Not-for-Profit Reporting (2008)

Not-for-Profit Reporting: GAAP Plus Tax, Financial, and Regulatory Requirements offers solid analysis and lucid explanations, peppered with real-world examples and cautionary advice. Make it your one-stop guide to not-for-profit accounting and reporting issues, including: - How to prepare a not-for-profit enterprise's statement of activities, statement of cash flows, and disclosures - How to recognize the value of contributions of works of art and historical treasures - How to report revenues from fundraising galas and special events - How to report promises to give, pledges, collections, and pooled investments - When and how to prepare consolidated financial statements for related organizations - The laws, regulations, and other standards that apply to not-for-profit organizations that receive direct or indirect financial assistance from the federal government - And much more. The 2008 Edition has been updated to include the following: · FAS-157 (Fair Value Measurements) · FAS-158 (Employers Accounting for Defined Benefit Pension and Other Postretirement Plans an Amendment of FASB Statements No. 87, 88, 106, and 132(R) · FAS-159 (The Fair Value Option for Financial Assets and Financial Liabilities Including an Amendment of FASB Statement No. 115) · FIN-48 (Accounting for Uncertainty in Income Taxes an interpretation of FASB Statement No. 109 · EITF Issue 06-2 (Accounting for Sabbatical Leave and Other Similar Benefits Pursuant to FASB Statement No. 43)