Nonprofit Financial Management: A Practical Guide / Edition 1

by Charles K. Coe

Overview

A timely, practical, and concise handbook of best practices for nonprofit financial management

In 2010 an estimated 325,000 charities, membership groups, and trade associations-with small nonprofits disproportionately represented'stand to lose their tax exemptions for failure to comply with financial management requirements. Nonprofit Financial Management: A Practical Guide is a timely, functional, and concise handbook of best practices for nonprofit organizations of every size.

• Addresses federal reporting requirements and discusses methods to decrease expenses, ensure accounting control, increase revenues through professional cash management, and understand budget statements
• Explains how to read financial statements and analyze a nonprofit's financial condition by using the most recent IRS 990 reporting form
• Covers the full range of financial-management topics, including accounting, internal controls, auditing, evaluating financial condition, budgeting, cash management and banking, purchasing and contracting, borrowing and risk management

Written in an easy-to-read style, with more than 100 exhibits, this book is essential for every nonprofit financial manager.

Product Details

ISBN-13:	9781118011324
Publisher:	Wiley
Publication date:	06/28/2011
Series:	Wiley Nonprofit Authority , #4
Edition description:	New Edition
Pages:	256
Product dimensions:	6.20(w) x 9.10(h) x 1.00(d)

About the Author

Charles K. Coe is a Professor in the Department of Public Administration at North Carolina State University, teaching courses on budgeting and financial management. He is the author of over fifteen handbooks for management of state and local government, including Public Financial Management and Purchasing and Materials Management Handbook.

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Table of Contents

Who this Book Is For ix

Acknowledgments xi

CHAPTER 1 Introduction 1

CHAPTER 2 Account for Transactions 9

CHAPTER 3 Create the Internal Control System 31

CHAPTER 4 Manage the Audit 43

CHAPTER 5 Evaluate Financial Condition 77

CHAPTER 6 Prepare and Manage the Budget 97

CHAPTER 7 Manage Cash Flow 127

CHAPTER 8 Purchase Goods 137

CHAPTER 9 Contract to Provide a Service 153

CHAPTER 10 Manage Capital Assets and the Inventory 159

CHAPTER 11 Invest Funds 165

CHAPTER 12 Manage Banking Relations 185

CHAPTER 13 Borrow Funds 199

CHAPTER 14 Manage Risks 205

Notes 229

Index 237