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Wiley Not-for-Profit GAAP 2012: Interpretation and Application of Generally Accepted Accounting Principles Paperback – February 7, 2012

ISBN-13: 978-0470924020 ISBN-10: 0470924020 Edition: 9th

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Wiley Not-for-Profit GAAP 2012: Interpretation and Application of Generally Accepted Accounting Principles + The Simplified Guide to Not-for-Profit Accounting, Formation and Reporting + The Budget-Building Book for Nonprofits: A Step-by-Step Guide for Managers and Boards
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Product Details

  • Paperback: 549 pages
  • Publisher: Wiley; 9 edition (February 7, 2012)
  • Language: English
  • ISBN-10: 0470924020
  • ISBN-13: 978-0470924020
  • Product Dimensions: 7.4 x 1.2 x 9.2 inches
  • Shipping Weight: 3.2 pounds (View shipping rates and policies)
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #1,115,016 in Books (See Top 100 in Books)

Editorial Reviews

From the Back Cover

The most practical, authoritative guide to not-for-profit GAAP

Wiley Not-for-Profit GAAP 2012 is a comprehensive, easy-to-use guide to the accounting and financial reporting principles used by not-for-profit organizations. It is written with the needs of the financial statement preparer, user, and attestor in mind. It provides a complete review of the authoritative accounting literature that impacts all types of not-for-profit organizations. At the same time, Wiley Not-for-Profit GAAP 2012 features many examples and illustrations that will assist the reader in applying authoritative literature to real-life situations. Wiley Not-for-Profit GAAP 2012 excels in providing financial statement preparers, users, and attestors with the most comprehensive and usable information because of these features:

  • Easy-to-use information that enables the reader to find much needed information quickly

  • Coverage of accounting principles specifically related to not-for-profit organizations, as well as accounting principles applicable to all types of organizations

  • Specific coverage of accounting issues for different types of not-for-profit organizations

  • A comprehensive disclosure checklist that helps financial statement preparers and attestors ensure that all disclosures required by GAAP have been considered

  • Many examples and illustrations that make putting accounting theory into practice an easy task

This 2012 Edition includes new information covering:

  • Intangibles – Goodwill and Other (ASU 2010-28 and ASU 2011-8)

  • Business Combinations (ASU 2010-29)

  • Receivables (ASU 2011-02)

  • Fair Value Measurement (ASU 2011-4)

  • Health Care Entities (ASU 2011-07)

Wiley Not-for-Profit GAAP 2012 strives to be a thorough, reliable reference that you'll use constantly. It's designed to be kept on your desk rather than on your bookshelf.

About the Author

Richard F. Larkin, CPA (Bethesda, MD) is technical director of not-for-profit accounting and auditing for Long Group, Chartered, in Bethesda, Maryland. He is a certified public accountant with over 35 years of experience serving not-for-profit organizations. He teaches, speaks, and writes extensively on not-for-profit industry matters.

Marie DiTommaso, CPA, (Woodcliff Lake, NJ) is a partner in her own CPA practice, DiTommaso & Ruppel, CPAs. She has over 20 years of experience in accounting and financial reporting in both the not-for-profit and commercial accounting environments.

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Most Helpful Customer Reviews

2 of 2 people found the following review helpful By Ramona R. Krone on October 8, 2012
Format: Paperback Verified Purchase
This book is going to be handy for me as I delve into Not-for-Profit accounting as a facility accountant. I like the fact that it lists all of the FASB updates for the year. There is a lot of information in this book, so be prepaired to do a lot of reading.
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Format: Paperback Verified Purchase
This book provide a clear and simple overview of non-profit accounting and reporting, with examples that are easy to understand. Great for someone with a bookkeeping background who is just learning about non-profit bookkeeping.
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Wiley Not-for-Profit GAAP 2012: Interpretation and Application of Generally Accepted Accounting Principles
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