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| About the authors | |
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| Contributors | |
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| Preface | |
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| Introduction Including the FASB Codification | |
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| Responsibilities for Fiscal Management | |
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| Keeping Financial Records for the Organization | |
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| Preparing Accurate and Meaningful Financial Statements | |
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| Implementing a Budget and Anticipating Financial Problems | |
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| Safeguarding Financial Assets and Providing Effective Internal Controls | |
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| Complying with Federal and State Reporting and Regulatory Requirements | |
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| Communicating Fiscal Information to the Board of Directors and the Audit Committee | |
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| Ten Key Points to Consider in Not-for-Profit Fiscal Management | |
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| Conclusion | |
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| Key Financial Concepts | |
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| Accounting Distinctions between Not-for-Profit and Commercial Organizations | |
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| Stewardship versus Profitability | |
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| Principal Areas of Accounting Differences | |
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| Conclusion | |
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| Cash- versus Accrual-Basis Accounting | |
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| Cash and Accrual Statements Illustrated | |
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| Combination Cash Accounting and Accrual Statements | |
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| Modified Cash Basis | |
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| Legal Requirements | |
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| Conclusion | |
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| Fund Accounting and Internal Financial Reporting | |
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| Fund Accounting Defined | |
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| Categories of Funds | |
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| Alternative Fund Groupings | |
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| Typical ��Fund�� Financial Statements | |
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| Fixed Assets and Depreciation | |
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| Investment Income, Gains and Losses, and Endowment Funds | |
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| Affiliated Organizations, Pass-Through Transactions, and Mergers | |
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| Factors to Be Considered in Deciding Whether a Pass-Through Gift Is Truly Revenue and Expense to a Pass-Through Entity | |
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| Transfers of Assets to a Not-for-Profit Organization or Charitable Trust That Raises or Holds Contributions of Others | |
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| Factors Related to Control That May Indicate That an Affiliated Organization (A) Should Be Combined with the Reporting Organization (R), If Other Criteria for Combination Are Met | |
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| Contributions, Pledges, and Noncash Contributions | |
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| Checklist: Factors to Be Considered in Deciding Whether a Particular Gift (for Operating Purposes) Should Be Classified as Purpose-Restricted or Not | |
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| Checklist: Factors to Be Considered in Distinguishing Contracts for the Purchase of Goods or Services from Restricted Grants | |
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| Checklist: Factors to Be Considered in Assessing Whether Contributed Services Are Considered to Require Specialized Skills | |
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| Checklist: Factors to Be Considered in Determining Whether an Organization Would Typically Need to Purchase Services If Not Provided by Donation | |
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| Checklist: Factors to Be Considered in Assessing Whether a Donor Has Made a Bona Fide Pledge to a Donee | |
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| Checklist: Factors to Be Considered in Deciding Whether a Gift or Pledge Subject to Donor Stipulations Is Conditional or Restricted | |
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| Accounting Issues Relating to Fundraising | |
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| Cash-Basis Financial Statements | |
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| Accrual-Basis Financial Statements | |
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| Financi | |
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| Financial Statemen | |
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| Definition of a Go | |
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| Accounting Guidanc | |
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| Clubs | |
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| Libraries | |
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| Museums | |
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| Performing Arts Or | |
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| Controlling the | |
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| Small Organi | |
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| Small Organiza | |