Guide to Non-profits- From the Trenches: An Overview for Controllers, Treasurers, CPAs and CFOs - Softcover

Shanker CPA, Sheila G.

Softcover

ISBN 10: 1448697662 ISBN 13: 9781448697663

Publisher: CreateSpace Independent Publishing Platform, 2009

Synopsis

Don't let non-profit accounting get the best of you. You can tame it! My book can help you navigate the non-profit organization with ease and confidence. It not only covers accounting issues, but also government grant management, internal controls and financial reporting. "Net assets" are demystified and "releases from restriction" are explained in detail with real life tips and ideas. Revenues, such as donations and endowments, are covered along with in-kind contributions. Grant management, covering OMB Circulars A-110, A-122, and A-133 are illustrated with real life examples. This book can help you understand nonprofits financial statements. An entire chapter covers the "Statement of Financial Position", the "Statement of Activities ", and the "Statement of Functional Expenses" in detail and with examples. Not to forget the "Statement of Cash Flows", also included. Internal controls issues specifically about cash/revenues and accounts payable/expenses are discussed. The text also describes how to set up charts of accounts and tax issues of non-profits.

About this title

About the Author:

Sheila Shanker is a CPA and MBA based in Culver City in sunny Southern California. Sheila's long experience in the non-profit sector has given her the inside track of what non-profits are really like and what the finance professional must know. She is the Finance Chairperson for the Brazil California Chamber of Commerce. As a consultant, Sheila has helped many organizations in their finance, accounting and MIS issues. She works as a CFO-Controller-consultant with proven expertise in internal controls, re-organization of finance departments, hiring, training, improving work-flow and overall leadership in the finance area. Dedicated to education, she's a "recognized instructor" with the University of Liverpool, U.K., where she teaches MBA courses online. You can visit Sheila Shanker's website at www.webshanker.com , where you can contact her and learn more about her background and experience. You can also contact her directly at Sheila@webshanker.com.

Review:

Knowing regular accounting will only get you so far when it comes to nonprofit accounting, but if you're interested in jumping in, Guide to Non-profits - From the Trenches is a good place to start. Written by a CPA with extensive experience in the field, it gives financial professionals an insider's view of what they must know about nonprofits. Starting with what, exactly, nonprofits are, the book then covers the basics of nonprofit accounting, dealing with revenue and government grants, nonprofit financial statements, tax and internal control issues, and more. --Accounting Today

About this edition

• Publisher: CreateSpace Independent Publishing Platform
• Publication date: 2009
• ISBN 10: 1448697662
• ISBN 13: 9781448697663
• Binding: Paperback
• Number of pages: 202