Wiley Not-for-Profit GAAP 2012

Preface vii About the Authors ix Not-for-Profit Accounting Literature xi Part 1 Overview of Not-for-Profit Organizations Chapter 1 Overview of Not-for-Profit Organizations 3 Chapter 2 Cash versus Accrual Basis Accounting 9 Part 2 Basic Financial Statements Chapter 3 Statement of Financial Position 21 Chapter 4 Statement of Activities 27 Chapter 5 Statement of Cash Flows 37 Chapter 6 Other Financial Statement Issues 51 Part 3 Specific Not-for-Profit Accounting Topics Chapter 7 Fund Accounting 73 Chapter 8 Net Assets 85 Chapter 9 Contributions, Pledges, and Noncash Contributions 93 Appendix A Checklist 120 Appendix B Checklist 122 Appendix C Checklist 124 Appendix D Checklist 126 Appendix E Checklist 128 Appendix F Checklist 131 Appendix G Checklist 135 Chapter 10 Investments 137 Chapter 11 Affiliated Organizations 159 Appendix A Checklist 180 Chapter 12 Split-Interest Agreements 183 Chapter 13 Fund-Raising and Joint Costs 195 Appendix A Checklist 207 Chapter 14 Functional Reporting 209 Chapter 15 Collections 215 Part 4 Other Accounting-Related Not-for-Profit Topics Chapter 16 Accounting for Specific Types of Not-for-Profits 221 Associations and Professional Societies 222 Churches 224 Clubs 225 Libraries 227 Museums 227 Performing Arts Organizations 228 Private Foundations 230 Religious Organizations other than Churches 232 Research and Scientific Organizations 233 Private Elementary and Secondary Schools 234 Public Broadcasting Systems 235 Chapter 17 Importance of Budgets to a Not-for-Profit 237 Chapter 18 Principal Federal and State Tax Reporting and Regulatory Requirements 257 Part 5 General Accounting Topics Applied to Not-for-Profit Organizations Chapter 19 Current Assets and Current Liabilities 315 Chapter 20 Inventory 323 Chapter 21 Long-Lived Assets, Depreciation, and Impairment 333 Chapter 22 Intangible Assets 347 Chapter 23 Contingencies 355 Chapter 24 Mergers and Acquisitions 369 Chapter 25 Accounting for Pensions and Postretirement Benefits 387 Chapter 26 Long-Term Liabilities 427 Chapter 27 Accounting Changes 445 Chapter 28 Accounting for Leases 453 Chapter 29 Financial Instruments 489 Chapter 30 Capitalization of Interest Costs 503 Appendix: Disclosure Checklist 509 Index 539