Not-for-Profit Accounting, Tax, and Reporting Requirements
2. Auflage
Erschienen am 9. Juni 2010
270 Seiten
978-0-470-64235-1 (ISBN)
Beschreibung
What every not-for-profit must know about accounting, tax, andreporting requirements
Combining the proven guidance of the previous, bestsellingedition with all of the latest regulatory information, EdwardMcMillan delivers a one-stop reporting resource for not-for-profitsin Not-For-Profit Accounting, Tax, and Reporting Requirements,Second Edition.
McMillan's step-by-step guide helps your not-for-profit applyfor tax-exempt status, handle IRS audits, set up a wholly ownedtaxable subsidiary, anticipate tax implications of lobbyingexpenses, and perform a host of other functions.
* All-new coverage of the basics of complying to the new Form990
* New discussions on political action committees, new lobbyingissues, grant accounting and complying with OMB Circular A-122 andYellow Book accounting, fiduciary responsibilities of boards andstaff, and much more
* Contains dozens of checklists, sample letters, and illustrativecharts demonstrating how to apply the principles and requirementsdescribed
A peerless reference for this dynamic field, Not-for-ProfitAccounting, Tax, and Reporting Requirements, Second Editiongives your nonprofit a straightforward guide to simpler financialstructure and reporting obligations.
Weitere Details
Weitere Ausgaben
Person
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 BoardMembers.
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 aFraud Action Plan.
Chapter 11 Using CPA Firms and Understanding TheirFunctions.
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 FinancialStatements.
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-ProfitOrganizations.
Appendix D. Statement of Financial Accounting Standards #136:Transfer of Assets to a Not-for-Profit Organization or CharitableTrust that Raises or Holds Contributions for Others.
Glossary.
Index.
