Wiley Not-For-Profit Gaap 2001: Interpretation and Application of Generally Accepted Accounting Standards for Not-For-Profit Organizations 2001

by Larkin, Richard F.; Ditommaso, Marie

• ISBN13: 9780471397953
• ISBN10: 0471397954
• Format: Paperback
• Copyright: 2001-02-01
• Publisher: John Wiley & Sons Inc

Summary

A comprehensive accounting and financial reporting guide for use by not-for-profit organizations and their auditors in preparing financial statements in accordance with the generally accepted accounting principles (GAAP).

Table of Contents

Authoritative Accounting Pronouncements	xi
Part 1 Overview of a Not-for-Profit Organization
Basic Structure of a Not-for-Profit Organization	3	(4)
Cash Versus Accrual Basis Accounting	7	(12)
Part 2 Basic Financial Statements
Statement of Financial Position	19	(6)
Statement of Activities	25	(12)
Statement of Cash Flows	37	(14)
Other Financial Statement Issues	51	(20)
Part 3 Specific Not-for-Profit Accounting Topics
Fund Accounting	71	(14)
Net Assets	85	(6)
Contributions, Pledges, and Noncash Contributions	91	(34)
Checklist	109	(2)
Checklist	111	(2)
Checklist	113	(2)
Checklist	115	(2)
Checklist	117	(3)
Checklist	120	(5)
Investments	125	(12)
Affiliated Organizations	137	(20)
Checklist	154	(3)
Split-Interest Agreements	157	(10)
Fund-Raising and Joint Costs	167	(16)
Functional Reporting	183	(4)
Collections	187	(6)
Part 4 Other Accounting Related Not-for-Profit Issues Topics
Accounting for Specific Types of Not-for-Profits	193	(16)
Associations and Professional Societies	194	(2)
Churches	196	(1)
Clubs	197	(2)
Libraries	199	(1)
Museums	199	(1)
Performing Arts Organizations	200	(2)
Private Foundations	202	(2)
Religious Organizations Other Than Churches	204	(1)
Research and Scientific Organizations	205	(1)
Private Elementary and Secondary Schools	206	(1)
Public Broadcasting Systems	207	(2)
Importance of Budgets to a Not-for-Profit	209	(20)
Principal Federal and State Tax Reporting and Regulatory Requirements	229	(48)
Part 5 General Accounting Topics Applied to Not-for-Profit Organizations
Current Assets and Current Liabilities	277	(8)
Inventory	285	(8)
Long-Lived Assets, Depreciation, and Impairment	293	(12)
Intangible Assets	305	(6)
Contingencies	311	(10)
Business Combinations	321	(10)
Accounting for Pensions and Postretirement Benefits	331	(34)
Long-Term Debt and Restructuring Troubled Debt	365	(18)
Accounting Changes	383	(14)
Accounting for Leases	397	(38)
Financial Instruments	435	(12)
Capitalization of Interest Costs	447	(6)
Appendix: Disclosure Checklist	453	(28)
2001 Self-Study CPE Program	481	(34)
Index	515