Audit and Accounting Guide

Audit and Accounting Guide

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  • Author: AICPA
  • Publisher: John Wiley & Sons
  • ISBN: 1950688313
  • Category : Business & Economics
  • Languages : en
  • Pages : 768

From financial reporting to revenue recognition to grants and contracts to auditor report changes, you have a lot going on in the not-for-profit financial arena right now. Whether you're already an expert in NFP audit and accounting standards or just getting started, this is the practical guidance you need. This must-have resource for nonprofits accounting and auditing professionals is an essential reference that will assist you with the unique aspects of accounting and financial statement preparation and auditing for not-for-profit entities. It will help you with the following Understand and implement recent updates and changes, including those related to financial reporting, revenue recognition, and grants and contracts Gain a full understanding of the accounting issues unique to not-for-profit entities Assist in the implementation of auditor report changes.


Not-for-Profit Entities 2020

Not-for-Profit Entities 2020

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  • Author: AICPA
  • Publisher: John Wiley & Sons
  • ISBN: 1119743036
  • Category : Business & Economics
  • Languages : en
  • Pages : 96

This Not-for-Profit Industry Development Audit Risk Alert shows changes on the horizon as well as current business environment issues and accounting and auditing challenges such as: Cybersecurity and outsourcing Implementation of FASB's revenue recognition standards Changes to the auditor’s report Preparation for FASB’s leases and other accounting standards updates Delivered in an easily digestible format, this alert also covers legislative and regulatory issues like the unrelated business income tax and changes to IRS Form 990-T as well as a discussion of the Department of Labor’s overtime rule.


Checklists and Illustrative Financial Statements

Checklists and Illustrative Financial Statements

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  • Author: AICPA
  • Publisher: John Wiley & Sons
  • ISBN: 1950688453
  • Category : Business & Economics
  • Languages : en
  • Pages : 240

Financial statement preparation for not-for-profit entities can be complex. Whether preparing or auditing them, accountants will find the tools they need in this helpful resource. This checklist contains the most comprehensive financial reporting and disclosure guidance available, plus a complete set of illustrative financial statements to assist you in understanding and applying standards like ASU 2018-08, and 2014-09. New in 2020: revenue recognition grants and contracts


Not-for-Profit Entities

Not-for-Profit Entities

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  • Author: AICPA
  • Publisher: John Wiley & Sons
  • ISBN: 1948306980
  • Category : Business & Economics
  • Languages : en
  • Pages : 277

This valuable resource provides financial statement presentation and disclosure examples illustrating U.S. GAAP compliance for the topics most frequently encountered by preparers of financial statements for not-for-profits (NFPs) by drawing from the audited financial statements of an assortment of NFP entities. Intended for use as a tool to help you create and verify the format and accuracy of your company's or clients' financial statements, this resource walks you through the most common presentations used by other nonprofits for challenges such as noncash gifts, donor-imposed restrictions, and functional expenses. The 2019 edition illustrates the most important, immediate, and challenging disclosures, including: Net asset classes and donor-imposed restrictions Investments, derivatives, endowments, and UPMIFA Liquidity and availability of resources Liabilities, including split-interest agreements and pension plans Contributions and revenue recognition, including grants, contracts, gifts in kind, interests in trusts, and other receivables Analysis of expenses by function and nature Fair value measurements and use of estimates Income taxes and uncertain tax positions for tax-exempt entities Measure of operations and joint costs


Not-for-profit Entities

Not-for-profit Entities

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  • Author: American Institute of Certified Public Accountants. Not-for-Profit Entities Expert Panel and Guide Task Force
  • Publisher:
  • ISBN: 9781937351977
  • Category : Charities
  • Languages : en
  • Pages : 593


Wiley GAAP 2020

Wiley GAAP 2020

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  • Author: Joanne M. Flood
  • Publisher: John Wiley & Sons
  • ISBN: 1119652677
  • Category : Business & Economics
  • Languages : en
  • Pages : 2135

The most comprehensive guide to FASB Codifications, updated with the latest pronouncements Wiley GAAP 2020 is the essential resource for US GAAP implementation. Covering all codifications by the Financial Accounting Standards Board (FASB) - including the latest updates - this book provides clear explanations and practical examples for real-world application of these dynamic guidelines. Each chapter includes relevant sources of GAAP and expert guidance on interpretation, terminology, relevant concepts, and applicable rules, while in-depth discussion on the issues surrounding specific pronouncements offers informative perspective for a variety of scenarios. Staying up-to-date with constantly-evolving guidelines is a challenge. Wiley GAAP 2020 provides the guidance, insight, and perspective accounting professionals need to ensure accurate and up-to-date GAAP implementation.


Government and Not-for-Profit Accounting

Government and Not-for-Profit Accounting

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  • Author: Michael H. Granof
  • Publisher: John Wiley & Sons
  • ISBN: 1119803896
  • Category : Business & Economics
  • Languages : en
  • Pages : 868

Government and Not-for-Profit Accounting: Concepts and Practices, 9th Edition delivers a comprehensive exploration of accounting and reporting standards and practices. Fully compliant with the latest changes in the GASB, FASB, and AICPA, this practical text encourages critical thinking about the rationale behind the rules and regulations. Issues of critical importance to the public and not-for-profit sectors are discussed at length.


Money Matters for Nonprofits

Money Matters for Nonprofits

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  • Author: Melisa F. Galasso, CPA
  • Publisher: Greenleaf Book Group
  • ISBN: 1632995921
  • Category : Business & Economics
  • Languages : en
  • Pages : 335

You serve on a nonprofit board to make a big impact. You know that a nonprofit must be financially well to do the most good. If you’re not a numbers person, or it’s been a while since you’ve worked with numbers, you may find financial statements hard to decipher. Money Matters for Nonprofits demystifies financial statements and basic accounting to empower you in your role as nonprofit board member. ​A CPA with nearly twenty years of experience in the accounting profession, Melisa Galasso is the founder and CEO of Galasso Learning Solutions LLC. A natural teacher, Melisa designs and facilitates accounting and auditing courses, including not-for-profit accounting. In Money Matters for Nonprofits, Melisa makes complex topics easy to understand with lots of examples and clear explanations of how financial statements work. With this resource at your fingertips, you as a board member will feel equipped to better advise your nonprofit and make an even greater difference in the world.


Research Handbook on Nonprofit Accounting

Research Handbook on Nonprofit Accounting

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  • Author: Daniel Tinkelman
  • Publisher: Edward Elgar Publishing
  • ISBN: 1800888287
  • Category : Business & Economics
  • Languages : en
  • Pages : 449

Bringing together a diverse team of renowned accounting scholars, this incisive Research Handbook presents a comprehensive evaluation of current research on nonprofit accounting, noting its major accomplishments and outlining opportunities for future study.


Wiley Not-for-Profit GAAP 2020

Wiley Not-for-Profit GAAP 2020

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  • Author: Richard F. Larkin
  • Publisher: John Wiley & Sons
  • ISBN: 1119595932
  • Category : Business & Economics
  • Languages : en
  • Pages : 576

Ensure that your not-for-profit accounting is airtight for 2020 Not-for profit organizations have unique characteristics, so they must adhere to a specific set of generally accepted accounting principles (GAAP). Wiley Not-For-Profit GAAP 2020 provides practical guidance on how to identify and apply the relevant standards. This guide is indispensable for professionals responsible for preparing and auditing not-for-profit accounts. You will learn how to interpret the relevant accounting principles and how to apply them, all while minimizing unnecessary effort and eliminating potentially costly errors. This comprehensive yet concise text thoroughly examines the latest standards for measurement, presentation, and disclosure related to not-for-profits. It covers the Financial Accounting Standards Board (FASB) Accounting Standards Codification, all relevant Accounting Standards Updates, and other guidance that applies to not-for-profit organizations, particularly that of the American Institute of Certified Public Accountants (AICPA). With this unrivalled reference tool, your not-for-profit GAAP questions are answered. Easily understand the latest not-for-profit GAAP with visual aids, including flowcharts, diagrams, and illustrations Navigate complex requirements and ensure completeness of GAAP disclosures Stay current with all not-for-profit accounting pronouncements, including FASB, AICPA, and more Enjoy practical, user-friendly guidance on applying the relevant accounting standards in your not-for-profit organization With Wiley Not-For-Profit GAAP 2020, you can be assured you have the most current, comprehensive accounting information that applies to nonprofit organizations. Stay in compliance and ensure timely, accurate reporting with this authoritative volume.