Nonprofit Bookkeeping & Accounting For Dummies

Introduction 1 Part 1: Accounting and Bookkeeping Nonprofit-Style 5 Chapter 1: Introducing Nonprofit Bookkeeping and Accounting 7 Chapter 2: Starting with Basic Bookkeeping and Accounting 27 Chapter 3: Introducing Financial Statements 43 Chapter 4: Keeping Accurate Accounting Records 59 Part 2: Balancing Your Nonprofit's Books 75 Chapter 5: Setting Up the Chart of Accounts for Nonprofits 77 Chapter 6: Recording Accounting Transactions 89 Chapter 7: Keeping Tabs on Your Checking Account 101 Chapter 8: Starting with Manual Bookkeeping 117 Chapter 9: Advancing into Nonprofit Accounting Software 133 Chapter 10: Balancing Cash Flow with an Operating Budget 153 Part 3: Accounting for Nonprofit Situations 169 Chapter 11: Introducing Federal Grants 171 Chapter 12: Tracking and Accounting for Federal Dollars 187 Chapter 13: Staying in Nonprofit Compliance 209 Chapter 14: Preparing for an Audit 221 Chapter 15: Accounting for Payroll and Payroll Taxes 245 Chapter 16: Doing the Accounting for Tax Form 990 265 Part 4: Wrapping Up the Books 277 Chapter 17: Analyzing the Statement of Activities 279 Chapter 18: Reporting Financial Position 291 Chapter 19: Eyeing the Statement of Cash Flows 305 Chapter 20: Organizing the Statement of Functional Expense 315 Chapter 21: Closing the Nonprofit Books 325 Part 5: The Part of Tens 339 Chapter 22: Ten Important Things to Know When Keeping a Nonprofit's Books 341 Chapter 23: Ten Tips for Keeping Your Nonprofit Viable 349 Index 355

Maire Loughran, CPA, is an accountant and auditor with 20 years of experience as a full, adjunct accounting professor. She is author of Financial Accounting For Dummies, Auditing For Dummies, and Intermediate Accounting For Dummies.