How to Read Nonprofit Financial Statements download

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How to Read Nonprofit Financial Statements download

How to Read Nonprofit Financial Statements. Lee Klumpp

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Author: Lee Klumpp
Number of Pages: 160 pages
Published Date: 18 Jan 2017
Publisher: John Wiley & Sons Inc
Publication Country: New York, United States
Language: English
ISBN: 9781118976692
File size: 27 Mb
Download Link: How to Read Nonprofit Financial Statements
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Clear guidance with coverage of the new changes to the FASB standards Step-by-Step Guide to Reading Nonprofit Financial Statements clarifies FASB standards to help you quickly and easily understand the nonprofit's most important document. Expert authors help you navigate through the financial reports line by line, with clear explanation of FASB standards and their correct implementation. This new second edition has been updated to reflect recent updates to the standards, with insider guidance toward the changes that directly impact nonprofit financial statement preparation. The FASB's changes focus on the reporting model for the statement of activities, net asset classification, statement of cash flows, and disclosures, along with new footnote disclosures for improving statement relevance and understandability. This book explains both the new and existing standards with depth, clarity, and expert insight to give you a practical understanding of the nonprofit financial statement. Nonprofit accounting standards have remained more or less static for the past 20 years; recently, the FASB Nonprofit Accounting Committee agreed to a significant update, leaving organizations grasping for guidance toward interpretation and implementation. This book provides a much-needed resource for anyone parsing a nonprofit financial statement. * Get line-by-line guidance to each part of the financial statement * Assess financial information more quickly with deeper understanding * Reference step-by-step instructions for complex documents * Understand Financial Position, Activities, Cash Flow, and more The new standards are significant enough that even experienced nonprofit professionals would benefit from guidance, and the coverage in this book provides a versatile resource both for step-by-step instruction and quick reference. The Step-by-Step Guide to Reading Nonprofit Financial Statements is your essential reference for clarity and understanding.

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