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Financial management for nonprofit organizations : policies and practices /

Essential tools and guidance for effective nonprofit financial management Financial Management for Nonprofit Organizations provides students, professionals, and board members with a comprehensive reference for the field. Identifying key objectives and exploring current practices, this book offers pr...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Zietlow, John T. (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Place of publication not identified] : Wiley, [2018]
Edición:Third edition.
Temas:
Acceso en línea:Texto completo (Requiere registro previo con correo institucional)

MARC

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245 1 0 |a Financial management for nonprofit organizations :  |b policies and practices /  |c John Zietlow [and three others]. 
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264 1 |a [Place of publication not identified] :  |b Wiley,  |c [2018] 
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520 |a Essential tools and guidance for effective nonprofit financial management Financial Management for Nonprofit Organizations provides students, professionals, and board members with a comprehensive reference for the field. Identifying key objectives and exploring current practices, this book offers practical guidance on all major aspects of nonprofit financial management. As nonprofit organizations fall under ever-increasing scrutiny and accountability, this book provides the essential knowledge and tools professional need to maintain a strong financial management system while serving the organization's stated mission. Financial management, cash flow, and financial sustainability are perennial issues, and this book highlights the concepts, skills, and tools that help organizations address those issues. Clear guidance on analytics, reporting, investing, risk management, and more comprise a singular reference that nonprofit finance and accounting professionals and board members should keep within arm's reach. Updated to reflect the post-recession reality and outlook for nonprofits, this new edition includes new examples, expanded tax-exempt financing material, and recession analysis that informs strategy going forward. Articulate the proper primary financial objective, target liquidity, and how it ensures financial health and sustainability Understand nonprofit financial practices, processes, and objectives Manage your organization's resources in the context of its mission Delve into smart investing and risk management best practices Manage liquidity, reporting, cash and operating budgets, debt and other liabilities, IP, legal risk, internal controls and more Craft appropriate financial policies Although the U.S. economy has recovered, recovery has not addressed the systemic and perpetual funding challenges nonprofits face year after year. Despite positive indicators, many organizations remain hampered by pursuit of the wrong primary financial objective, insufficient funding and a lack of investment in long-term sustainability; in this climate, financial managers must stay up-to-date with the latest tools, practices, and regulations in order to serve their organization's interests. Financial Management for Nonprofit Organizations provides clear, in-depth reference and strategy for navigating the expanding financial management function. 
505 0 |a Cover; Title Page; Copyright; Contents; About the Authors; Preface; Acknowledgments; Chapter 1: Understanding Nonprofit Organization Finances; 1.1 The Impact of the Great Recession; 1.2 Definition of Nonprofit Organizations; (a) 501(c)(3) Corporations; (b) Bylaws and Articles of Incorporation; 1.3 Characteristics of Nonprofit Organizations; (a) Organizational Mission; (b) Organizational Structure; 1.4 Understanding the Language of the Nonprofit Organization; 1.5 Financial Policies; 1.6 Financial Practices; 1.7 Primary Financial Objective 
505 8 |a (A) Differences Between Businesses and Donative Nonprofits(b) Survey Evidence on the Primary Financial Objective; (c) Financial Objective for Purely Financial Decisions; (d) Recommended Primary Financial Objective: Appropriate Liquidity Target; 1.8 Conclusion; Notes; Appendix 1A The Lilly Study Findings; The Lilly Study; Keep the Mission First!; Management and Financial Objectives; On-Site Interviews, Questionnaires, and Archival Studies; The Appropriate Liquidity Target Model; Note; Chapter 2: Liquidity Management; 2.1 Introduction; (a) Importance of Liquidity 
505 8 |a (B) Are Nonprofits Overly Risk-Averse?2.2 Noncommercial Nonprofit Organizations; (a) Guidance from Finance Theory; (b) Evaluation of Finance Theory; (c) Complexity of Nonprofit Cash Flows; 2.3 Evidence on Liquidity Management in the Nonprofit Sector; (a) Liquidity Management in the Healthcare Sector; (b) Liquidity Management in Colleges and Universities; (c) Liquidity Management in Faith-Based Donative Organizations; 2.4 Facets of Liquidity Management; (a) Layers of Liquidity; (b) Solvency; (c) Liquidity; (d) Financial Flexibility; 2.5 Importance of Liquidity Management 
505 8 |a (A) Institutional Factors(b) Managerial Philosophy Factors; (c) Liquidity Implications of Institutional and Managerial Philosophy Factors; (d) Watchdog Agency Standards on Solvency and Liquidity; (e) Assessment of Watchdog Standards; 2.6 What Is the Appropriate Level of Liquidity?; (a) Establishing the Liquidity Position Based on Financial Vulnerability; (b) Diagnostic Tools to Assist in Setting the Appropriate Liquidity Target; 2.7 Conclusion; Notes; Chapter 3: Managing Mission, Strategy, and Financial Leadership; 3.1 Value of Strategic Planning; 3.2 What Is Strategic Planning? 
505 8 |a 3.3 What Are the Organization's Mission, Vision, and Goals/Objectives?(a) Strategy and the ""Bottom Line""; (b) What Are Strategic Decisions?; 3.4 Strategic Management Process; (a) SWOT Analysis; (b) What Are Internal Strengths and Weaknesses?; (c) Using Environmental Scanning to Detect External Opportunities and Threats; (d) Strategic Management Is an Ongoing Process; (e) Financial Leadership, Sustainability, and the Business Model; (f) Sustainability; (g) Business Model; 3.5 Implementing the Strategic Plan; (a) Three Steps in Implementation; (b) Cutback Strategies 
590 |a O'Reilly  |b O'Reilly Online Learning: Academic/Public Library Edition 
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776 0 8 |i Print version:  |a Zietlow, John T.  |t Financial management for nonprofit organizations.  |b Third edition.  |d Hoboken, New Jersey : John Wiley & Sons, Inc., [2018]  |z 9781119382560  |w (DLC) 2018010418  |w (OCoLC)1028607049 
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