Fountaindale Public Library

Nonprofit bookkeeping & accounting for dummies, by Maire Loughran, CPA

eng

illustrations

index present

non fiction

Nonprofit bookkeeping & accounting for dummies

1400084716

by Maire Loughran, CPA

For dummies

Nonprofits pride themselves on being different, even when it comes to accounting. Nonprofit bookkeeping & accounting for dummies is an easy way to learn the basics, focusing on not-for-profit organizations. You'll learn common financial terms and bookkeeping essentials, and you'll discoverhow to account for nonprofit-specific situations, like grants. Even if you're new new to bookkeeping, this friendly guide will show you how to get started, keep good records, stay in compliance, keep an eye on cash flow, and survive an audit

Part 1: Accounting and bookkeeping nonprofit-style. Introducing nonprofit bookkeeping and accounting ; Starting with basic bookkeeping and accounting ; Introducing financial statements ; Keeping accurate accounting records -- Part 2: Balancing your nonprofit's books. Setting up the chart of accounts for nonprofits ; Recording accounting transactions ; Keeping tabs on your checking account ; Starting with manual bookkeeping ; Advancing into nonprofit accounting software ; Balancing cash flow with an operating budget -- Part 3: Accounting for nonprofit situations. Introducing federal grants ; Tracking and accounting for federal dollars ; Staying in nonprofit compliance ; Preparing for an audit ; Accounting for payroll and payroll taxes ; Doing the accounting for Tax Form 990 -- Part 4: Wrapping up the books. Analyzing the statement of activities ; Reporting financial position ; Eyeing the statement of cash flows ; Organizing the statement of functional expense ; Closing the nonprofit books -- Part 5: The part of tens. Ten important things to know when keeping a nonprofit's books ; Ten tips for keeping your nonprofit viable

adult

Nonprofit bookkeeping and accounting for dummiesNonprofit bookkeeping & accounting