Unified Financial Reporting System for Not-for-Profit Organizations A Comprehensive Guide to Unifying GAAP, IRS Form 990 and Other Financial Reports Using a Unified Chart of Accounts

Sponsored by CompassPoint Nonprofit Services, formerly known as the Support Center for Nonprofit Management/ Nonprofit Development Center Nothing can be more important to an organization's health and success than the quality of its financial reporting. This comprehensive guide is for all nonprofits that are required to comply with financial reporting standards set by the IRS and thirty-five state charity regulators (Form 990), FASB and AICPA (GAAP), grantmakers, and the like. It shows how to unify financial reporting requirements without compromising the organization's accuracy and accountability.

RUSSY D. SUMARIWALLA is former president and CEO of United Way International and has been a leader in the nonprofit sector for over thirty years. He is the author of several publications, including the first and second editions of United Way of America's Accounting and Financial Reporting Guide. He was also the project director for the 1988 edition of Standards of Accounting and Financial Reporting for Voluntary Health and Welfare Organizations, also known as "The Black Book."WILSON C. LEVIS is manager of the Nonprofit Management Group in the School of Public Affairs, Baruch College, the City University of New York. He also serves as project manager for Baruch College's quality reporting projects. He is former vice president of the National Charities Information Bureau.