This title provides the tools necessary to go beyond the theory and create value-added services for accountants’ clients. In the not-for-profit arena. This book allows readers to examine, evaluate, and perform case studies, which will enhance their working knowledge of fundamental not-for-profit accounting and reporting, presentation requirements, note disclosures unique to not-for-profits, and options allowed under generally accepted accounting principles.
Key topics include:
- Financial statement presentation, including FASB's financial reporting standard
- Statement of activities
- Statement of financial position and statement of cash flow
- Note disclosures
- Contribution concepts
- Functional expense and allocation of costs
- Endowments
- Operating versus non-operating
- Split interest agreements and beneficial trusts
- Agency transactions
- Programmatic investments
- Common financial statement mistakes
Table of Contents
Case Study 1 1-1
The Big Picture 1-1
Case Study 2 2-1
Statement of Activities 2-1
Case Study 3 3-1
Statement of Financial Position and Statement of Cash Flows 3-1
Case Study 4 4-1
Note Disclosures 4-1
Case Study 5 5-1
Contribution Concepts 5-1
Case Study 6 6-1
Contribution Versus Exchange Transactions 6-1
Case Study 7 7-1
Contributed Services, Facilities, and Gifts In-Kind 7-1
Case Study 8 8-1
Collections 8-1
Case Study 9 9-1
Functional Expenses and Allocation of Costs 9-1
Case Study 10 10-1
Endowments 10-1
Case Study 11 11-1
Operating Versus Non-operating 11-1
Case Study 12 12-1
Split-Interest Agreements and Beneficial Trusts 12-1
Questions 12-3
Case Study 13 13-1
Relationships With Other Entities 13-1
Relationships with other NFPs 13-2
Relationship with for-profit entities 13-5
Consolidated financial statements 13-7
Case Study 14 14-1
Agency Transactions 14-1
Case Study 15 15-1
Programmatic Investments 15-1
Case Study 16 16-1
Common Financial Statement Mistakes 16-1
Glossary Glossary 1
Index Index 1
Solutions Solutions 1
Case study 1 Solutions 1
Case study 2 Solutions 1
Case study 3 Solutions 2
Case study 4 Solutions 3
Case study 5 Solutions 4
Case study 6 Solutions 5
Case study 7 Solutions 5
Case study 8 Solutions 6
Case study 9 Solutions 7
Case study 10 Solutions 8
Case study 11 Solutions 8
Case study 12 Solutions 9
Case study 13 Solutions 9
Case study 14 Solutions 10
Case study 15 Solutions 11
Case study 16 Solutions 11
Case Study Solutions Case Study Solutions 1
Case study 1 Case Study Solutions 1
Case study 2 Case Study Solutions 2
Case study 3 Case Study Solutions 3
Case study 4 Case Study Solutions 3
Case study 5 Case Study Solutions 5
Case study 6 Case Study Solutions 7
Case study 7 Case Study Solutions 7
Case study 8 Case Study Solutions 9
Case study 9 Case Study Solutions 10
Case study 10 Case Study Solutions 10
Case study 11 Case Study Solutions 11
Case study 12 Case Study Solutions 12
Case study 13 Case Study Solutions 13
Case study 14 Case Study Solutions 13
Case study 15 Case Study Solutions 14
Case study 16 Case Study Solutions 15
