×
Publications
Not-for-Profit Entities - Best Practices in Presentation and Disclosure
Provides financial statement presentation and disclosure examples illustrating U.S. GAAP compliance for the topics most frequently encountered by preparers of financial statements for NFPs.

Not-for-Profit Section Members Receive Additional Savings!

When you log into this website with your AICPA member user account, the section/credential discount will be automatically applied during checkout. Should you have any questions or encounter any issues, please contact the AICPA Service Center at 888-777-7077 or service@aicpa.org.

Find out more information on the NFP Section.

If you are purchasing a product in one of the following formats, please check the system requirements below:

Online Professional Library
The AICPA Online Professional Library will operate in a variety of configurations, but only the configuration described below is supported by our technicians:

  • Windows 7+ (Latest Microsoft Edge, Internet Explorer, Firefox or Chrome)

eBooks through VitalSource®

Operating Systems:

  • Windows 7/8/8.1/10 (32/64 bit)
  • Mac (OS X 10.9 or later)

Browsers:

  • Chrome (stable channel)
  • Firefox (release channel)
  • Safari 9+
  • Internet Explorer 11+
  • Microsoft Edge
  • Mobile Safari 9+
  • Chrome for Android (stable channel)

Mobile:

  • iPhone (iOS 10 or later)
  • iPad (iOS 10 or later)
  • Android Smartphone 5.0 or later
  • Android Tablet (Android OS 5.0 or later)
  • Kindle Fire (OS 5 or later)

VitalSource supports the current browser version.

Other Software Needs
To access your Interactive eBook on your tablet, desktop or mobile device, download the appropriate VitalSource Bookshelf app. Downloading this product will require an account with the third-party vendor and your data will be treated according to the vendor’s terms and conditions.

IMPORTANT:

  • eBooks are intended for a single user only.
  • eBooks are accessible immediately after completing your purchase. Access to the link on the AICPA Store expires one year from the purchase date. You must create a VitalSource account before this time elapses in order to have continued access.
  • This product is refundable within 14 days of your purchase date if no more than 20% of the content was accessed.

Read our eBook Tutorial and see our FAQ for more information.

PDF

  • Adobe® Acrobat® Reader 8 or higher
Product details

A straightforward picture of GAAP compliance for NFPs.

Who Will Benefit?

  • Small-to medium-sized firms and not-for-profit entities

Key Topics

With this resource in your toolkit, you'll save yourself the hours of research required to find out how other NFPs have reported certain elements in their financial statements. We've collected and compiled this comprehensive tool to offer you:

  • Real-world examples of audited NFP financial statements
  • Illustrative disclosures that follow the latest FASB accounting standards effective for NFPs
  • Sample presentations that show variations in practice when permissible under GAAP

This valuable resource provides financial statement presentation and disclosure examples illustrating U.S. GAAP compliance for the topics most frequently encountered by preparers of financial statements for NFPs by drawing from the audited financial statements of an assortment of not-for-profit entities (NFPs).

Intended for use as a tool to help you create and verify the format and accuracy of your company's or clients' financial statements, this resource walks you through the most common presentations used by other nonprofits for challenges such as noncash gifts, donor-imposed restrictions, and functional expenses.

The 2019 edition illustrates the most important, immediate, and challenging disclosures, including:

  • Net asset classes and donor-imposed restrictions
  • Investments, derivatives, endowments, and UPMIFA
  • Liquidity and availability of resources
  • Liabilities, including split-interest agreements and pension plans
  • Contributions and revenue recognition, including grants, contracts, gifts in kind, interests in trusts, and other receivables
  • Analysis of expenses by function and nature
  • Fair value measurements and use of estimates
  • Income taxes and uncertain tax positions for tax-exempt entities
  • Measure of operations and joint costs

Information about the online subscription option:

The online subscription option below includes content updates and unlimited online access for 1 year. AICPA Online Professional Library – your source for the latest guidance, information, and standards on a variety of accounting & auditing, industry-specific, and practice management topics. Click here for more information.

Content preview
Ratings and reviews
Publisher

American Institute of CPAs

The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.

The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialized credentials for qualified professionals who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. With The Chartered Institute of Management Accountants (CIMA), it offers the Chartered Global Management Accountant (CGMA) designation, which sets the global benchmark for quality and recognition in management accounting.

The AICPA and CIMA also make up the Association of International Certified Professional Accountants (the Association), which represents public and management accounting globally, advocating on behalf the public interest and advancing the quality, competency and employability of CPAs, CGMAs and other accounting and finance professionals worldwide.

The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.

NFP Certificates
Price:
$99.00
Member Quantity:
Nonmember Quantity:
Quantity:
Estimated total:
$99.00
Add to cart
Back to Top