Not-for-Profit Accounting, Tax, and Reporting Requirements (eBook)

Edward J. McMillan (Autor)

eBook Download: EPUB

2010 | 4. Auflage
288 Seiten
John Wiley & Sons (Verlag)
978-0-470-64237-5 (ISBN)

Infos

What every not-for-profit must know about accounting, tax, and
reporting requirements

Combining the proven guidance of the previous, bestselling
edition with all of the latest regulatory information, Edward
McMillan delivers a one-stop reporting resource for not-for-profits
in Not-For-Profit Accounting, Tax, and Reporting Requirements,
Second Edition.

McMillan's step-by-step guide helps your not-for-profit apply
for tax-exempt status, handle IRS audits, set up a wholly owned
taxable subsidiary, anticipate tax implications of lobbying
expenses, and perform a host of other functions.

* All-new coverage of the basics of complying to the new Form
990

* New discussions on political action committees, new lobbying
issues, grant accounting and complying with OMB Circular A-122 and
Yellow Book accounting, fiduciary responsibilities of boards and
staff, and much more

* Contains dozens of checklists, sample letters, and illustrative
charts demonstrating how to apply the principles and requirements
described

A peerless reference for this dynamic field, Not-for-Profit
Accounting, Tax, and Reporting Requirements, Second Edition
gives your nonprofit a straightforward guide to simpler financial
structure and reporting obligations.

Autor

EDWARD McMILLAN is a Certified Public Accountant and Certified Association Executive, and a nationally recognized speaker on not-for-profit financial and management topics since 1992 for the United States Chamber of Commerce, the American Society of Association Executives, the American Institute of Certified Public Accountants, the American Chamber of Commerce Executives, and Destination Marketing Association International. He is also the author of Not-for-Profit Budgeting and Financial Management, Fourth Edition and Model Policies and Procedures for Not-for-Profit Organizations, Fourth Edition both published by Wiley. His articles have appeared in publications including Association Management, Leadership, and Dollars and Cents.

Inhalt

Acknowledgments.

Preface.

Disclaimer.

Chapter 1 Classification of Tax-Exempt Organizations.

Chapter 2 Financial Responsibilities of Not-for-Profit Board
Members.

Chapter 3 The Basics of Form 990, Form 990-EZ, and Form N.

Chapter 4 Tax on Unrelated Business Income and Form 990-T.

Chapter 5 Other IRS Issues.

Chapter 6 Disclosure of Information.

Chapter 7 Conditions of Employment Agreement.

Chapter 8 Wholly Owned Taxable Subsidiaries.

Chapter 9 Internal Revenue Service Audits.

Chapter 10 Developing Strong Internal Controls and Documenting a
Fraud Action Plan.

Chapter 11 Using CPA Firms and Understanding Their
Functions.

Chapter 12 Grant Accounting and Auditing.

Chapter 13 Implications of Lobbying Expenditures.

Chapter 14 Campaign Contributions, PACs, and 527s.

Chapter 15 Internal Audit Committees.

Chapter 16 The Accounting Policies and Procedures Manual.

Chapter 17 Restricted-Fund Transactions.

Chapter 18 The Basics of Intermediate Sanctions.

Chapter 19 The Basics of Not-for-Profit Accounting and Financial
Statements.

Chapter 20 Private Foundations.

Appendixes.

Appendix A. Statement of Financial Accounting Standards #117:
Financial Statements of Not-for-Profit Organizations.

Appendix B. Statement of Financial Accounting Standards #116:
Accounting for Contributions Received and Contributions Made.

Appendix C. Statement of Financial Accounting Standards #124:
Accounting for Certain Investments Held by Not-for-Profit
Organizations.

Appendix D. Statement of Financial Accounting Standards #136:
Transfer of Assets to a Not-for-Profit Organization or Charitable
Trust that Raises or Holds Contributions for Others.

Glossary.

Index.

Produkt-Details

• Erscheint lt. Verlag: 1.6.2010
• Sprache: englisch
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Planung / Organisation
• Schlagworte: Business & Management • Gemeinnützige Organisationen / Finanz- u. Rechnungswesen • Gemeinnützige Organisationen / Finanz- u. Rechnungswesen • Non-Profit Organizations / Finance & Accounting • Wirtschaft u. Management
• ISBN-10: 0-470-64237-8 / 0470642378
• ISBN-13: 978-0-470-64237-5 / 9780470642375