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List of Exhibits | |
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Preface | |
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Acknowledgments | |
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The Authors | |
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Introduction | |
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Cash Flow Management: Overview | |
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The Importance of Proper Cash Flow Management | |
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How Can Nonprofits Benefit from Effective Cash Flow Management? | |
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What Issues Are Important in Cash Flow Management? | |
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Who Will Benefit from a Better Understanding of Cash Flow Management? | |
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Who Should Be Involved in Cash Flow Management? | |
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An Example | |
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Types of Nonprofit Income: Financial and Cash Flow Management Considerations | |
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Classifying Income | |
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Managing Donated Income and Resources | |
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Managing Earned Income | |
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Managing Asset-Generated Income | |
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Which Chapters in This Book Are Most Relevant to Your Organization? | |
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Cash Flow Management and Internal Controls: An Overview | |
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The Control Environment | |
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Cash Receipts | |
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Receivables | |
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Cash Disbursements | |
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Petty Cash | |
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Bonding | |
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Investments | |
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Payroll | |
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Inventory | |
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Property and Equipment | |
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Using Policies, Forecasts, Budgets, Strategies, and Technology to Improve Cash Flow Management | |
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Cash Flow Policy and Procedure Development | |
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General Guidelines for Policy Development | |
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Characteristics of Effective Policies | |
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Policies Related to Cash Flow Planning and Management | |
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Operating Budgets in Cash Flow Management | |
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Operating Budgets: Basic Concepts | |
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Overview of Budgeting | |
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Budgeting Strategies | |
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Budgeting Calendars | |
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Budgeting Goals, Guidelines, Policies, and Procedures | |
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Cash Flow Forecasting | |
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Fundamentals of Cash Flow Forecasting | |
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Cash Flow Forecasting Based on the Operating Budget | |
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Short-Term Cash Flow Forecasting | |
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Periodic Review of the Cash Flow Forecast | |
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Corrective Actions for Forecasted Cash Shortages | |
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Cash Flow Reporting, Monitoring, and Analysis | |
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Cash Receipts and Disbursements Reports | |
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Variance Reports | |
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Strategies for Improving Cash Flow Management | |
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Income Improvement Strategies | |
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Working Capital, Liquidity, and Financial Flexibility Strategies | |
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Investment Strategies | |
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Banking Strategies | |
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General Cash Flow Improvement Strategies | |
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Solutions for Short-Term Negative Cash Flow Problems | |
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Solutions for Serious Cash Flow Problems | |
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Effective Ongoing Cash Flow Management | |
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Special Topics on Cash Flow Improvement | |
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Cash Flow Planning and Budgeting for Capital Projects | |
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Evaluating Your Organization's Operating Environment | |
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Evaluating Economic Variables | |
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Evaluating Capital Projects | |
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Financing Capital Projects | |
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Cash Flow Technology | |
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Technology as an Ongoing Concern | |
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Key Considerations in Technology Upgrades | |
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Cash Flow Technology and the Internet | |
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Additional Considerations for Using Technology to Improve Cash Flow | |
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Specific Cash Flow Management Strategies for Various Types of Income | |
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Program Service Income | |
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Effective Policies and Procedures | |
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Cash Flow Forecasting and Planning | |
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Cash Flow Reporting, Monitoring, and Analysis | |
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Cash Flow Technology Issues | |
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Additional Considerations | |
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Income from Sales of Inventory | |
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Effective Policies and Procedures | |
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Cash Flow Forecasting and Planning | |
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Cash Flow Reporting, Monitoring, and Analysis | |
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Cash Flow Technology Issues | |
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Additional Considerations | |
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Income from Contributions | |
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Effective Methods for Soliciting Contributions | |
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Cash Flow Forecasting and Planning | |
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Cash Flow Reporting, Monitoring, and Analysis | |
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Cash Flow Technology Issues | |
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Additional Considerations | |
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Income from Grants | |
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Private Sector Grants | |
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Government Grants | |
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Cash Flow Forecasting, Planning and Grant Budgeting | |
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Cash Flow Reporting, Monitoring, and Analysis | |
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Cash Flow Technology Issues | |
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Additional Considerations | |
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Interest, Dividend, and Royalty Income | |
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Interest | |
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Dividends | |
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Royalties | |
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Cash Flow Forecasting and Planning | |
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Cash Flow Reporting, Monitoring, and Analysis | |
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Cash Flow Technology Issues | |
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Additional Considerations | |
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Income from Membership Dues | |
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Opportunities and Considerations | |
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Cash Flow Forecasting and Planning | |
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Cash Flow Reporting, Monitoring, and Analysis | |
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Cash Flow Technology Issues | |
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Additional Considerations | |
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Income from Special Events | |
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The Role of Special Events in Cash Flow Management | |
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Special-Event Planning | |
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Cash Flow Forecasting and Planning | |
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Cash Flow Reporting, Monitoring, and Analysis | |
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Cash Flow Technology Issues | |
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Additional Considerations | |
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Real Estate and Rental Income | |
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Challenges and Considerations | |
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Cash Flow Forecasting and Planning | |
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Cash Flow Reporting, Monitoring, and Analysis | |
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Cash Flow Technology Issues | |
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Additional Considerations | |
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Income from Sales of Assets | |
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Sales of Various Types of Assets | |
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Cash Flow Forecasting and Planning | |
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Cash Flow Reporting, Monitoring, and Analysis | |
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Cash Flow Technology Issues | |
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Additional Considerations | |
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Putting It All Together | |
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Your Cash Flow Management Plan in Action | |
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Sample Cash Flow Improvement Plan: Overview | |
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Sample Cash Flow Improvement Plan: Step-by-Step Guide | |
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Conclusion | |
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Collaboration | |
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Flexibility | |
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Information and Knowledge | |
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Forethought, Planning, and an Orientation Toward the Future | |
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Practical Cash Flow Management Resources | |
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Sample Cash Flow Reports and Forms | |
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Sample Grant Checklist for Cash Flow Planning and Management | |