{"product_id":"model-policies-and-procedures-for-not-for-profit-organizations-isbn-9780470171301","title":"Model Policies and Procedures for Not-for-Profit Organizations","description":"What every not-for-profit must know about accounting, tax, and reporting requirements\u003cbr\u003e \u003cbr\u003e In the challenging world of not-for-profit management, executives are held responsible for virtually every aspect of their organization's activities, such as legal issues, marketing, lobbying, editorial, membership operations, budgeting, and, of course, finance. For one person to be an authority in every area, however, is virtually impossible.\u003cbr\u003e \u003cbr\u003e Completely revised and expanded, the Fourth Edition of this invaluable tool is useful as a guide to nonprofit accountants, financial managers, and executives new to the area of financial management. Addressing the accounting, internal control, and office administration issues that confront executives in nonprofit organizations, this book:\u003cbr\u003e * \u003cbr\u003e \u003cbr\u003e Helps professionals develop formal policies in accounting and finance\u003cbr\u003e * \u003cbr\u003e \u003cbr\u003e Shows how to strengthen an organization's financial procedures while assuring board members that they are meeting fiduciary responsibilities\u003cbr\u003e * \u003cbr\u003e \u003cbr\u003e Provides more than 200 sample policies and forms both in the book and on the accompanying Web site offering downloadable and customizable versions of those forms\u003cbr\u003e * \u003cbr\u003e \u003cbr\u003e Covers major topics including accounting and financial policies, office administration policies, and internal control and risk reduction policies\u003cbr\u003e * \u003cbr\u003e \u003cbr\u003e Contains dozens of new model accounting and financial policies and forms, covering Sarbanes-Oxley issues, codes of ethics, identity theft, fraud, binding arbitrations, compensation committees, new bank rules, fiduciary obligations of board members, and many more topics\u003cbr\u003e \u003cbr\u003e \u003cbr\u003e Model Policies and Procedures for Not-for-Profit Organizations, Fourth Edition offers provocative strategies for financial management and serves as a road map to sound fiscal and organizational structure for nonprofit organizations. \u003cp\u003eList of Forms xvii\u003c\/p\u003e \u003cp\u003eAbout the Author xxi\u003c\/p\u003e \u003cp\u003ePreface xxiii\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 1 Internal Financial Statement Formats 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eStatement of Financial Position 2\u003c\/p\u003e \u003cp\u003eConsolidated Statement of Unrestricted Activities 4\u003c\/p\u003e \u003cp\u003eStatement of Unrestricted Activities by Function 5\u003c\/p\u003e \u003cp\u003eStatement of Temporarily Restricted Activities 6\u003c\/p\u003e \u003cp\u003eStatement of Permanently Restricted Activities 6\u003c\/p\u003e \u003cp\u003eStatement of Changes in Net Assets 6\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 2 Chart of Accounts 7\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChart of Accounts Issuance Form 8\u003c\/p\u003e \u003cp\u003eAssets 9\u003c\/p\u003e \u003cp\u003eClearing Accounts 12\u003c\/p\u003e \u003cp\u003eLiabilities 13\u003c\/p\u003e \u003cp\u003eNet Assets 14\u003c\/p\u003e \u003cp\u003eRevenues 15\u003c\/p\u003e \u003cp\u003eExpenses 18\u003c\/p\u003e \u003cp\u003eFunctions 22\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 3 The Policies and Procedures Manual 23\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eImportant Note: The sample policies and procedures found in Section 3 (Parts 1 through 6) are also available in MS Word format on a Web site designed for this book:\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 1 Accounting and Financial Policies 25\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAccounting and Financial Interns 25\u003c\/p\u003e \u003cp\u003eAccounting Computer File Back-Up Procedure 26\u003c\/p\u003e \u003cp\u003eAccounting Information Releases 28\u003c\/p\u003e \u003cp\u003eAccounting Method 28\u003c\/p\u003e \u003cp\u003eAccounts Payable Accruals 29\u003c\/p\u003e \u003cp\u003eAccounts Receivable Write-Off Procedures and Authority (Bad Debts Procedures) 29\u003c\/p\u003e \u003cp\u003eAmortization 31\u003c\/p\u003e \u003cp\u003eAnnual Leave Accrual 32\u003c\/p\u003e \u003cp\u003eBoard-Designated Funds 32\u003c\/p\u003e \u003cp\u003eBudget 33\u003c\/p\u003e \u003cp\u003eBudget and Finance Committee 33\u003c\/p\u003e \u003cp\u003eCancellation of Purchase Order 34\u003c\/p\u003e \u003cp\u003eCapitalization Cutoff Points 36\u003c\/p\u003e \u003cp\u003eChart of Accounts 36\u003c\/p\u003e \u003cp\u003eCheck Imprinter Machine 38\u003c\/p\u003e \u003cp\u003eCheck Preparation and Mailing 38\u003c\/p\u003e \u003cp\u003eClearing Accounts 38\u003c\/p\u003e \u003cp\u003eCollection Procedures 39\u003c\/p\u003e \u003cp\u003eContributions 41\u003c\/p\u003e \u003cp\u003eCPA Firms: Audited Financial Statements 41\u003c\/p\u003e \u003cp\u003eCPA Firms: The Engagement Letter 44\u003c\/p\u003e \u003cp\u003eCPA Firms: The Management Letter 44\u003c\/p\u003e \u003cp\u003eCPA Firms: Selection of Firm 47\u003c\/p\u003e \u003cp\u003eCPA Firms: Use of Other Firms 47\u003c\/p\u003e \u003cp\u003eCredit Card Receipts 48\u003c\/p\u003e \u003cp\u003eDate and Time Received Stamp 48\u003c\/p\u003e \u003cp\u003eDeferred Revenues 49\u003c\/p\u003e \u003cp\u003eDeposit of Receipts 49\u003c\/p\u003e \u003cp\u003eDepreciation 50\u003c\/p\u003e \u003cp\u003eDiscounts Lost 50\u003c\/p\u003e \u003cp\u003eDiscounts on Accounts Receivable 51\u003c\/p\u003e \u003cp\u003eDonated Property 51\u003c\/p\u003e \u003cp\u003eEndowment Funds 53\u003c\/p\u003e \u003cp\u003eExpense Reimbursements—Chief Staff Executive 53\u003c\/p\u003e \u003cp\u003eFinance Department Employee Orientation 54\u003c\/p\u003e \u003cp\u003eFinancial Statement Preparation and Distribution 54\u003c\/p\u003e \u003cp\u003eGrants and Contracts 55\u003c\/p\u003e \u003cp\u003eHolding Funds for Other Organizations 55\u003c\/p\u003e \u003cp\u003eInventory: Give-Aways 55\u003c\/p\u003e \u003cp\u003eInventory: Receiving 57\u003c\/p\u003e \u003cp\u003eInventory Valuations 57\u003c\/p\u003e \u003cp\u003eInventory: Write-Off 58\u003c\/p\u003e \u003cp\u003eInvestment Policy 60\u003c\/p\u003e \u003cp\u003eIRS Forms: Form 990-T 62\u003c\/p\u003e \u003cp\u003eIRS Forms: Form 1099 62\u003c\/p\u003e \u003cp\u003eJournal Entries 64\u003c\/p\u003e \u003cp\u003eLeasehold Improvements 66\u003c\/p\u003e \u003cp\u003eLeases 66\u003c\/p\u003e \u003cp\u003eLoans\/Lines of Credit 67\u003c\/p\u003e \u003cp\u003eLobbying Expenditures 67\u003c\/p\u003e \u003cp\u003eLong-Term Debt 67\u003c\/p\u003e \u003cp\u003eMonthly Budget Meetings 68\u003c\/p\u003e \u003cp\u003eNondeductibility of Dues 68\u003c\/p\u003e \u003cp\u003eNondistribution of Earnings 69\u003c\/p\u003e \u003cp\u003eNonsuffi cient Funds Checks 69\u003c\/p\u003e \u003cp\u003eOccupancy Expenses 71\u003c\/p\u003e \u003cp\u003eOptional Proxy Tax 71\u003c\/p\u003e \u003cp\u003eOverhead Allocation 72\u003c\/p\u003e \u003cp\u003ePAID Stamp 72\u003c\/p\u003e \u003cp\u003ePayment Terms 73\u003c\/p\u003e \u003cp\u003ePermanently Restricted Net Assets 75\u003c\/p\u003e \u003cp\u003ePermanent Travel Advances 75\u003c\/p\u003e \u003cp\u003ePetty Cash Fund Disbursements 77\u003c\/p\u003e \u003cp\u003ePhotocopying Expenses 80\u003c\/p\u003e \u003cp\u003ePostage Log 82\u003c\/p\u003e \u003cp\u003ePrepaid Expenses 84\u003c\/p\u003e \u003cp\u003ePurchase Orders 84\u003c\/p\u003e \u003cp\u003eQuid Pro Quo Contributions 87\u003c\/p\u003e \u003cp\u003eRecords Retention 87\u003c\/p\u003e \u003cp\u003eRefunds 93\u003c\/p\u003e \u003cp\u003eReimbursement of Board\/Committee Expenses 93\u003c\/p\u003e \u003cp\u003eRent 94\u003c\/p\u003e \u003cp\u003eRepairs and Improvements 94\u003c\/p\u003e \u003cp\u003eReserves 95\u003c\/p\u003e \u003cp\u003eReturn Policy 95\u003c\/p\u003e \u003cp\u003eSalaries and Fringe Benefits Accruals 95\u003c\/p\u003e \u003cp\u003eSales Tax Collection 96\u003c\/p\u003e \u003cp\u003eSales Tax Exemption Certificate 96\u003cbr\u003e\u003cbr\u003eSerial Numbers (Fixed Assets) 96\u003c\/p\u003e \u003cp\u003eSpousal Travel 97\u003c\/p\u003e \u003cp\u003eTelephone Expenses 97\u003c\/p\u003e \u003cp\u003eTemporarily Restricted Net Assets 100\u003c\/p\u003e \u003cp\u003eTravel Advances 100\u003c\/p\u003e \u003cp\u003eTravel Expenses 102\u003c\/p\u003e \u003cp\u003eUnrelated Business Income Tax (UBIT) 107\u003c\/p\u003e \u003cp\u003eUnrestricted Net Assets 107\u003c\/p\u003e \u003cp\u003eVoided Checks 108\u003c\/p\u003e \u003cp\u003eWrite-Off of Old Checks 110\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 2 Office Administration Policies 113\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAbsenteeism and Tardiness 113\u003c\/p\u003e \u003cp\u003eAffinity Programs 113\u003c\/p\u003e \u003cp\u003eAge Discrimination in Employee Act (ADEA) 114\u003c\/p\u003e \u003cp\u003eAlcohol and Controlled Substances 114\u003c\/p\u003e \u003cp\u003eAmendments to Policies and Procedures 115\u003c\/p\u003e \u003cp\u003eAmericans with Disabilities Act 115\u003c\/p\u003e \u003cp\u003eAnniversary Date 116\u003c\/p\u003e \u003cp\u003eAnnual Leave Payments 116\u003c\/p\u003e \u003cp\u003eAntitrust 116\u003c\/p\u003e \u003cp\u003eAntivirus 117\u003c\/p\u003e \u003cp\u003eAptitude\/Ability Tests 117\u003c\/p\u003e \u003cp\u003eAt-Will Employment 117\u003c\/p\u003e \u003cp\u003eBackground Checks—Prospective Employees 118\u003c\/p\u003e \u003cp\u003eBallots 120\u003c\/p\u003e \u003cp\u003eBartering Prohibited 120\u003c\/p\u003e \u003cp\u003eBereavement (Funeral) Leave 120\u003c\/p\u003e \u003cp\u003eBid Requirements 121\u003c\/p\u003e \u003cp\u003eBinding Arbitration 123\u003c\/p\u003e \u003cp\u003eBoard of Director Fiduciary Responsibilities 124\u003c\/p\u003e \u003cp\u003eBulletin Boards 126\u003c\/p\u003e \u003cp\u003eBusiness Cards 126\u003c\/p\u003e \u003cp\u003eBy-Laws 126\u003c\/p\u003e \u003cp\u003eCertificate of Authority 126\u003c\/p\u003e \u003cp\u003eCommittee Meeting Attendance 128\u003c\/p\u003e \u003cp\u003eCommittee Meeting Attendance by Members 128\u003c\/p\u003e \u003cp\u003eComputer Passwords 128\u003c\/p\u003e \u003cp\u003eConditions of Employment Agreement 129\u003c\/p\u003e \u003cp\u003eConfidentiality of Information 132\u003c\/p\u003e \u003cp\u003eConsolidated Omnibus Budget Reconciliation Act (COBRA) 135\u003c\/p\u003e \u003cp\u003eConsumer Protection Act 135\u003c\/p\u003e \u003cp\u003eContract Signing Authority 135\u003c\/p\u003e \u003cp\u003eCorrespondence 136\u003c\/p\u003e \u003cp\u003eCredit Rating Release 138\u003c\/p\u003e \u003cp\u003eData Processing Manual 138\u003c\/p\u003e \u003cp\u003eDisciplinary Action 138\u003c\/p\u003e \u003cp\u003eDiscrimination 139\u003c\/p\u003e \u003cp\u003eDiversity 139\u003c\/p\u003e \u003cp\u003eDocument Shredding 140\u003c\/p\u003e \u003cp\u003eDocument Sign-Out Form 140\u003c\/p\u003e \u003cp\u003eDress Code 142\u003c\/p\u003e \u003cp\u003eE-Mail and Internet 142\u003c\/p\u003e \u003cp\u003eEmergency Contact Form 145\u003c\/p\u003e \u003cp\u003eEmployee Retirement Income Security Act (ERISA) 147\u003c\/p\u003e \u003cp\u003eEqual Opportunity Employer 147\u003c\/p\u003e \u003cp\u003eEqual Pay Act 147\u003c\/p\u003e \u003cp\u003eEvaluations (Staff) 148\u003c\/p\u003e \u003cp\u003eExecutive Sessions 148\u003c\/p\u003e \u003cp\u003eExit Interview 148\u003c\/p\u003e \u003cp\u003eFacilities 149\u003c\/p\u003e \u003cp\u003eFair Labor Standards Act (FLSA) 149\u003c\/p\u003e \u003cp\u003eFamily and Medical Leave Act (FMLA) 151\u003c\/p\u003e \u003cp\u003eFax Machine 151\u003c\/p\u003e \u003cp\u003eFederal Identification Number 152\u003c\/p\u003e \u003cp\u003eFire Protection 152\u003c\/p\u003e \u003cp\u003eForm I-9\/Immigration Reform and Control Act (IRCA) 152\u003c\/p\u003e \u003cp\u003eForms Manual\/Retired Forms Manual 153\u003c\/p\u003e \u003cp\u003eForm W-4 154\u003c\/p\u003e \u003cp\u003eFringe Benefits 154\u003c\/p\u003e \u003cp\u003eFringe Benefits Day 155\u003c\/p\u003e \u003cp\u003eGarnishments 155\u003c\/p\u003e \u003cp\u003eGrievances and Complaints 155\u003c\/p\u003e \u003cp\u003eHold Harmless Agreements 156\u003c\/p\u003e \u003cp\u003eHolidays 158\u003c\/p\u003e \u003cp\u003eHours of Operation 158\u003c\/p\u003e \u003cp\u003eInclement Weather 158\u003c\/p\u003e \u003cp\u003eIndependent Contractor Files 159\u003c\/p\u003e \u003cp\u003eIndependent Contractors 159\u003c\/p\u003e \u003cp\u003eInjuries\/Worker’s Compensation 163\u003c\/p\u003e \u003cp\u003eJob Descriptions 165\u003c\/p\u003e \u003cp\u003eJury Duty 165\u003c\/p\u003e \u003cp\u003eKey Employee Insurance 165\u003c\/p\u003e \u003cp\u003eKey Employees 166\u003c\/p\u003e \u003cp\u003eLeave without Pay 168\u003c\/p\u003e \u003cp\u003eLeaving the Office 168\u003c\/p\u003e \u003cp\u003eLegal Audit 168\u003c\/p\u003e \u003cp\u003eLegal Counsel Attendance at Board Meetings 169\u003c\/p\u003e \u003cp\u003eLegal Protection for Board and Staff 170\u003c\/p\u003e \u003cp\u003eLibel\/Slander 172\u003c\/p\u003e \u003cp\u003eLines of Credit 172\u003c\/p\u003e \u003cp\u003eLoans—Employees 174\u003c\/p\u003e \u003cp\u003eLobbying Activities\/Omnibus Budget Reconciliation Act (OBRA) 174\u003c\/p\u003e \u003cp\u003eLobbying Disclosure Act (LDA) 174\u003c\/p\u003e \u003cp\u003eLogo 175\u003c\/p\u003e \u003cp\u003eMailing List Sales 175\u003c\/p\u003e \u003cp\u003eManagement Day 176\u003c\/p\u003e \u003cp\u003eMandatory Vacations\/Leave 178\u003c\/p\u003e \u003cp\u003eMaternity Leave 178\u003c\/p\u003e \u003cp\u003eMilitary Obligations 178\u003c\/p\u003e \u003cp\u003eMinutes of Board and Committees 179\u003c\/p\u003e \u003cp\u003eMusic 179\u003c\/p\u003e \u003cp\u003eMusic Licensing 179\u003c\/p\u003e \u003cp\u003eNepotism 180\u003c\/p\u003e \u003cp\u003eNicknames 180\u003c\/p\u003e \u003cp\u003eNoncompete Agreements 180\u003c\/p\u003e \u003cp\u003eOccupational Safety and Health Act (OSHA) 183\u003c\/p\u003e \u003cp\u003eOffice Decor 183\u003c\/p\u003e \u003cp\u003eOffice Equipment 183\u003c\/p\u003e \u003cp\u003eOffice Supplies 185\u003c\/p\u003e \u003cp\u003eOpen Board of Directors Meetings (Sunshine Laws) 185\u003c\/p\u003e \u003cp\u003eOutside Employment 185\u003c\/p\u003e \u003cp\u003eOwnership of Records 186\u003c\/p\u003e \u003cp\u003ePaternity Leave 186\u003c\/p\u003e \u003cp\u003ePermissions\/Waivers 186\u003c\/p\u003e \u003cp\u003ePersonal Leave 188\u003c\/p\u003e \u003cp\u003ePersonnel Records 188\u003c\/p\u003e \u003cp\u003ePlagiarism 188\u003c\/p\u003e \u003cp\u003ePolicy Amendment, Deletion, or Additions 190\u003c\/p\u003e \u003cp\u003ePolitical Action Committees (PACs) 192\u003c\/p\u003e \u003cp\u003ePolitical Education Funds 192\u003c\/p\u003e \u003cp\u003ePostal Permit 193\u003c\/p\u003e \u003cp\u003ePress Releases\/Media Contacts 193\u003c\/p\u003e \u003cp\u003eProtection of Member\/Contributor\/Customer\/Employee Confidential Information 195\u003c\/p\u003e \u003cp\u003eQuarterly Staff Meetings 195\u003c\/p\u003e \u003cp\u003eReasonable Accommodation 196\u003c\/p\u003e \u003cp\u003eReference Letters 196\u003c\/p\u003e \u003cp\u003eReferences (Former and Current Employees) 196\u003c\/p\u003e \u003cp\u003eRegistered Agent 197\u003c\/p\u003e \u003cp\u003eReinstatement of Benefits 197\u003c\/p\u003e \u003cp\u003eRemote Access to Computer Network 197\u003c\/p\u003e \u003cp\u003eResignation 199\u003c\/p\u003e \u003cp\u003eRest Periods 199\u003c\/p\u003e \u003cp\u003eSafe and Safe Combination 199\u003c\/p\u003e \u003cp\u003eSafe Deposit Box 202\u003c\/p\u003e \u003cp\u003eSafety Committee 205\u003c\/p\u003e \u003cp\u003eSexual Harassment 207\u003c\/p\u003e \u003cp\u003eSmoking 207\u003c\/p\u003e \u003cp\u003eSoftware Licenses (Anti-Piracy) 207\u003c\/p\u003e \u003cp\u003eStaff Conduct 208\u003c\/p\u003e \u003cp\u003eStaff Contact by Board Members 208\u003c\/p\u003e \u003cp\u003eStaff Training 208\u003c\/p\u003e \u003cp\u003eStatutory (Legally Mandated) Employee Benefits 209\u003c\/p\u003e \u003cp\u003eSuggestions 209\u003c\/p\u003e \u003cp\u003eTaking Work Home 211\u003c\/p\u003e \u003cp\u003eTellers’ Committee 213\u003c\/p\u003e \u003cp\u003eTemporary Employment Agencies 213\u003c\/p\u003e \u003cp\u003eTime Off to Vote 215\u003c\/p\u003e \u003cp\u003eTime Sheets 215\u003c\/p\u003e \u003cp\u003eTrademark 217\u003c\/p\u003e \u003cp\u003eUnemployment Compensation 217\u003c\/p\u003e \u003cp\u003eUniformed Services Employment and Reemployment Rights Act (USERRA) 217\u003c\/p\u003e \u003cp\u003eUse of Premises 218\u003c\/p\u003e \u003cp\u003eUtilization of Office Equipment 221\u003c\/p\u003e \u003cp\u003eVacancies 223\u003c\/p\u003e \u003cp\u003eVoice Mail 223\u003c\/p\u003e \u003cp\u003eWorker’s Compensation Insurance 223\u003c\/p\u003e \u003cp\u003eWeapons 224\u003c\/p\u003e \u003cp\u003eWrongful Dismissal (Avoidance) 224\u003c\/p\u003e \u003cp\u003eYear-End Manual 224\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 3 Internal Control and Risk Reduction Policies 227\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAcronyms 227\u003c\/p\u003e \u003cp\u003eApproved Vendor Listing 229\u003c\/p\u003e \u003cp\u003eAutomobile Insurance 231\u003c\/p\u003e \u003cp\u003eBank Account Reconciliations 231\u003c\/p\u003e \u003cp\u003eBank Statement Mailings 232\u003c\/p\u003e \u003cp\u003eBonding Eligibility 233\u003c\/p\u003e \u003cp\u003eBusiness Interruption Insurance 233\u003c\/p\u003e \u003cp\u003eCash Register Issues 233\u003c\/p\u003e \u003cp\u003eCash Transactions 234\u003c\/p\u003e \u003cp\u003eCertificate of Insurance 235\u003c\/p\u003e \u003cp\u003eChangeover Audit 235\u003c\/p\u003e \u003cp\u003eCheck 21 Issues 235\u003c\/p\u003e \u003cp\u003eCheck Disbursements 236\u003c\/p\u003e \u003cp\u003eCheck and Wire Transfer Signatures 239\u003c\/p\u003e \u003cp\u003eCheck Signers 239\u003c\/p\u003e \u003cp\u003eCheck Stock 240\u003c\/p\u003e \u003cp\u003eCheck Supply 241\u003c\/p\u003e \u003cp\u003eControl Over Checks and Cash 241\u003c\/p\u003e \u003cp\u003eConvention Cancellation Insurance 242\u003c\/p\u003e \u003cp\u003eCredit Cards 242\u003c\/p\u003e \u003cp\u003eCredit Card Statements 246\u003c\/p\u003e \u003cp\u003eDeposit Security and Restrictive Endorsements 246\u003c\/p\u003e \u003cp\u003eDirect Deposit 247\u003c\/p\u003e \u003cp\u003eDocumenting a Fraud Action Plan 248\u003c\/p\u003e \u003cp\u003eEmployee Credit Cards (Elimination) 251\u003c\/p\u003e \u003cp\u003eErrors and Omissions Insurance 251\u003c\/p\u003e \u003cp\u003eFidelity Bond (Employee Dishonesty Insurance) 252\u003c\/p\u003e \u003cp\u003eGeneral Liability Insurance 252\u003c\/p\u003e \u003cp\u003eGhost Employees 252\u003c\/p\u003e \u003cp\u003eGhost Vendors 254\u003c\/p\u003e \u003cp\u003eGifts 256\u003c\/p\u003e \u003cp\u003eInsurance 259\u003c\/p\u003e \u003cp\u003eInsurance Committees 259\u003c\/p\u003e \u003cp\u003eInventory Issues 260\u003c\/p\u003e \u003cp\u003eKiting 261\u003c\/p\u003e \u003cp\u003eLockbox 262\u003c\/p\u003e \u003cp\u003eMalpractice Insurance 264\u003c\/p\u003e \u003cp\u003eManual Checks 264\u003c\/p\u003e \u003cp\u003eOfficers and Directors Liability Insurance 264\u003c\/p\u003e \u003cp\u003ePayroll Processing 265\u003c\/p\u003e \u003cp\u003ePayroll Tax Issues 265\u003c\/p\u003e \u003cp\u003ePositive Pay 266\u003c\/p\u003e \u003cp\u003eProfessional Liability Insurance 266\u003cbr\u003e\u003cbr\u003eProperty Insurance 267\u003c\/p\u003e \u003cp\u003eSegregation of Duties 267\u003c\/p\u003e \u003cp\u003eStatement of Auditing Standard No. 99 (SAS99) 267\u003c\/p\u003e \u003cp\u003eTwo Signature Checks 268\u003c\/p\u003e \u003cp\u003eUmbrella Insurance 268\u003c\/p\u003e \u003cp\u003eUnannounced Bank Statement Reconciliation 268\u003c\/p\u003e \u003cp\u003eWindow of Opportunity for Embezzlement 269\u003c\/p\u003e \u003cp\u003eWire Transfers 273\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 4 Disclosure of Information Policies 275\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDisclosure of Information 275\u003c\/p\u003e \u003cp\u003eDisclosure of Records, General Public, Requests Made in Person 279\u003c\/p\u003e \u003cp\u003eDisclosure of Records, General Public, Requests Made in Writing 279\u003c\/p\u003e \u003cp\u003eDisclosure of Records, Members or Contributors, Requests Made in Writing 280\u003c\/p\u003e \u003cp\u003eDisclosure of Records, Members or Contributors, Requests Made in Person 280\u003c\/p\u003e \u003cp\u003eBoard of Directors’ Examination of Records 280\u003c\/p\u003e \u003cp\u003eForm 990-T 281\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 5 The Sarbanes-Oxley Act of 2002 283\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Sarbanes-Oxley Act of 2002 283\u003c\/p\u003e \u003cp\u003eCode of Ethics for Financial Management 284\u003c\/p\u003e \u003cp\u003eRotation of the Independent CPA Firm Partner 286\u003c\/p\u003e \u003cp\u003eWhistle-Blower Protection 286\u003c\/p\u003e \u003cp\u003eInternal Audit Committee 287\u003c\/p\u003e \u003cp\u003eCertification of Financial Statements 288\u003c\/p\u003e \u003cp\u003eConflict of Interest Form 290\u003c\/p\u003e \u003cp\u003eSummary 292\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 6 State Issues 293\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eState Issues 293\u003c\/p\u003e \u003cp\u003eAccess to Accounting Records 293\u003c\/p\u003e \u003cp\u003eCommittee Meeting Attendance 293\u003c\/p\u003e \u003cp\u003eDisclosure of Forms Filed with State 294\u003c\/p\u003e \u003cp\u003eExecutive Sessions 294\u003c\/p\u003e \u003cp\u003eLoans 294\u003c\/p\u003e \u003cp\u003eMinutes 294\u003c\/p\u003e \u003cp\u003eOpen Meetings 294\u003c\/p\u003e \u003cp\u003ePosting Meetings 294\u003c\/p\u003e \u003cp\u003eRegistration as Fundraiser 295\u003c\/p\u003e \u003cp\u003eRegistered Agent 295\u003c\/p\u003e \u003cp\u003ePersonnel Files 295\u003c\/p\u003e \u003cp\u003eGlossary of Accounting and Financial Terminology 297\u003c\/p\u003e \u003cp\u003eIndex 303\u003c\/p\u003e \u003cp\u003e\u003cb\u003eEdward J. Mcmillan\u003c\/b\u003e, CPA, CAE, is a Certified Public Accountant and Certified Association Executive, and is a nationally recognized speaker on not-for-profit financial and management topics since 1992 for the United States Chamber of Commerce, the American Society of Association Executives, the American Institute of Certified Public Accountants, the American Chamber of Commerce Executives, and the International Association of Convention and Visitor Bureaus. He has written six books, and is also the author of numerous articles, which have appeared in such publications as \u003ci\u003eAssociation Management\u003c\/i\u003e, \u003ci\u003eLeadership\u003c\/i\u003e, and \u003ci\u003eDollars and Cents\u003c\/i\u003e.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eWhat every not-for-profit must know about accounting, tax, and reporting requirements\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIn the challenging world of not-for-profit management, executives are held responsible for virtually every aspect of their organization's activities, such as legal issues, marketing, lobbying, editorial, membership operations, budgeting, and, of course, finance. For one person to be an authority in every area, however, is virtually impossible.\u003c\/p\u003e \u003cp\u003eCompletely revised and expanded, the \u003ci\u003eFourth Edition\u003c\/i\u003e of this invaluable tool is useful as a guide to nonprofit accountants, financial managers, and executives new to the area of financial management. Addressing the accounting, internal control, and office administration issues that confront executives in nonprofit organizations, this book:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eHelps professionals develop formal policies in accounting and finance\u003c\/li\u003e \u003cli\u003eShows how to strengthen an organization's financial procedures while assuring board members that they are meeting fiduciary responsibilities\u003c\/li\u003e \u003cli\u003eProvides more than 200 sample policies and forms both in the book and on the accompanying Web site offering downloadable and customizable versions of those forms\u003c\/li\u003e \u003cli\u003eCovers major topics including accounting and financial policies, office administration policies, and internal control and risk reduction policies\u003c\/li\u003e \u003cli\u003eContains dozens of new model accounting and financial policies and forms, covering Sarbanes-Oxley issues, codes of ethics, identity theft, fraud, binding arbitrations, compensation committees, new bank rules, fiduciary obligations of board members, and many more topics\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003ci\u003eModel Policies and Procedures for Not-for-Profit Organizations\u003c\/i\u003e, Fourth Edition offers provocative strategies for financial management and serves as a road map to sound fiscal and organizational structure for nonprofit organizations.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989635219685,"sku":"NP9780470171301","price":109.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470171301.jpg?v=1761784898","url":"https:\/\/k12savings.com\/products\/model-policies-and-procedures-for-not-for-profit-organizations-isbn-9780470171301","provider":"K12savings","version":"1.0","type":"link"}