This comprehensive accounting and financial reporting guide is specifically for not-for-profit organizations and their auditors to use in the preparation of their financial statements in accordance with generally accepted accounting principles (GAAP). In a clear manner, this guide provides technical information for performing day-to-day accounting operations, accounting for complex and non-routine transactions, and preparing financial statements. Includes a financial statement disclosure checklist.

Richard F. Larkin (Falls Church, VA) works in the Not-for-Profit Industry Services Group of Price Waterhouse LLP.