This 2013 update is the first comprehensive revision of the guide since 1996. Relevant AICPA literature has been incorporated, and the authoritative auditing content of the guide has been fully conformed to changes resulting from the ASB Clarity Project.
Get the Advice You Need Directly from Industry Experts
This guide provides assistance in the unique preparation, auditing, accounting and reporting of financial statements for not-for-profit entities. All content is reviewed by industry experts and approved by the appropriate AICPA senior technical committees.
This new edition covers:
the unique accounting and auditing issues for not-for-profit entities
reporting relationships with other entities
reporting and measuring noncash gifts
expiration of donor-imposed restrictions
program-related investments and microfinance loans
principles for reporting net assets and related disclosures
accounting for contributions and receivables
accounting for reporting investments
auditing net asset classification and revenue and expense recognition
The basis for the accounting content is the authoritative guidance from the FASB Accounting Standards Codification, which has been supplemented with plain-English explanations, examples and guidance and recommendations from FinREC conclusions.
Don’t be without the most trusted and up-to-date not-for-profit audit and accounting information available.
Get even more value with the Not-for-Profit Entities: Audit & Accounting Set. This convenient bundle gives you access to the full range of Not-for-Profit content offered by the AICPA, all in one convenient online subscription. This online bundle includes how-to advice and authoritative guidance, valuable discussion, best practices, and much more. Follow the link above for more details.
Online Subscription > AICPA Online Professional Library. Your subscription includes the corresponding Audit Risk Alert, content updates and unlimited online access for 1 year.
AICPA Online Professional Library – your source for the latest guidance, information, and standards on a variety of accounting & auditing, industry-specific, and practice management topics. Subscribe to the product, bundle, or library that best meets your organization's needs. Click here for more information.
If purchasing this title as an eBook, please note that it is intended for a single user. An eBook is a downloadable file that will be accessible immediately after completing your purchase. Access to the download link expires 180 days from the purchase date. Download the file before this time elapses. Before downloading your eBook, you must:
Return to CPA2Biz.com and go to My Account > My Downloads
Click the eBook title to download and open automatically in Adobe Digital Editions
Note: To access your eBook on a smartphone, tablet or other reading device, see our FAQ. This product is refundable within 10 days of your purchase date. For more information about this product or service concerns, please contact the CPA2Biz/AICPA Service Center at firstname.lastname@example.org or call 888-777-7077.