<p><a>Written in non-complicated prose and reducing complex rules to easily understandable concepts, this book offers a fundamental understanding of how not-for-profit organizations are formed, their structure, and the unique accounting and reporting issues they face. </a></p><p>In the US, the not-for-profit (NFP) sector accounts for just over 10% of all private sector workers, and NFPs must comply with hundreds of rules imposed by the IRS, federal and state government agencies, foundations, and even donors. Yet there is a dearth of informative guidance, and a shortage of knowledgeable bookkeepers and accountants who understand the nuances of NFP accounting and financial reporting. Neither overly technical or complex, this comprehensive and easy-to-read practical guide provides desperately needed information to a wide range of NFP stakeholders such as those who handle the bookkeeping and accounting functions, manage a NFP organization, provide funds or services to NFPs