{"product_id":"not-for-profit-financial-reporting-isbn-9781119744092","title":"Not-for-Profit Financial Reporting","description":"\u003cp\u003eThrough a combination of practical guidance and case studies, the author provides insight into what makes not-for-profits different. Updated for revenue recognition, grants and contracts, and financial reporting, this book offers guidance on FASB's new financial statement standard and revenue recognition standard which will have a major impact on financial reporting for not for profits.  It helps answer the questions: Are you aware of how not-for-profit financial statements will change because of FASB's Financial Statement Standard? Do you know what makes not-for-profit accounting and financial reporting different?\u003c\/p\u003e \u003cp\u003eKey topics include:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eGrants and contracts\u003c\/li\u003e \u003cli\u003eExpense reporting\u003c\/li\u003e \u003cli\u003eNFP financial statement standard\u003c\/li\u003e \u003cli\u003eRevenue recognition\u003c\/li\u003e \u003cli\u003ePerformance measures\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003cb\u003eChapter 1 1-1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFinancial Reporting 1-1\u003c\/p\u003e \u003cp\u003eNet assets 1-2\u003c\/p\u003e \u003cp\u003eThe basic financial statements 1-4\u003c\/p\u003e \u003cp\u003eReporting formats 1-15\u003c\/p\u003e \u003cp\u003eNotes to the financial statements 1-19\u003c\/p\u003e \u003cp\u003eInvestments and investment income 1-20\u003c\/p\u003e \u003cp\u003eSummary 1-27\u003c\/p\u003e \u003cp\u003ePractice questions 1-28\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 2-1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eExchange Transactions, Contributions, and Gains and Losses 2-1\u003c\/p\u003e \u003cp\u003eResources for the mission 2-3\u003c\/p\u003e \u003cp\u003eExchange (reciprocal) transactions 2-6\u003c\/p\u003e \u003cp\u003eContributions 2-15\u003c\/p\u003e \u003cp\u003eIdentifying gains and losses 2-24\u003c\/p\u003e \u003cp\u003eAgency transactions 2-25\u003c\/p\u003e \u003cp\u003eSummary 2-26\u003c\/p\u003e \u003cp\u003ePractice questions 2-27\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 3-1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eExpenses 3-1\u003c\/p\u003e \u003cp\u003eExpenses versus losses 3-2\u003c\/p\u003e \u003cp\u003eFunctional reporting of expenses 3-4\u003c\/p\u003e \u003cp\u003eReclassifications 3-16\u003c\/p\u003e \u003cp\u003eSummary 3-18\u003c\/p\u003e \u003cp\u003ePractice questions 3-19\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 4-1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Not-for-Profit Environment and Performance Measures 4-1\u003c\/p\u003e \u003cp\u003eThe NFP environment 4-2\u003c\/p\u003e \u003cp\u003eTypes of NFP organizations 4-6\u003c\/p\u003e \u003cp\u003eFund accounting 4-9\u003c\/p\u003e \u003cp\u003eMeasuring performance 4-10\u003c\/p\u003e \u003cp\u003eReporting information in the statement of activities 4-11\u003c\/p\u003e \u003cp\u003eRatios and other tools 4-13\u003c\/p\u003e \u003cp\u003eInput, output, and outcomes 4-16\u003c\/p\u003e \u003cp\u003eSummary 4-19\u003c\/p\u003e \u003cp\u003ePractice questions 4-20\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendix A A-1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eExcerpt of Appendix A of Chapter 5 of AICPA Audit and Accounting Guide Not-for-Profit Entities A-1\u003c\/p\u003e \u003cp\u003eGlossary Glossary 1\u003c\/p\u003e \u003cp\u003eIndex Index 1\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSolutions Solutions 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 1 Solutions 1\u003c\/p\u003e \u003cp\u003eChapter 2 Solutions 4\u003c\/p\u003e \u003cp\u003eChapter 3 Solutions 8\u003c\/p\u003e \u003cp\u003eChapter 4 Solutions 10\u003c\/p\u003e \u003cp\u003e\u003cb\u003eBruce W. Chase\u003c\/b\u003e, PhD, is professor of accounting at Radford University. He is also the Director of the University's Governmental and Nonprofit Assistance Center (GNAC). The GNAC provides support for the Government Finance Officers Association (GFOA) national Certified Public Finance Officer (CPFO) program. Prior to joining the faculty of Radford University, he spent over 15 years in governmental and nonprofit accounting.  He began his career with the Auditor of Public Accounts and then with Coopers and Lybrand.  He served as Treasurer of Virginia Commonwealth University and later as chief financial officer of Southern Seminary College. He has written numerous articles on governmental and nonprofit accounting and is a frequent speaker on these topics. He has authored two national educational courses dealing with governmental and nonprofit accounting for the American Institute of Certified Public Accountants (AICPA). He also does extensive training on governmental accounting and reporting issues.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989699510501,"sku":"NP9781119744092","price":87.5,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119744092.jpg?v=1761785155","url":"https:\/\/k12savings.com\/products\/not-for-profit-financial-reporting-isbn-9781119744092","provider":"K12savings","version":"1.0","type":"link"}