Wiley Not-For-Profit GAAP 2015: Interpretation and Application of Generally Accepted Accounting Principles

Detailed, practical coverage of GAAP, tailored to not-for-profitorganizations

Wiley Not-for-Profit GAAP 2015 is a thorough examinationof the authoritative standards for measurement, presentation, anddisclosure as applied to not-for-profit organizations. Clear andconcise, this user-friendly guide explains the fundamentals of GAAPin an easily-accessible format that includes flowcharts anddiagrams to help facilitate the reader's understanding of thematerial presented, including a financial statement disclosurechecklist to confirm GAAP adherence. Designed specifically foraccountants in public practice and industry, this guide covers allrelevant FASB and AICPA guidelines, to provide a complete referencetool for auditors who need a comprehensive understanding of GAAPfor not-for-profit organizations.

Due to these organizations' unique characteristics, not-for-profit accountants must adhere to specific GenerallyAccepted Accounting Principles. These requirements are complex andever evolving, but Wiley Not-for-Profit GAAP 2015 bringsthem together in a single volume that contains the mostup-to-the-minute information available.

Refine basic financial statements, including FinancialPosition, Activities, and Cash FlowTackle not-for-profit-specific issues like fundraising, noncashcontributions, affiliations, and pledgesTailor accounting methods to the specific type of organization, with budgeting, tax reporting, and regulatory adviceDiscover how general accounting topics like assets, mergers, and liabilities are applied to not-for-profit organizations

Preparers and auditors of not-for-profit accounts must stayup-to-date on the latest GAAP practices to best serve theorganization, while complying with all disclosure, reporting, andregulatory requirements. Wiley Not-for-Profit GAAP 2015provides extensive coverage and practical advice on the latestGAAP, tailored to the not-for-profit organization's uniqueneeds.