This title provides the tools necessary to go beyond the theory and create value-added services for accountants' clients. In the not-for-profit arena. This book allows readers to examine, evaluate, and perform case studies, which will enhance their working knowledge of fundamental not-for-profit accounting and reporting, presentation requirements, note disclosures unique to not-for-profits, and options allowed under generally accepted accounting principles.

Key topics include:
* Financial statement presentation, including FASB's financial reporting standard
* Statement of activities
* Statement of financial position and statement of cash flow
* Note disclosures
* Contribution concepts
* Functional expense and allocation of costs
* Endowments
* Operating versus non-operating
* Split interest agreements and beneficial trusts
* Agency transactions
* Programmatic investments
* Common financial statement mistakes