Product Review

NEW 2nd EDITION with 2017 FASB Accounting Standards Update.A simple, yet complete (and very readable) guide to nonprofit accounting and financial statement reporting. Teaches how money enters the organization as contributions & gifts, grants & contracts, and program services revenue and then exits the organization as expenses or capital purchases. Shows how nonprofit financial transactions are recorded and how summaries are prepared and presented to stakeholders. No prior accounting knowledge is required. Immensely helpful information made accessible in an informal and witty way. An accounting book that is actually as enjoyable as it is useful! Also see the author's 60-page FULL COLOR companion book for neophytes, "A Picture Book of Nonprofit Accounting Statements," also available on Amazon.