Financial Management for Nonprofit Organizations: Policies and Practices (3rd Edition)

Specifications

Book Description

Essential guidance and tools for effective nonprofit financial management

Financial Management for Nonprofit Organizations 3rd edition (PDF) provides college students; board members and professionals with a comprehensive reference for the field. Identifying key objectives and exploring current practices; this ebook offers practical guidance on all major aspects of nonprofit financial management. As non-profit organizations fall under ever-increasing scrutiny and accountability; this ebook provides the essential knowledge and tools professionals need to maintain a strong financial management system while serving the organization’s stated mission. Cash flow; financial management; and financial sustainability are perennial issues; and this ebook Financial Management for Nonprofit Organizations: Policies and Practices 3rd edition highlights the skills; concepts; and tools that help organizations address those issues. Clear guidance on reporting; analytics; risk management; investing; and more comprise a singular reference that nonprofit finance and accounting professionals and board members should keep within arm’s reach.

Updated to reflect the post-recession reality and outlook for nonprofits; this new 3rd edition includes new examples; expanded tax-exempt financing material; and recession analysis that informs strategy going forward.

• • Craft appropriate financial policies

• • Delve into smart investing and risk management best practices

• • Manage your organization’s resources in the context of its mission

• • Understand nonprofit financial practices; processes; and objectives

• • Articulate the proper primary financial objective; target liquidity; and how it ensures financial health and sustainability

• • Manage liquidity; cash and operating budgets; reporting; IP; legal risk; debt; and other liabilities; internal controls and more

Although the U.S. economy has recovered; recovery has not addressed the systemic and perpetual funding challenges nonprofits face year after year. Despite positive indicators; many organizations remain hampered by pursuit of the wrong primary financial objective; insufficient funding; and a lack of investment in long-term sustainability; in this climate; financial managers must stay up-to-date with the latest practices; tools; and regulations in order to serve their organization’s interests. Financial Management for Nonprofit Organizations 3e provides in-depth; clear reference and strategy for navigating the expanding financial management function.

NOTE: This sale only includes the ebook Financial Management for Nonprofit Organizations: Policies and Practices 3e in PDF. No access codes included.