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Nonprofit Bookkeeping & Accounting for Dummies

by Maire Loughran

A practical guide to nonprofit finances

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AlbakiReads Editorial

A practical guide to nonprofit finances

Maire Loughran’s second-edition guide brings together the core tasks involved in nonprofit bookkeeping and accounting. It covers foundational terminology and accounting methods alongside financial statements, payroll, tax forms, grants, and the audit process. The book also addresses laws and regulations governing nonprofit accounts, presenting these as part of the practical work of maintaining and understanding an organization’s finances. Its scope makes room for both people handling day-to-day financial operations and those who need to interpret nonprofit statements, without assuming a professional finance background.

Good fit for readers who enjoy

  • Nonprofit managers responsible for bookkeeping or financial operations
  • Volunteers who need an introduction to nonprofit accounting tasks
  • People who need to read and understand nonprofit financial statements

Themes

Nonprofit bookkeeping and accountingFinancial statementsGrants and payrollTax forms, audits, and accounting regulations

Based on publisher information and book metadata.

Book overview

Beginner-friendly information you need to successfully manage finances in a not-for-profit organization

Nonprofit Bookkeeping & Accounting For Dummies is a helpful guide for anyone who is responsible for financial and accounting operations in nonprofit organizations or needs to read and understand a nonprofit financial statement. It includes information on the basics of nonprofit bookkeeping, general nonprofit accounting principles, basic financial statements, and specific laws and regulations that govern the accounting of nonprofit organizations. With the simple guidance in this book, you'll learn how to keep accurate books in accordance with state and federal laws, even if your professional background isn't in finance.

  • Learn the basics of bookkeeping and accounting, including common terminology
  • Choose the right accounting methods and software for your organization
  • Apply for, track, and account for federal grants and other grant money
  • Set up payroll accounts, complete tax forms, and navigate the audit process

Nonprofit Bookkeeping & Accounting For Dummies is the perfect, easy-to-use resource for nonprofit managers and volunteers who need to learn complex rules and regulations that govern nonprofit accounting and bookkeeping procedures.

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