Not-for-Profit Accounting Made Easy | Accra Metropolitan University

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Not-for-Profit Accounting Made Easy

Warren Ruppel - Personal Name;

Not-for-Profit Accounting Made Easy is a plain-language, easy to understand explanation of the various accounting and financial reporting practices of not-for-profit organizations. It is designed for all those individuals who have contact with these organizations—management and staff, board members (particularly audit committee members), consultants, donors, creditors—who should understand not-for-profit accounting but often do not. It is written for the nonaccountant, but those accountants who are unfamiliar with the nuances of not-for-profit accounting (or those who have grown a little rusty in the latest accounting pronouncements) and do not need an in-depth technical volume will also find it useful. There are over one million not-for-profit organizations in the United States. They exist in all sizes and for many purposes. They range from homeless shelters to country clubs, from child day care centers to colleges and universities, from local to international. One thing these organizations all have in common is that their finances are subject to a great deal of scrutiny. Since the publication of the first edition of this book, the accounting “industry” has undergone dramatic changes. Well-publicized accounting failures and frauds in large public companies led to the passage of the Sarbanes-Oxley Act of 2002. Although not applicable directly to not-for- profit organizations (except for some specific provisions that apply to all organizations with respect to protecting the rights of “whistle-blowers”), it is the trickle-down effect of these changes that have indirectly affected not-for- profit organizations. These changes will be discussed where applicable in this newly revised edition of this book, but there is no doubt that overall, not-for- profit organizations face increased scrutiny of their accounting and financial practices.

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Series Title: Not-for-Profit Accounting Made Easy
Call Number: -
Publisher: : ., 2007
Collation: 1-242
Language: English
ISBN/ISSN: 978-0-471-78979-6
Classification: NONE
Content Type: -
Media Type: -
Carrier Type: -
Edition: Second Edition
Subject(s): Accounting
Specific Detail Info: -
Statement of Responsibility: -

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