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OverviewSponsored by CompassPoint Nonprofit Services, formerly known as theSupport Center for Nonprofit Management/ Nonprofit DevelopmentCenter Nothing can be more important to an organization's health andsuccess than the quality of its financial reporting. Thiscomprehensive guide is for all nonprofits that are required tocomply with financial reporting standards set by the IRS andthirty-five state charity regulators (Form 990), FASB and AICPA(GAAP), grantmakers, and the like. It shows how to unify financialreporting requirements without compromising the organization'saccuracy and accountability. Full Product DetailsAuthor: Russy D. Sumariwalla (Formerly President and CEO United Way) , Wilson C. Levis (Director Nonprofit Management Group at City University of New York)Publisher: John Wiley & Sons Inc Imprint: Jossey-Bass Inc.,U.S. Dimensions: Width: 21.50cm , Height: 2.80cm , Length: 27.90cm Weight: 1.041kg ISBN: 9780787952136ISBN 10: 0787952133 Pages: 384 Publication Date: 06 September 2000 Audience: General/trade , Professional and scholarly , General , Professional & Vocational Format: Paperback Publisher's Status: Active Availability: Out of stock ![]() The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available. Table of ContentsFigures,Tables,Exhibits,and Worksheet. Foreword. Acknowledgments. The Authors. Technical Advisory Group. Participating Organizations. Introduction. PART 1: INTRODUCTION, OVERVIEW, AND PERSPECTIVE. 1 What Is a Not-for-Profit Organization? 2 America s Not-for-Profit Sector. 3 The Pivotal Role of IRS Form 990 in Financial Reporting. 4 Information Technology and Financial Reporting. PART 2: KEY BUILDING BLOCKS OF A UNIFIED FINANCIALREPORTINGSYSTEM. 5 Unified Chart of Accounts. 6 Activity-Level Accounting and Reporting forRevenue andExpenses. 7 Functionalized Trial Balance Report. 8 Allocation of Expenses. 9 Staff Time Recording and Reporting. PART 3: UNIFIED INTERNAL AND EXTERNAL FINANCIALREPORTS ALIGNED WITHFORM. 10 Financial Reports:Overview. 11 GAAP Financial Statements. 12 IRS Form 990 Financial Statements. 13 Uniform Government Grant Reports. 14 Corporate and Foundation Grant Budgeting and Reporting. 15 Reporting to United Ways and Other Grant Makers. 16 Financial Reporting for Internal Management Purposes. Conclusion. RESOURCESA IRS Form 990 and Schedule A for 1999. B Content of Unified Chart of Accounts by Account Number. C Cross-Referencing Your Not-for-Profit Organization s ChartofAccounts to the Unified Chart of Accounts:Cross-Reference Worksheetand Keyword Index. D Examples of Employee Time Sheets. E Summary of State Registration and Filing RequirementsforNot-for-Profit Organizations. F National Taxonomy of Exempt Entities:Activity Codes. G Voluntary Standard-Setting and Evaluation GroupsforNot-for-Profit Organizations. H A Brief History of Financial Accounting andReporting Standardsfor Not-for-Profit Organizations. I Accountability for Service Efforts and Accomplishments. J Selected Form 990 and Management andTechnical Assistance WebSites. Notes. Bibliography. Index.ReviewsProvide[s] management with a wide variety of information that was not previously available --Dennis F. Dycus, director, Office of the Comptroller of the Treasury, Division of Municipal Audit, State of Tennessee <br> In playing chess, the move that accomplishes several purposes is the strongest. This book does exactly that for nonprofits. It gives computer technology the ability to produce reports for funders, budget managers, governmental regulators, and taxing authorities, all from one set of financial data, input only once. --Charles Kirkland, former chair, AICPA Not-for-Profit Organizations Committee, and founder, Kirkland, Eckels & Co <br> Well-defined, relevant, and reliable guidelines that should enhance the quality and credibility of financial reports. --Kevin A. Kavanaugh, vice president, financial services, American Diabetes Association <br> Helps to simplify and align the federal/state record keeping and reporting. --James J. Caputo Sr., consultant, and chair, t ""Provide[s] management with a wide variety of information that wasnot previously available"" --Dennis F. Dycus, director, Office ofthe Comptroller of the Treasury, Division of Municipal Audit, Stateof Tennessee ""In playing chess, the move that accomplishes several purposes isthe strongest. This book does exactly that for nonprofits. It givescomputer technology the ability to produce reports for funders,budget managers, governmental regulators, and taxing authorities,all from one set of financial data, input only once."" --CharlesKirkland, former chair, AICPA Not-for-Profit OrganizationsCommittee, and founder, Kirkland, Eckels & Co ""Well-defined, relevant, and reliable guidelines that shouldenhance the quality and credibility of financial reports."" --KevinA. Kavanaugh, vice president, financial services, American DiabetesAssociation ""Helps to simplify and align the federal/state record keeping andreporting."" --James J. Caputo Sr., consultant, and chair, theGreater Washington Society of CPA's Not-For-Profit-OrganizationsCommittee ""As we move into the age of nonprofit financial transparency andinstant Web access to reporting documents. . . .it is imperativethat nonprofit practitioners, accountants, and lawyers understandand implement the concepts embodied in this guide."" --Arthur W.Schmidt, Jr., president, Philanthropic Research, Inc., andpublisher of the GuideStar Web site Provide[s] management with a wide variety of information that was not previously available --Dennis F. Dycus, director, Office of the Comptroller of the Treasury, Division of Municipal Audit, State of Tennessee <br> In playing chess, the move that accomplishes several purposes is the strongest. This book does exactly that for nonprofits. It gives computer technology the ability to produce reports for funders, budget managers, governmental regulators, and taxing authorities, all from one set of financial data, input only once. --Charles Kirkland, former chair, AICPA Not-for-Profit Organizations Committee, and founder, Kirkland, Eckels & Co <br> Well-defined, relevant, and reliable guidelines that should enhance the quality and credibility of financial reports. --Kevin A. Kavanaugh, vice president, financial services, American Diabetes Association <br> Helps to simplify and align the federal/state record keeping and reporting. --James J. Caputo Sr., consultant, and chair, the Greater Washington Society of CPA's Not-For-Profit-Organizations Committee <br> As we move into the age of nonprofit financial transparency and instant Web access to reporting documents. . . .it is imperative that nonprofit practitioners, accountants, and lawyers understand and implement the concepts embodied in this guide. --Arthur W. Schmidt, Jr., president, Philanthropic Research, Inc., and publisher of the GuideStar Web site Author InformationRUSSY D. SUMARIWALLA is former president and CEO of United WayInternational and has been a leader in the nonprofit sector forover thirty years. He is the author of several publications,including the first and second editions of United Way of America'sAccounting and Financial Reporting Guide. He was also the projectdirector for the 1988 edition of Standards of Accounting andFinancial Reporting for Voluntary Health and Welfare Organizations,also known as ""The Black Book."" WILSON C. LEVIS is manager of the Nonprofit Management Group in theSchool of Public Affairs, Baruch College, the City University ofNew York. He also serves as project manager for Baruch College'squality reporting projects. He is former vice president of theNational Charities Information Bureau. Tab Content 6Author Website:Countries AvailableAll regions |