Nonprofit Accounting: A Practitioner's Guide

Nonprofit Accounting provides guidance in how to create and operate a nonprofit accounting system, close the books, and produce financial statements – all while operating in accordance with the unique nonprofit accounting standards. Coverage of nonprofit accounting standards includes revenue recognition, joint costs, split-interest agreements, and mergers and acquisitions. The book also describes detailed systems of control, budgeting, and ratio analysis to maintain a proper level of control over funds.