Название: Nonprofit Bookkeeping & Accounting For Dummies, 2nd Edition Автор: Maire Loughran Издательство: For Dummies Год: 2024 Страниц: 387 Язык: английский Формат: pdf (true) Размер: 10.2 MB
Beginner-friendly information you need to successfully manage finances in a not-for-profit organization.
Nonprofit Bookkeeping & Accounting For Dummies is a helpful guide for anyone who is responsible for financial and accounting operations in nonprofit organizations or needs to read and understand a nonprofit financial statement. It includes information on the basics of nonprofit bookkeeping, general nonprofit accounting principles, basic financial statements, and specific laws and regulations that govern the accounting of nonprofit organizations. With the simple guidance in this book, you'll learn how to keep accurate books in accordance with state and federal laws, even if your professional background isn't in finance.
Counting the money in your wallet or purse is an act of accounting. And if you ever make a note of how much you have, you’re performing a bookkeeping function. You count things all the time in everyday life without thinking twice about accounting. For example, you count the plates before setting the table at home. You count the number of emails you receive while you’re out of the office. Even a gesture such as looking at your watch and thinking about how much time you have before your next appointment is a form of accounting.
Bookkeeping and accounting involve general accounting, cost accounting, budgeting, and internal auditing. Even though your organization is a nonprofit, these services are essential parts of your daily activities. Adjacent to bookkeeping and accounting tasks and important for most nonprofits are external auditing, tax return preparation, and management advisory services.
In the wake of increasing nonprofit accountability, understanding how to track and account for the everyday activities of your nonprofit is important. Keeping the books for a nonprofit is exciting. Getting federal grant money to fund your programs relieves financial stress. Getting a clean bill of health from your financial audit adds credibility.
• Learn the basics of bookkeeping and accounting, including common terminology • Choose the right accounting methods and software for your organization • Apply for, track, and account for federal grants and other grant money • Set up payroll accounts, complete tax forms, and navigate the audit process
Nonprofit Bookkeeping & Accounting For Dummies is the perfect, easy-to-use resource for nonprofit managers and volunteers who need to learn complex rules and regulations that govern nonprofit accounting and bookkeeping procedures.
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Nonprofit Bookkeeping & Accounting For Dummies, 2nd Edition 
