Author Description

New for 2020 ― and now in its third edition, updated with a COVID-19 response and new accounting rules ― this book (first published in 1999) is a handy guide for busy volunteer treasurers. But while it speaks directly to treasurers, reading it would likely also benefit board chairpersons, presidents, all finance, budget, investment and audit committee members, and selected staff, of most not-for-profit organizations.Many people who volunteer to serve as an organization's treasurer naively believe their responsibilities as such will be limited to doing the banking and reconciling the bank accounts, signing the checks and reporting the bank balance at board meetings. Nothing could be further from the truth, and this book is not for people who want to be that kind if treasurer. The treasurer's job is not only much broader than that; it is central ― in a word, it is vital! The treasurer's financial management role is the very heart of the organization!This book will help you fully recognize and appreciate the depth and breadth of your role and formidable responsibilities as treasurer of your organization and further acquaint you with the basic building blocks with which you can help assure a sound financial management structure to enable it to carry on its mission effectively and efficiently for the foreseeable future. It explains the fundamentals of financial management, including the complex aspects of generally accepted accounting principles that are especially applicable to not-for-profit organizations, summarized concisely in clear, simplified and practical terms. Authored by a nationally-recognized CPA with over 50 years experience, who served for many years as the volunteer treasurer of a national health charity, this book is for individuals who are dedicated to the mission of an organization and who want to take their job as treasurer seriously. Use it regularly, and you will help your organization instill trust and confidence in its commitment to fiscal integri