Book Description:
ISBN-13: 9781119396185
The book “Wiley Not-for-Profit GAAP 2018: Interpretation and Application of Generally Accepted Accounting Principles (2nd Edition)” provides a comprehensive guide to understanding and applying accounting principles specifically tailored for not-for-profit organizations. This updated edition covers the latest changes in accounting standards and regulations, offering practical insights and examples to help readers navigate the complexities of financial reporting in the not-for-profit sector.
The book covers key topics such as revenue recognition, expense reporting, asset valuation, and financial statement presentation, providing clear explanations and real-world examples to illustrate best practices. Readers will learn how to properly interpret and apply GAAP principles to ensure accurate and transparent financial reporting for their organizations.
Whether you are a finance professional, board member, or volunteer involved in the financial management of a not-for-profit organization, this book serves as a valuable resource for understanding the intricacies of GAAP and how to effectively implement them in your organization. With its user-friendly format and practical guidance, this book is an essential tool for anyone involved in the financial management of not-for-profit organizations.
This edition retains the full content with the added advantage of portability, allowing readers to easily access and engage with the material from any device, whether in a classroom or during fieldwork.