See NEW 2nd EDITION (ISBN-13: 978-0997108965). This Amazon page is for used books only of the older, out-of-date edition. Purchase the new edition only. See the author's 60-page FULL COLOR companion book for neophytes, "A Picture Book of Nonprofit Accounting Statements," also available on Amazon.

Nonprofit Accounting & Financial Statements: Overview for Board, Management and Staff

Ittelson, Thomas R.

Business & Money

Mercury Group, The

NEW 60-PAGE FULL COLOR BOOK—A simple, visual guide to nonprofit financial statements! No prior accounting knowledge necessary. All in pictures! Short and sweet way to learn about nonprofit financial statements. For the neophyte. Accounting is just recording every event (transaction) that has financial impact on the organization—money that comes in and money that goes out. The four main financial statements of a nonprofit organization summarize and document all these transactions, often millions of them! Statement of Activities, Statement of Financial Position, Statement of Cash Flows, and Statement of Functional Expenses. This book will give everyone involved with nonprofit organizations enough financial understanding to review the financial statements and ask questions necessary to fulfill their fiduciary duty to their organization.

A Picture Book of Nonprofit Financial Statements

NEW 2nd EDITION with 2017 FASB Accounting Standards Update.A simple, yet complete (and very readable) guide to nonprofit accounting and financial statement reporting. Teaches how money enters the organization as contributions &amp; gifts, grants &amp; contracts, and program services revenue and then exits the organization as expenses or capital purchases. Shows how nonprofit financial transactions are recorded and how summaries are prepared and presented to stakeholders. No prior accounting knowledge is required. Immensely helpful information made accessible in an informal and witty way. An accounting book that is actually as enjoyable as it is useful! Also see the author's 60-page FULL COLOR companion book for neophytes, "A Picture Book of Nonprofit Accounting Statements," also available on Amazon.

Nonprofit Accounting & Financial Statements: Overview for Board, Management, and Staff

A short and understandable introduction to financial reporting and analysis.A company’s financial statements simply document the movement of cash and goods and services into and out of the enterprise. That is all financial statements are about. It is no more complicated. Everything else is details. Don’t sweat the details. This 48-page, 8.5x11" full color picture book provides an overview with no gobbledygook and confusing jargon. All necessary numeric structure is explained and all essential vocabulary is defined. No prior accounting knowledge required.Understanding financial reporting does not have to be difficult. You have learned all the math required to master financial statements by the end of the fourth grade—mostly addition and subtraction. However, you will need to learn and use specialized accounting vocabulary, which can be confusing. You will also need to understand the structure and appreciate the purpose of the three major numeric statements that describe a company’s financial condition. Each paints a different, essential picture—the “three-legged stool” of company reporting.The Income Statement shows the manufacturing (or service offerings) and selling actions of the company that result in profit or loss during a period of time (called the “period”). The Income Statement gives a very important perspective on the company’s performance — its profitability.The Cash Flow Statement details the movements of cash into and out of the company for the period. You need money to make money. Running out of cash is bad. Duh.The Balance Sheet records at the end of a period, what the company owns and what it owes, including the owners’ stake called shareholders’ equity. Financial statements are simply summaries and structured presentations of the various events (business transactions) that affect a company’s financial performance. Business transactions are anything that transfers money to or from the company, or transfers goods and services. Transactions can also record future financial obligations that the company may assume, or also rights that the company is granted from others. If you can follow a recipe or apply for a loan, you can learn accounting. The basics are not difficult, and they are not rocket science. Just as a CPR class teaches you how to perform cardiac pulmonary resuscitation, this short book will explain how to read financial statements. It will not train you to be an accountant (just as a CPR course will not make you a cardiac doctor), but it should give you the confidence to be able to look at a set of financial statements and make sense of them.Buy this book!

A Visual Guide to Financial Statements: Overview for Non-Financial Managers and Investors

Investing

Financial Statements: A Step-By-Step Guide to Understanding and Creating Financial Reports

Career Pr Inc

Protecting Your Nonprofit from Fraud: Advice for Board and Management

NEW Revised & Expanded 3rd Edition with FASB & OMB Standards Updates, Fund Accounting Methods, and Computer System Design. A simple, yet complete (and very readable) guide to nonprofit accounting and financial statement reporting. Teaches how money enters the organization as contributions & gifts, grants & contracts, and program services revenue and then exits the organization as expenses or capital purchases. Shows how nonprofit financial transactions are recorded and how summaries are prepared and presented to stakeholders. No prior accounting knowledge is required. Immensely helpful information made accessible in an informal and witty way. An accounting book that is actually as enjoyable as it is useful!

This short book will guide readers through the fundamentals of nonprofit accounting, financial statements and financial reporting … and all in a quick 30 pages! Written for nonprofit board members, managers, and staff who do not have an accounting or financial background. Learn the specialized vocabulary of accounting and the simple numeric structure of financial statements, but without the unnecessary details that can get in the way of understanding. No prior accounting knowledge is required. See how the Statement of Activities (the Income Statement in for-profit companies), Statement of Financial Position (Balance Sheet), Cash Flow, and Statement of Functional Expenses (unique to nonprofit reporting) summarize the mission-focused actions of the organization and report on its financial condition. This 30-page guide is complementary to the authors more detailed 230-page text best-seller, "Nonprofit Accounting and Financial Statements: Overview for Board, Management, and Staff" also available on Amazon in paperback (ISBN-13: 978-0-9971089-6-5) and Kindle versions. See all the MercuryGroupPress 30-Page Nonprofit Guides on Amazon.

Understanding Nonprofit Financial Statements in 30 Pages: A Short Tutorial for Board, Management, and Staff (30-Page Nonprofit Guides)

See the best price to sell, buy, or rent books by Ittelson, Thomas R.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Ittelson, Thomas R.

See the best price to sell, buy, or rent books by Ittelson, Thomas R.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Nonprofit Accounting & Financial Statements: Overview for Board, Management and Staff

A Picture Book of Nonprofit Financial Statements

Nonprofit Accounting & Financial Statements: Overview for Board, Management, and Staff

A Visual Guide to Financial Statements: Overview for Non-Financial Managers and Investors

Financial Statements: A Step-By-Step Guide to Understanding and Creating Financial Reports

Protecting Your Nonprofit from Fraud: Advice for Board and Management

Nonprofit Accounting & Financial Statements: Overview for Board, Management, and Staff

Understanding Nonprofit Financial Statements in 30 Pages: A Short Tutorial for Board, Management, and Staff (30-Page Nonprofit Guides)