{"product_id":"nonprofit-financial-management-isbn-9781118011324","title":"Nonprofit Financial Management","description":"\u003cb\u003eA timely, practical, and concise handbook of best practices for nonprofit financial management\u003c\/b\u003e \u003cp\u003eIn 2010 an estimated 325,000 charities, membership groups, and trade associations?with small nonprofits disproportionately represented?stand to lose their tax exemptions for failure to comply with financial management requirements. Nonprofit Financial Management: A Practical Guide is a timely, functional, and concise handbook of best practices for nonprofit organizations of every size.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eAddresses federal reporting requirements and discusses methods to decrease expenses, ensure accounting control, increase revenues through professional cash management, and understand budget statements\u003c\/li\u003e \u003cli\u003eExplains how to read financial statements and analyze a nonprofit's financial condition by using the most recent IRS 990 reporting form\u003c\/li\u003e \u003cli\u003eCovers the full range of financial-management topics, including accounting, internal controls, auditing, evaluating financial condition, budgeting, cash management and banking, purchasing and contracting, borrowing and risk management\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eWritten in an easy-to-read style, with more than 100 exhibits, this book is essential for every nonprofit financial manager.\u003c\/p\u003e \u003cp\u003eWho this Book Is For ix\u003c\/p\u003e \u003cp\u003eAcknowledgments xi\u003c\/p\u003e \u003cp\u003eCHAPTER 1 Introduction 1\u003c\/p\u003e \u003cp\u003eCHAPTER 2 Account for Transactions 9\u003c\/p\u003e \u003cp\u003eCHAPTER 3 Create the Internal Control System 31\u003c\/p\u003e \u003cp\u003eCHAPTER 4 Manage the Audit 43\u003c\/p\u003e \u003cp\u003eCHAPTER 5 Evaluate Financial Condition 77\u003c\/p\u003e \u003cp\u003eCHAPTER 6 Prepare and Manage the Budget 97\u003c\/p\u003e \u003cp\u003eCHAPTER 7 Manage Cash Flow 127\u003c\/p\u003e \u003cp\u003eCHAPTER 8 Purchase Goods 137\u003c\/p\u003e \u003cp\u003eCHAPTER 9 Contract to Provide a Service 153\u003c\/p\u003e \u003cp\u003eCHAPTER 10 Manage Capital Assets and the Inventory 159\u003c\/p\u003e \u003cp\u003eCHAPTER 11 Invest Funds 165\u003c\/p\u003e \u003cp\u003eCHAPTER 12 Manage Banking Relations 185\u003c\/p\u003e \u003cp\u003eCHAPTER 13 Borrow Funds 199\u003c\/p\u003e \u003cp\u003eCHAPTER 14 Manage Risks 205\u003c\/p\u003e \u003cp\u003eNotes 229\u003c\/p\u003e \u003cp\u003eIndex 237\u003c\/p\u003e \u003cp\u003e \u003c\/p\u003e \u003cb\u003eCharles K. Coe\u003c\/b\u003e is a Professor in the Department of Public Administration at North Carolina State University, teaching courses on budgeting and financial management. He is the author of over fifteen handbooks for management of state and local government, including \u003ci\u003ePublic Financial Management\u003c\/i\u003e and \u003ci\u003ePurchasing and Materials Management Handbook\u003c\/i\u003e.  Nonprofits vary from organization to organization, each with its own mission, funding sources, and organizational structure. One denominator is common with all nonprofits: each must have a sound financial management system in order to be accountable to its funders and perform capably.  \u003cp\u003eWritten in plain English with straightforward guidance, \u003ci\u003eNonprofit Financial Management: A Practical Guide\u003c\/i\u003e assists all nonprofits, from the smallest to the largest and most financially sophisticated, to manage their finances responsibly and professionally.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eNonprofit Financial Management\u003c\/i\u003e addresses federal reporting requirements and discusses methods to decrease expenses, ensure accounting control, and increase revenues through professional cash management. It explains how to read financial statements and analyze a nonprofit's financial condition by using the most recent IRS 990 reporting form. It is the first book to cover concisely all of the principal financial management subjects. It covers a full range of financial management topics, including accounting, internal controls, auditing, evaluating financial condition, budgeting, cash management and banking, purchasing and contracting, borrowing, and risk management. Written in an easy-to-read style, this book includes more than 100 exhibits, including thorough lists of best practices for you to keep in mind and include in your own work, covering a variety of real-life situations.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eNonprofit Financial Management\u003c\/i\u003e explores:\u003c\/p\u003e \u003cul\u003e \u003cli\u003e \u003cp\u003eCreating an internal control system\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eManaging the audit\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eEvaluating your financial condition\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003ePreparing and managing the budget\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003ePurchasing goods\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eContracting to provide a service\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eManaging capital assets and the inventory\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eInvesting funds\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eManaging banking relations\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eBorrowing funds\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eManaging risks\u003c\/p\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eMany nonprofits face daunting financial management challenges. The economic downturn, with its attendant decreased governmental and foundation funding, severely distressed their finances. But your nonprofit must still comply with increased federal reporting requirements. Straightforward and easy to use, \u003ci\u003eNonprofit Financial Management\u003c\/i\u003e is a timely, functional, and concise handbook of best practices for nonprofit organizations of every size.\u003c\/p\u003e  \u003cb\u003eYour best practices guide to the basics of nonprofit financial management.\u003c\/b\u003e  \u003cp\u003eCoaching you in the essentials of financial management, \u003ci\u003eNonprofit Financial Management: A Practical Guide\u003c\/i\u003e supplies easy-to-use concepts for the financial management of nonprofits of every size and type.\u003c\/p\u003e \u003cp\u003eDrawing upon his extensive experience in financial management of nonprofits, author Charles Coe explores:\u003c\/p\u003e \u003cul\u003e \u003cli\u003e \u003cp\u003eFederal reporting requirements\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eMethods to decrease expenses, ensure accounting control, and increase revenues through professional cash management\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eHow to read financial statements and analyze your nonprofit's financial condition using the most recent IRS 990 reporting form\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eThe full range of financial management topics, including accounting, internal controls, auditing, evaluating financial condition, budgeting, cash management and banking, purchasing and contracting, borrowing, and risk management\u003c\/p\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eIf you are involved in the financial survival of your nonprofit organization—whether your service to your nonprofit is in the capacity of director, manager, trustee, accountant, or lawyer—\u003ci\u003eNonprofit Financial Management\u003c\/i\u003e is a must-read to manage your nonprofit's finances effectively and resourcefully.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989697511653,"sku":"NP9781118011324","price":63.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781118011324.jpg?v=1761785145","url":"https:\/\/k12savings.com\/products\/nonprofit-financial-management-isbn-9781118011324","provider":"K12savings","version":"1.0","type":"link"}