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Financial Management for Nonprofit Organizations: Policies and Practices

SKU: 9780471741664

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Financial Management for Nonprofit Organizations: Policies and Practices, Mal Warwick, 9780471741664

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Maximize Your Organization’s Financial Independence and Your Financial Acumen as a Manager Hundreds of thousands of nonprofit organizations of all sizes exist today, each with a responsibility to its mission, its constituents, its employees, and its volunteers. It is no wonder, between competition from other organizations for contributions, retaining supporters and employees, and maintaining strong internal control systems in light of the present Sarbanes-Oxley environment-all while accomplishing a stated mission-that the financial management of a nonprofit organization is just as daunting as that of a for-profit corporation. Written by respected financial professionals from a managerial decision-making perspective for those on nonprofit boards or in day-to-day management positions with oversight responsibility for financial functions, Financial Management for Nonprofit Organizations expertly offers helpful advice on everything financial officers need to know, including: * Managing an organization’s financial resources * Establishing and revising financial policies * Accounting, budgets, and financial reports * Investing for the short and long term * Controlling and managing risk With many real-world case studies, checklists, tables, and sample policies simplifying and illustrating financial concepts, Financial Management for Nonprofit Organizations: Policies and Practices supplies balanced and up-to-date guidelines in this readable and comprehensive guide. John Zietlow is Professor of Finance at Malone College and a Certified Treasury Professional (CTP). He has conducted cash management training for the Association?of Financial Professionals (AFP), is coauthor of Short-Term Financial Management, Third Edition, and has written a cash management seminar course manual and dozens of articles and academic presentations on financial topics. Jo Ann Hankin is a nationally recognized consultant in the field of fundraising?and financial/administrative management for nonprofits.? She has served as vice president of finance of The UCLA Foundation and vice president of advancement for?California State University, San Bernardino, and? has held various fundraising/financial positions?with liberal arts colleges. In addition, she?worked in the for-profit world with several Fortune 500 companies. Jo Ann also continues to be actively involved with her own community and does volunteer work for organizations promoting music and education. Alan G. Seidner is the founder of Seidner & Company of Pasadena, California, an investment management and consulting firm with a roster of high-net-worth investors, healthcare organizations, major corporations, nonprofit institutions, and municipalities. He has authored many financial reference works, frequently speaks on investment techniques and strategies, and has also provided testimony before federal government agencies on the performance of pension fund investments.

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