A Picture Book of Nonprofit Financial Statements

NEW 60-PAGE FULL COLOR BOOK—A simple, visual guide to nonprofit financial statements! No prior accounting knowledge necessary. All in pictures! Short and sweet way to learn about nonprofit financial statements. For the neophyte. Accounting is just recording every event (transaction) that has financial impact on the organization—money that comes in and money that goes out. The four main financial statements of a nonprofit organization summarize and document all these transactions, often millions of them! Statement of Activities, Statement of Financial Position, Statement of Cash Flows, and Statement of Functional Expenses. This book will give everyone involved with nonprofit organizations enough financial understanding to review the financial statements and ask questions necessary to fulfill their fiduciary duty to their organization.