Audit and Accounting Guide (eBook)

Not-for-Profit Entities, 2018

eBook Download: EPUB

2018 | 1. Auflage
848 Seiten
John Wiley & Sons (Verlag)
978-1-948306-20-1 (ISBN)

Infos

This AICPA Accounting and Auditing Guide is a must-have for the resource libraries of accounting and auditing professionals who work with not-for-profit organizations. This essential reference book assists accountants in the unique aspects of accounting and financial statement preparation and auditing for not-for-profit entities. Created with common errors and questions in mind, accountants benefit from not-for-profit industry-specific guidance on the issues they are likely to encounter this year.The 2018 edition includes guidance on financial reporting changes, reporting donated services between affiliated NFPs, split-interest agreements, contributions and grants, functional expenses and joint costs, and much more. This new edition provides a comprehensive discussion of FASB ASU No. 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities. The discussion includes highlights of the changes that will assist financial statement preparers with implementing the standard. The guide offers dual guidance throughout, providing readers with the "before-and-after" context to enhance their understanding of the changes, as well as two all-inclusive appendices.

Autor

Founded in 1887, the American Institute of Certified Public Accountants (AICPA) represents the CPA and accounting profession nationally and globally regarding rule-making and standard-setting, and serves as an advocate before legislative bodies, public interest groups and other professional organizations. The AICPA develops standards for audits of private companies and other services by CPAs; provides educational guidance materials to its members; develops and grades the Uniform CPA Examination; and monitors and enforces compliance with the accounting profession's technical and ethical standards. The AICPA's founding established accountancy as a profession distinguished by rigorous educational requirements, high professional standards, a strict code of professional ethics, a licensing status and a commitment to serving the public interest.

Inhalt

1 Introduction 01-.27

2 General Auditing Considerations 01-.150

3 Financial Statements, the Reporting Entity, and General Financial Reporting Matters 01-.194

4 Cash, Cash Equivalents, and Investments 01-.118

5 Contributions Received and Agency Transactions 01-.242

6 Split-Interest Agreements and Beneficial Interests in Trusts 01-.96

7 Other Assets 01-.45

8 Programmatic Investments 01-.71

9 Property and Equipment 01-.49

10 Debt and Other Liabilities 01-.117

11 Net Assets and Reclassifications of Net Assets 01-.64

11 Net Assets and Reclassifications of Net Assets--continued Expiration of Donor-imposed Restrictions 29-.52

12 Revenues and Receivables From Exchange Transactions 01-.25

13 Expenses, Gains, and Losses 01-.134

14 Reports of Independent Auditors 01-.30

15 Tax and Regulatory Considerations 01-.74

16 Fund Accounting 01-.25

Produkt-Details

• Erscheint lt. Verlag: 27.4.2018
• Reihe/Serie: AICPA Audit and Accounting Guide
• Sprache: englisch
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management
• Schlagworte: Accounting • Business & Management • Gemeinnützige Organisationen / Finanz- u. Rechnungswesen • Non-Profit Organizations / Finance & Accounting • Rechnungswesen • Wirtschaft u. Management
• ISBN-10: 1-948306-20-4 / 1948306204
• ISBN-13: 978-1-948306-20-1 / 9781948306201