoritative guide to not-for-profit GAAP. This Guide will keep you current on all of the latest standards for measurement, presentation, and disclosure for nonprofits.
An understandable, easy-to-follow, and up-to-date tax guide that explains complex tax concerns and offers advice to churches and nonprofit organizations. Issues of financial accountability, receiving and maintaining tax-exempt status, accounting for charitable gifts, and other crucial topics receive careful and full discussion. Includes expert advice on handling charitable gifts, sample policies and procedures, easy techniques for simplifying financial policies and procedures, insights on medical expense reimbursements, key steps in sound compensation planning, and examples of required IRS filings.
"If your organization is financially distressed, fix it, negotiate a merger, or file for dissolution. But do not continue perpetually in the Zone of Insolvency," writes author Ron Mattocks. According to Mattocks, approximately one-third of all nonprofits operate in perpetual financial distress. This creates significant liabilities and responsibilities for their governing boards. Based on over 30 years of experience in building financial strength for nonprofits, Mattocks sheds lights on this timely topic, making strong use of case studies. Each chapter ends with five penetrating questions for use at board meetings.
