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There are lots of ideas that people provide to boost the life high quality, about whatever. Here, we likewise will certainly use you a really easy pointer to life much better. Reading is our idea. Please ask why we suggest this book to review. Many individuals aim to make themselves to be abundant, however at some point they ignore a very simple point. Reading is actually a simple point, yet many slouch to do it. It's sort of uninteresting task and waste the time.
Find your very own page to be complied with just what your need is. However, do not forget. It is an excellent publication. You can find it as one of one of the most advised book in this day. When you have actually discovered and also got it, don't only consider the certain web page. All web pages worry about useful and essential info. It will certainly influence you the best ways to get the most effective point while analysis.
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Product details
File Size: 977 KB
Print Length: 261 pages
Publisher: Wiley; 2 edition (December 7, 2010)
Publication Date: December 7, 2010
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B004G5Z226
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The differences between GAAP and GAAP with application of FASB 116 and 117 are provided with over 75% of the book used for this purpose. Bookkeeping experience is necessary, and some accounting is also required to understand these differences. Good information for churches and a must for all IRS Form 1024 not-for-profit board members. Those serving on such boards need this and some accounting primers to fulfill their responsibilities. IRS Form 1023 churches are currently exempt from the 990 filing but should seriously consider adopting the FASB 116 and 117 recommendations indicated in this book. Financial institutions providing funding of any type to not-for-profit entities will be looking for financial statements that include the not-for-profit rules of FASB 116 and 117. Rated five stars for those with accounting backgrounds and involved in financial areas of not-for-profit 501(c)(3) 1023 and 1024 organizations.
With 3.9 GPA, “A’s†in accounting and financial accounting, I would have switched to quantum physics if a professor assigned this book as text. The information is correct, but the dense writing and text style are guaranteed sleep aid. I do wish I had a modern text to recommend.
Good for the non-accountant.
I purchased this book in to prepare myself for a change of career, hopefully moving from the for-profit to the not-for-profit world. Having worked as an accountant for many years, this book was challenging but useful. I would definitely NOT recommend it for the neophyte in the accounting world.One of my pet peeves is books which have numerous typos. Having read the second edition of this book, I found way too many typos to be acceptable. This forces the reader to try to figure out what the author is trying to say rather than trying to grasp the content of the book. This is truly distracting and unnecessary.
I have looked at a number of books on the subject and this one comes the closest yet to having the kind of information I am looking for. The basic problem is that all these books think that you have a full time accounting staff. I have a degree in accounting and a MBA so I know something. For the small non profit what these books all say to do is unreasonable. The average board member has difficulty understanding a simple P & L.
Good coverage for the beginner.
This is an overall good product. There is an abundance of practice questions to choose from, and the software explains why the answer is correct. However, in the exam mode, the software only tells you if the question is wrong, and does not explain why.
I still haven't finish reading it... it is too technical and boring... I would'nt recoment this book to anyone... Sorry!
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