{"product_id":"wiley-not-for-profit-gaap-2020-isbn-9781119595953","title":"Wiley Not-for-Profit GAAP 2020","description":"\u003cp\u003e\u003cb\u003eEnsure that your not-for-profit accounting is airtight for 2020\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eNot-for profit organizations have unique characteristics, so they must adhere to a specific set of generally accepted accounting principles (GAAP). \u003ci\u003eWiley Not-For-Profit GAAP 2020 \u003c\/i\u003eprovides practical guidance on how to identify and apply the relevant standards. This guide is indispensable for professionals responsible for preparing and auditing not-for-profit accounts. You will learn how to interpret the relevant accounting principles and how to apply them, all while minimizing unnecessary effort and eliminating potentially costly errors.\u003c\/p\u003e \u003cp\u003eThis comprehensive yet concise text thoroughly examines the latest standards for measurement, presentation, and disclosure related to not-for-profits. It covers the Financial Accounting Standards Board (FASB) Accounting Standards Codification, all relevant Accounting Standards Updates, and other guidance that applies to not-for-profit organizations, particularly that of the American Institute of Certified Public Accountants (AICPA). With this unrivalled reference tool, your not-for-profit GAAP questions are answered.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eEasily understand the latest not-for-profit GAAP with visual aids, including flowcharts, diagrams, and illustrations\u003c\/li\u003e \u003cli\u003eNavigate complex requirements and ensure completeness of GAAP disclosures\u003c\/li\u003e \u003cli\u003eStay current with all not-for-profit accounting pronouncements, including FASB, AICPA, and more\u003c\/li\u003e \u003cli\u003eEnjoy practical, user-friendly guidance on applying the relevant accounting standards in your not-for-profit organization\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eWith \u003ci\u003eWiley Not-For-Profit GAAP 2020\u003c\/i\u003e, you can be assured you have the most current, comprehensive accounting information that applies to nonprofit organizations. Stay in compliance and ensure timely, accurate reporting with this authoritative volume.\u003c\/p\u003e \u003cp\u003ePreface vii\u003c\/p\u003e \u003cp\u003eAbout the Authors ix\u003c\/p\u003e \u003cp\u003eNot-for-Profit Accounting Literature xi\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 1 Overview of Not-for-Profit Organizations 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 1 Overview of Not-for-Profit Organizations 3\u003c\/p\u003e \u003cp\u003eChapter 2 Cash versus Accrual-Basis Accounting 11\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 2 Basic Financial Statements 21\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 3 Statement of Financial Position 23\u003c\/p\u003e \u003cp\u003eChapter 4 Statement of Activities 31\u003c\/p\u003e \u003cp\u003eChapter 5 Statement of Cash Flows 39\u003c\/p\u003e \u003cp\u003eChapter 6 Other Financial Statement Issues 55\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 3 Specific Not-for-Profit Accounting Topics 73\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 7 Fund Accounting 75\u003c\/p\u003e \u003cp\u003eChapter 8 Net Assets 87\u003c\/p\u003e \u003cp\u003eChapter 9 Contributions, Pledges, Noncash Contributions, and Exchange Transactions 97\u003c\/p\u003e \u003cp\u003eChapter 10 Investments 143\u003c\/p\u003e \u003cp\u003eChapter 11 Affiliated Organizations 163\u003c\/p\u003e \u003cp\u003eChapter 12 Split-Interest Agreements 185\u003c\/p\u003e \u003cp\u003eChapter 13 Fundraising and Joint Costs 195\u003c\/p\u003e \u003cp\u003eChapter 14 Functional Reporting 209\u003c\/p\u003e \u003cp\u003eChapter 15 Collections 215\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 4 Other Accounting-Related Not-for-Profit Topics 219\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 16 Accounting for Specific Types of Not-for-Profits 221\u003c\/p\u003e \u003cp\u003eChapter 17 Importance of Budgets to a Not-for-Profit 235\u003c\/p\u003e \u003cp\u003eChapter 18 Principal Federal and State Tax Reporting and Regulatory Requirements 253\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 5 General Accounting Topics Applied to Not-for-Profit Organizations 315\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 19 Current Assets and Current Liabilities 317\u003c\/p\u003e \u003cp\u003eChapter 20 Inventory 325\u003c\/p\u003e \u003cp\u003eChapter 21 Long-Lived Assets, Depreciation, and Impairment 333\u003c\/p\u003e \u003cp\u003eChapter 22 Intangible Assets 345\u003c\/p\u003e \u003cp\u003eChapter 23 Contingencies 355\u003c\/p\u003e \u003cp\u003eChapter 24 Mergers and Acquisitions 371\u003c\/p\u003e \u003cp\u003eChapter 25 Accounting for Pensions and Postretirement Benefits 385\u003c\/p\u003e \u003cp\u003eChapter 26 Long-Term Liabilities 423\u003c\/p\u003e \u003cp\u003eChapter 27 Accounting Changes 441\u003c\/p\u003e \u003cp\u003eChapter 28 Accounting for Leases 447\u003c\/p\u003e \u003cp\u003eChapter 29 Financial Instruments 485\u003c\/p\u003e \u003cp\u003eChapter 30 Capitalization of Interest Costs 497\u003c\/p\u003e \u003cp\u003eAppendix: Disclosure Checklist 503\u003c\/p\u003e \u003cp\u003eIndex 533\u003c\/p\u003e \u003cp\u003e\u003cb\u003eRichard F. Larkin\u003c\/b\u003e, CPA (Bethesda, MD) is technical director of not-for-profit accounting and auditing for Long Group, Chartered, in Bethesda, Maryland. He is a certified public accountant with over 35 years of experience serving not-for-profit organizations. He teaches, speaks, and writes extensively on not-for-profit industry matters.\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eThe most practical, authoritative guide to Not-for-Profit GAAP\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003cb\u003e\u003ci\u003eWiley Not-for-Profit GAAP 2020\u003c\/i\u003e\u003c\/b\u003e is a comprehensive, easy-to-use guide to the accounting and financial reporting principles used by not-for-profit organizations. It is written with the needs of the financial statement preparer, user, and attestor in mind, and provides a complete review of the authoritative accounting literature that impacts all types of not-for-profit organizations. \u003c\/p\u003e\u003cp\u003eAt the same time, \u003cb\u003e\u003ci\u003eWiley Not-for-Profit GAAP 2020\u003c\/i\u003e\u003c\/b\u003e features many examples and illustrations that will assist the reader in applying the principles to real-life situations. Key features include: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eEasy-to-use information that enables readers to find what they need quickly\u003c\/li\u003e \u003cli\u003eCoverage of accounting principles specifically related to not-for-profit organizations, as well as accounting principles applicable to organizations of all kinds\u003c\/li\u003e \u003cli\u003eCoverage of accounting issues affecting different types of not-for-profit organizations\u003c\/li\u003e \u003cli\u003eA comprehensive disclosure checklist that helps financial statement preparers and attestors ensure that all disclosures required by GAAP have been considered\u003c\/li\u003e \u003cli\u003eMany examples and illustrations that make it easy to put accounting theory into practice\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThis \u003ci\u003e2020 Edition\u003c\/i\u003e includes new information covering: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eThe definition of a public business entity\u003c\/li\u003e \u003cli\u003eApplicability of the FASB Private Company Accounting Framework to Not-for-Profits\u003c\/li\u003e \u003cli\u003eService concession arrangements\u003c\/li\u003e \u003cli\u003eRevenue contracts with customers\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003cb\u003e\u003ci\u003eWiley Not-for-Profit GAAP 2020\u003c\/i\u003e\u003c\/b\u003e is a thorough and reliable reference which is designed to be kept on your desk, rather than on the shelf.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990491644133,"sku":"NP9781119595953","price":89.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119595953.jpg?v=1761788041","url":"https:\/\/k12savings.com\/products\/wiley-not-for-profit-gaap-2020-isbn-9781119595953","provider":"K12savings","version":"1.0","type":"link"}