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Not-for-Profit Accounting Made Easy
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Binding: Hardcover
Dewey Decimal Number: 657.98
EAN: 9780471206798
Edition: 1
ISBN: 0471206792
Label: Wiley
Manufacturer: Wiley
Number Of Items: 1
Number Of Pages: 252
Publication Date: March 15, 2002
Publisher: Wiley
Studio: Wiley
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Editorial Review:
A practical, introductory guide to the fundamentals of not-for-profit accounting
Not-for-Profit Accounting Made Easy focuses on accounting fundamentals for those who run financial and accounting operations in not-for-profit organizations but do not have a professional understanding of accounting principles and financial reporting. It explains complex accounting rules in terms nonaccountants can easily understand in order to help them better fulfill their managerial and fiduciary duties. Always practical and never overtechnical, this helpful guide conforms to FASB and AICPA standards and: - Shows how to read and understand a not-for-profit financial statement
- Explains financial accounting and reporting standards
- Helps managers and other nonaccountants become conversant in the rules and principles of accounting
- Updates board members, executive directors, and other senior managers on the accounting basics they should know for day-to-day operations
- Features tables, exhibits, and charts that illustrate the content in a simple and easy-to-understand manner
Suitable for fundraising managers and executives-as well as anyone who needs to read and understand a not-for-profit financial statement-this is the ultimate not-an-accountant's guide to not-for-profit accounting.
Customer Reviews
Average Rating: 
Rating: - Not bad but not indispensible
I purchased this book in to prepare myself for a change of career, hopefully moving from the for-profit to the not-for-profit world. Having worked as an accountant for many years, this book was challenging but useful. I would definitely NOT recommend it for the neophyte in the accounting world.
One of my pet peeves is books which have numerous typos. Having read the second edition of this book, I found way too many typos to be acceptable. This forces the reader to try to figure ... Read More
Rating:  - Better than college textbooks
The author wrote this book assuming that non-financial people need to understand accounting, making this easy to read and understandable. Having gone through a college course on accounting, and being forced to use three other books (which were also worthless), I only wished I read this book first. Although it's designed for not-for-profit organizations, it explains the differences with for-profit organizations, and explains why certain things can be done, or can't be done. For anyone who is starting ... Read More
Rating:  - small non-profit organization treasurer
This book is not for bookkeepers. It is more for accountants who want to understand non-profit accounting. If a bookkeeper needs to know the proper day to day and month to month entries for this kind of organization, than this book is not for you.
However, if you are an accountant, you may be able to glean good information about the basic philosophy of non-profit organizations, such as account set-up and reporting.
Rating: - Soporific and Overly Wordy.
Reads like a law textbook. Author often uses three sentences where one would do. Much ink is wasted telling the reader "we won't go into that here, but Chapter "X" deals exclusively with that." Concepts are understandable for those with an accounting background, but definitely would not recommend to someone without a solid grasp of accounting fundamentals. Author should have hired a writer to help him smooth out his writing style. Not recommended.
Rating:  - Accounting Made Difficult
If you are looking for a straightforward, easy-to-read explanation of not-for-profit accounting, keep looking. I ordered this book recently and while the first chapter provides some useful defintions, the rest of the book is mind-numbing. In fact, I gave up after chapter 3. If you have to re-read paragraphs two and three times to understand what the author is trying to say, then it's not "accounting made easy."
In addition, the examples of financial statements only offer "XXX" ... Read More
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