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Paperback Wiley Not-For-Profit GAAP: Interpretation and Application of Generally Accepted Accounting Principles for Not-For-Profit Organizations Book

ISBN: 0471798258

ISBN13: 9780471798255

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

The most practical, authoritativeguide to not-for-profit GAAP Wiley Not-for-Profit GAAP 2007 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 2007 features many examples and illustrations that will assist the reader in applying authoritative literature to real-life situations. Wiley Not-for-Profit GAAP 2007 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 2007 Edition also includes new information covering: * FASB 155, Accounting for Certain Hybrid Financial Instruments * FASB 156, Accounting for Service of Financial Assets * FASB 157, Fair Value Measurements * FASB 158, Employer's Accounting for Defined Benefit Pension and Other Post-retirement Plans * Update of FASB project on accounting for not-for-profit organization mergers and acquisitions Wiley Not-for-Profit GAAP 2007 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.

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Format: Paperback

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We receive 1 copy every 6 months.

Customer Reviews

3 ratings

Excellent Resource for NPO Auditors and Accountants

I bought the 2001 edition of this book, and found it to be well-organised, and with a clear presentation. It is obviously intended for accountants and practitioners. Topic are explained with a significant amount of detail, so the size of the book is rather large. If you would like something more handy, look for the pocket book edition. I came back to this page, since my edition is now eight yers old. Well, this one doesn't seem to be much different - which just goes to prove that accounting doesn't change at the same pace as Information Technology. It has the same chapter headings, and the text also appears to be broadly the same. The printing and the type face is fine for people over 40. My edition is on genuine acid-free paper, and hasn't yellowed so far. A good investmen if you are involved in NPO accounting or auditing.

Great source of information!

So far I have found this to be an excellent source of information on non-profit GAAP. The book is easy to read and is very thorough.

GAAP specific to non-profits

Yes, it is 2008. But don't take the 2007 in the book's title too literally. The guidelines in the book are extremely unlikely to change in this year. The book is aimed as readers in US charities and other non-profit organisations. Describing in straightforward fashion how to do your books under GAAP. There is a presumption that you, the reader, are already a bookkeeper or accountant and are already familiar with the basics of bookkeeping. The book goes into aspects of GAAP that are likely pertinent to many non-profits. Like how to deal with an endowment. Or if a person comes to you and wants to establish a trust that would give distributions to that person while she is alive. And then, after her death, the trust's assets revert to your organisation. These and many other common situations for many established non-profits are well described.
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