Mercury Group Press

A Picture Book of Nonprofit Financial Statements

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Description

NEW 60-PAGE FULL COLOR BOOK—A simple, visual guide to nonprofit financial statements! No prior accounting knowledge necessary. All in pictures! Short and sweet way to learn about nonprofit financial statements. Companion book to the best-selling author’s 230-page text, Nonprofit Accounting & Financial Statements: An Overview for Board, Management, and Staff,” also available on Amazon. Accounting is just recording every event (transaction) that has financial impact on the organization—money that comes in and money that goes out. The four main financial statements of a nonprofit organization summarize and document all these transactions, often millions of them! Statement of Activities Statement of Financial Position Statement of Cash Flows Statement of Functional Expenses. This book will give everyone involved with nonprofit organizations enough financial understanding to review the financial statements and ask questions necessary to fulfill their fiduciary duty to their organization.

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