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.