Now, to help you master the CICA Standards, here is the ultimate desktop reference Guide for accountants working in not-for-profit organizations and practitioners who have NFPOs as clients. This work addresses those vital accounting and financial reporting standards, and helps you apply them in a straightforward, pragmatic and economical manner. Key discussions are referenced to the latest disclosure requirements and extant and proposed CICA policies, all extensively supplemented by dozens of sample not-for-profit financial statements, checklists, government forms and illustrations of note disclosure. This Guide discusses accounting and financial reporting issues for not-for-profit organizations which are covered in the CICA Handbook. It is specifically intended to help readers understand the accounting and financial reporting standards for NFPOs and how to apply these standards in a practical manner.
This Guide includes:
- Discussion of the basic concepts relating to accounting and financial reporting standards for NFPOs
- Definitions and terminology
- Example statements, sample forms and checklists
- Commentary and tips from the author