Not-for-Profit Budgeting and Financial Management

Now fully revised, Not-for-Profit Budgeting and Financial Management, Second Edition, offers a financial planning system that is not only easy to use and monitor, but also ensures true fiscal accountability in the complex not-for-profit arena.

• Adds three entirely new chapters on Footnoting the Statement of Activity, Presenting Cash Prepared and Accrual Statements on the same page, and The Importance of the Executive Summary
• Fully updated with the latest financial advice to benefit your nonprofit
• Explains how to separate controllable, semi-controllable, and fixed expenses
• Reveals how you can prepare and present such top-notch budget documents that budgets will be approved the first time

Written in a nontechnical, understandable format, incorporating dozens of relevant forms and documents, this completely revised and expanded edition will enable your nonprofit organization to create and manage reasonable financial plans that fit their organization's needs.

EDWARD MCMILLAN is a Certified Public Accountant and Certified Association Executive, and is a nationally recognized speaker on not-for-profit financial and management topics since 1992 for the United States Chamber of Commerce, the American Society of Association Executives, the American Institute of Certified Public Accountants, the American Chamber of Commerce Executives and the Destination Marketing Association International. He has written six books, including five for Wiley, as well as Guide to Fringe Benefits for Not-for-Profit Organizations, Complying with SFAS #116 and #117, and The Audit: A Novel. He is also the author of numerous articles appearing in such publications as Association Management, Leadership, and Dollars and Cents.