Wiley Not-for-Profit GAAP 2004: Interpretation and Application of Generally Accepted Accounting Principles for Not-for-Profit Organizations / Edition 1

Wiley Not-for-Profit GAAP 2004: Interpretation and Application of Generally Accepted Accounting Principles for Not-for-Profit Organizations / Edition 1

by Richard F. Larkin, Marie DiTommaso
     
 

ISBN-10: 0471473073

ISBN-13: 9780471473077

Pub. Date: 01/09/2004

Publisher: Wiley

The most practical, authoritative guide to not-for-profit GAAP

Wiley Not-for-Profit GAAP 2004 is a comprehensive, easy-to-use guide to the accounting and financial reporting principles used by not-for-profit organizations. It is written with the needs of the financial statement preparer, user, and attestor in mind. It provides a complete review of the authoritative

…  See more details below

Overview

The most practical, authoritative guide to not-for-profit GAAP

Wiley Not-for-Profit GAAP 2004 is a comprehensive, easy-to-use guide to the accounting and financial reporting principles used by not-for-profit organizations. It is written with the needs of the financial statement preparer, user, and attestor in mind. It provides a complete review of the authoritative accounting literature that impacts all types of not-for-profit organizations. At the same time, Wiley Not-for-Profit GAAP 2004 features many examples and illustrations that will assist the reader in applying authoritative literature to real-life situations. Wiley Not-for-Profit GAAP 2004 excels in providing financial statement preparers, users, and attestors with the most comprehensive and usable information because of these features:

  • Easy-to-use information that enables the reader to find needed information quickly
  • Coverage of accounting principles specifically related to not-for-profit organizations, as well as accounting principles applicable to all types of organizations
  • Specific coverage of accounting issues for different types of not-for-profit organizations
  • A comprehensive disclosure checklist that helps financial statement preparers and attestors ensure that all disclosures required by GAAP have been considered
  • Many examples and illustrations that make putting accounting theory into practice an easy task

This 2004 Edition also includes new information covering:

  • AICPA Technical Practice Aid addressing donor-defined eligibility requirements
  • Derivatives Implementation Group Topic B35, Embedded Derivatives: Application of Statement 133 to a Not-for-Profit Organization’s Obligation Arising from an Irrevocable Split-Interest Agreement, which provides guidance for determining whether a split-interest agreement includes an embedded derivative
  • FASB Interpretation No. 45, Guarantor’s Accounting and Disclosure Requirements for Guarantees, Including Indirect Guarantees of Indebtedness to Others, including special discussion of loan guarantees that are accounted for as contributions
  • FASB Statement No. 149, Amendment to Statement 133 on Derivative Financial Instruments

Wiley Not-for-Profit GAAP 2004 strives to be a thorough, reliable reference that you’ll use constantly. It’s designed to be kept on your desk rather than on your bookshelf.

Read More

Product Details

ISBN-13:
9780471473077
Publisher:
Wiley
Publication date:
01/09/2004
Edition description:
Revised Edition
Pages:
480
Product dimensions:
7.52(w) x 9.26(h) x 1.11(d)

Table of Contents

Authoritative Accounting Pronouncements.

PART 1: OVERVIEW OF NOT-FOR-PROFIT ORGANIZATIONS.

1. Overview of Not-for-Profit Organizations.

2. Cash versus Accrual Basis Accounting.

PART 2: BASIC FINANCIAL STATEMENTS.

3. Statement of Financial Position.

4. Statement of Activities.

5. Statement of Cash Flows.

6. Other Financial Statement Issues.

PART 3: SPECIFIC NOT-FOR-PROFIT ACCOUNTING TOPICS.

7. fund Accounting.

8. Net Assets.

9. Contributions, Pledges, and Noncash Contributions.

10. Investments.

11. Affiliated Organizations.

12. Split-Interest Agreements.

13. Fund-Raising and Joint Costs.

14. Functional Reporting.

15. Collections.

PART 4: OTHER ACCOUNTING-RELATED NOT-FOR-PROFIT ISSUES TOPICS.

16. Accounting for Specific Types of Not-for-Profit.

17. Importance of Budgets to a Not-for-Profit.

18. Principal Federal and State Tax Reporting and Regulatory Requirements.

PART 5: GENERAL ACCOUNTING TOPICS APPLIED TO NOT-FOR-PROFIT ORGANIZATIONS.

19. Current Assets and Current Liabilities.

20. Inventory.

21. Long-Lived Assets, Depreciation, and Impairment.

22. Intangible Assets.

23. Contingencies.

24. Business Combinations.

25. Accounting for Pensions and Postretirement Benefits.

26. Long-Term Liabilities.

27. Accounting Changes.

28. Accounting for Lease.

29. Financial Instruments.

30. Capitalization of Interest Costs.

Appendix. Disclosure Checklist.

Index.

Read More

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >