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III. Accounting for Non-Profits
Accounting
Objectives, assets, liabilities, what's left over
Financial Statements
Three basic reports, how to read them
Bookkeeping
Let's look at those pesky debts and credits, definitions, "T" accounting and their usage
Fixed Assets
What's included in total cost, depreciation, recording of, how to compile and value
Management Reports
Budget, comparison reports, trend
Accounting Software
How to decide what is right
Internal Control
Definition, safeguarding of assets
The Board . . . So You've Been Asked
What is required as a member of the board
List for CPA to Look At
Preparation for an exam
Records Retention Schedule
What to keep and how long
ECFA - Donors Bill of Rights
Evangelical Council on Financial Accountability
ECFA - Seven Standards
ECFA - Contact Info
ECFA - Application
Good exercise in financial accountability
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