From the Back Cover
The most practical, authoritative guide to not-for-profit GAAPWiley Not-for-Profit GAAP 2010 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 2010 features many examples and illustrations that will assist the reader in applying authoritative literature to real-life situations. Wiley Not-for-Profit GAAP 2010 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
FASB 157, Fair Value Measurements
FASB 158, Employer's Accounting for Defined Benefit Pension and Other Post-retirement Plans
FASB 48, Accounting for Uncertainty in Income Taxes
This 2010 Edition also includes new information covering:
FASB 164, Not-for-Profit Entities—Mergers and Acquisitions
FASB 165, Subsequent Events
FASB Staff Position 117-1, Endowment of Not-for-Profit Organizations—Net Asset Classification of Funds Subject to an Enacted Version of the Uniform Prudent Management of Institutional Funds Act, and Enhanced Disclosures for All Endowment Funds
FASB Accounting Standards Codification
Wiley Not-for-Profit GAAP 2010 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 is technical director of not-for-profit accounting and auditing for BDO Seidman LLP, in Bethesda, Maryland. Previously he was the technical director of the Not-for-Profit Industry Services Group in the national office of PricewaterhouseCoopers. He is a certified public accountant with over forty years of experience serving not-for-profit organizations as independent accountant, board member, treasurer, and consultant. He teaches, speaks, and writes extensively on not-for-profit industry matters and is active in professional and industry organizations. He has been a member of the Financial Accounting Standard Board Not-for-Profit Advisory Task Force and the AICPA Not-for-Profit Organizations Committee, and chair the AICPA Not-for-Profit Audit Guide Task Force. He participated in writing both the third and fourth editions
of Standards of Accounting and Reporting for Voluntary Health and Welfare Organizations, and the AICPA Practice Aid,
Financial Statement Presentation and Disclosure Practices for Not-for-Profit Organizations. He graduated from Harvard College and has an MBA from Harvard School. He is a coauthor of the fourth, fifth, and sixth editions of
Financial and Accounting Guide for Not-for Profit Organizations, which were published by John Wiley & Sons, Inc.
Marie DiTommaso, CPA , has thirty years of experience in accounting and financial reporting in both the not-for-profit and commercial accounting environments. She began her career with KPMG after graduating from Queen College of the City University of New York. Later in her career, she joined the American Express Company and then Dun & Bradstreet Corporation, both to develop, write, and implement accounting policies procedures. After leaving these corporate organizations, Ms. DiTommaso served as the chief financial officer of a not-for-profit organization.
Ms. DiTommaso is a member of the American Institute of Certified Public Accountant . She has served as President of the Bergen County chapter of the New Jersey Women Business Owners Association, and as an advisor to its Board of Directors.
