Category Archives: Accounting for Non Profits

Statement of Activities for Non Profits

The other statement that I thought may be worthwhile posting an example of one of the accepted formats in this blog is the statement of activities. While the statement of cash flows is one of the basic statements of non … Continue reading

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Detailed Statement of Financial Position for Non Profits

 Let us continue with our discussion of the required basic Financial Statements for Non Profits. In my previous post see (Required Basic Financial Statements for Non Profits)  I promised to post an example of detailed presentation of Financial Position. Following … Continue reading

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Required Basic Financial Statements for Non Profits

For those who play one of the many roles of Non profits affairs as a donor, member, customer, supplier, supporter, student etc the presentation of the financial statements can sometimes be challenging. We have seen different forms of presentation of … Continue reading

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Formation of Non Profits and the Types of Non Profits

Some of the fundamental questions if one is interested in knowing more about the Non Profits world are the questions; how are non profits formed? And how many types of non profits are in existence? This blog posting is an … Continue reading

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Accounting For Non Profits-Basics

For the last couple of days I have been involved in lively discussions with friends about how non profits organizations keep their books. The hottest area of discussion was how to properly account for unrestricted and restricted revenues and expenses. … Continue reading

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