Streetsmart financial basics for nonprofit managers / Thomas A. McLaughlin.

Format:

Book

Author/Creator:

McLaughlin, Thomas A., author.

Series:

Wiley Nonprofit Law, Finance and Management Series

Language:

English

Subjects (All):

Nonprofit organizations--Finance.

Nonprofit organizations.

Nonprofit organizations--Accounting.

Physical Description:

1 online resource (365 p.)

Edition:

Fourth edition.

Place of Publication:

Hoboken, New Jersey : Wiley, 2016.

Language Note:

English

Summary:

The complete guide to the basics of nonprofit financial management Let's be honest. Most books about financial management are densely written, heavy on jargon, and light on practicality. Expert financial consultant and author Tom McLaughlin takes a different approach with his fourth edition of Streetsmart Financial Basics for Nonprofit Managers. This comprehensive guide provides effective, easy-to-use tips, tools, resources, and analyses. The light, humorous tone in Streetsmart Financial Basics for Nonprofit Managers makes it an accessible resource for nonprofit executives, board members, students, and those new to the field. This book forgoes useless, pretentious verbiage in order to outline real-world strategies that work. This edition includes: * New insights, updates, vignettes, case studies, and examples to deal with the implications of nonprofit financial management * An examination of nonprofit business models in relation to growing demands from the government and other funders * How to construct business plans for virtually any nonprofit entity * Customizable resources-including financial worksheets, forms, and Excel templates to help nonprofit managers complete their day to day assignments * A guided tour through common aspects of nonprofit management, such as financial analysis, accounting, and operations Practical and informative, Streetsmart Financial Basics for Nonprofit Managers is the go-to financial management reference for nonprofit managers, boards of directors, and funders.

Contents:

Preface

Structure of nonprofit organizations

Mission : managing your two bottom lines

Accounting as a second language : a nine-point program

Assets are for boards, activities are for managers

Balance sheets : how they get that way

Financial analysis : a few analytical tools

Beyond the C3 : alternate corporate structures

Nonprofit accounting : acknowledging the strings attached

Cost accounting : how much does it cost?

Auditing : choosing and using an auditor

Cash is king

Capital : not a four-letter word

Budgeting : taming the budget beast

Indirect costs and other despised items

Danger zone : cost reimbursement programs

Managing money-losing programs

The milestones of spending on overhead costs

Pricing : how much should it cost?

Profit : why and how much?

To raise more money, think cows

Owning a building : what's in it for you?

Insurance : the maddeningly complicated art of covering your assets

Internal controls for external goals

Scrutiny intensifies

Management controls : toward accountability for performance

Finance is oil, development is water

When do you CFO?

Business models and business plans

How to beat the next recession.

Notes:

Includes index.

Description based on print version record.

ISBN:

9781119061328

1119061326

9781119061274

111906127X

OCLC:

930875602