Not-for-Profit Reporting : GAAP Plus Tax, Financial, and Regulatory Requirements

by Becker, Howard; Terrano, Richard J.

• ISBN13: 9780808090656
• ISBN10: 0808090658
• Format: Paperback
• Copyright: 2006-12-15
• Publisher: Cch Inc

Summary

Written by fellow practitioners, CCH's Not-for-Profit Reporting helps experienced CPAs efficiently perform not-for-profit accounting and prepare complete financial statements in accordance with GAAP while fulfilling tax, financial, and regulatory requirements. The book puts the entire world of not-for-profit accounting-from issues in the GAAP hierarchy to financial presentation and regulatory reporting-at your fingertips. To make your audits more focused and efficient, Not-for-Profit Reporting provides pertinent observations gleaned from practice, along with clear examples and sample financial statements for different types of entities. And because Not-for-Profit Reporting is peer reviewed, you and your clients can have confidence in its analysis. This is a one-stop reference that gives you the resources you need to satisfy all of your requirements.

Table of Contents

Preface	p. vii
Acknowledgments	p. xi
About the Authors	p. xiii
Introduction and Background
Introduction	p. 1.01
Overview of Current Pronouncements	p. 2.01
Accounting for Not-for-Profit Organizations
Revenues	p. 3.01
Expenses	p. 4.01
Assets	p. 5.01
Liabilities	p. 6.01
Organizational Issues	p. 7.01
External Financial Reporting
Overview of External Financial Reporting	p. 8.01
Note Disclosures	p. 9.01
Cash Flows	p. 10.01
Display of Certain GAAP Transactions	p. 11.01
Service Efforts and Accomplishments	p. 12.01
Regulatory Financial Reporting
Tax Reporting Requirements	p. 13.01
Payroll and Miscellaneous Requirements	p. 14.01
Office of Management and Budget	p. 15.01
Cost Accounting Standards	p. 16.01
Sample Financial Statements-Net Asset Class Model	p. APP-A.01
Sample Financial Statements-Specialized Organizations	p. APP-B.01
Abbreviations	p. ABB.01
Accounting Resources on the Web	p. WEB.01
Cross-Reference	p. CR.01
Index	p. IND.01
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