Resources on CIL Financial Management

The following list of resources is provided to supplement the trainings, publications and other resources on Financial Management contained on this website.

Financial Management and Related Policies - Policy Development Resources

Risk Management

Codes of Conduct and Corporate Compliance

Board Roles and Responsibilities

Employment Practices

Books on Financial Management

  1. Financial Management for Nonprofit Organizations: Policies and Practices. John Zietlow, Jo Ann Hankin & Alan G. Seidner; John Wiley & Sons, Inc: Hoboken, New Jersey; 2007; 624 pages. Experienced financial professionals offer helpful advice in this comprehensive guide on managing financial resources, establishing and revising financial policies, accounting, budgets, financial reports, investing for the short and long-term, and controlling and managing risk. Case studies, checklists, tables and sample policies are included.
  2. The Budget-Building Book for Nonprofits: A Step-by-Step Guide for Managers and Boards (2nd Edition). Murray Dropkin & Bill LaTouche; Jossey-Bass: San Francisco, CA; 2007; 192 pages. A budgeting tool kit designed to give nonprofits everything they need to prepare, approve and implement budgets. Provides a simple, systematic method to create, maintain, and track budgets using examples, worksheets, schedules, and hands-on tools.
  3. Wiley Not-for-Profit GAAP 2009: Interpretation and Application of Generally Accepted Accounting Principles for Not-for-Profit Organizations. Richard L. Larkin & Marie DiTommaso; John Wiley & Sons, Inc.: Hoboken, New Jersey; 494 pages. This comprehensive, easy-to-use guide describes accounting and financial reporting principles and issues, reviews accounting literature, and provides many examples and illustrations. A thorough disclosure checklist for financial statement preparers is included.
  4. The Insider’s Guide to Saving Money. Michael Ellenbogen; Trafford Publishing: Victoria, BC; 2007; 234 pages. This highly rated personal financial guide contains a wealth of financial ideas and practical tips that can save money and time when purchasing electronics, appliances, vehicles, real estate and more; explains how to search the internet to find needed information; and how to resolve customer service issues, with real-life examples.
  5. The Cash Flow Solution: The Nonprofit Board Member's Guide to Financial Success. Richard Linzer & Anna Linzer; Jossey-Bass: San Francisco, CA; 2006; 160 pages. A revolutionary financial management model that encourages nonprofits to change the way they think about money. This approach is based on cash flow and the use of credit to obtain money when needed, while ensuring long-term financial well-being.
  6. Financial and Accounting Guide for Not-for-Proft Organizations, Eighth Edition. John H. McCarthy & Nancy E. Shelmon; John Wiley & Sons, Inc.: Hoboken, New Jersey; 2012; 714 pages. Filled with authoritative advice on the financial reporting, accounting, and control situations unique to not-for-profit organizations, Financial and Accounting Guide for Not-for-Profit Organizations, Eighth Edition is recognized by professionals as the industry standard reference on not-for-profit finance and accounting. Prepared by the PricewaterhouseCoopers Not-for-Profit Industry Services Group, the book includes accounting, tax, and reporting guidelines for different types of organizations, step-by-step procedures and forms, and more. A new chapter on public debt has also been added.
  7. Bookkeeping for Nonprofits: A Step-by-Step Guide to Nonprofit Accounting. Murray Dropkin & James Halpin; Jossey-Bass: San Francisco, CA; 2005; 272 pages. This hands-on guide provides a step-by-step primer for bookkeepers or treasurers new to non-profit accounting. Describes actual entries and the reasoning behind them, basic accrual accounting, budgets, reports, cash forecasts, and tax returns.
  8. Bookkeeping Basics: What Every Nonprofit Bookkeeper Needs to Know. Debra L. Ruegg & Lisa M. Venkatrathnam; Amherst H. Wilder Foundation: Saint Paul, MN; 2003; 113 pages. This book covers basic bookkeeping and how to develop and manage systems that will track nonprofit finances. The concepts and processes that are explained include single vs. double entry bookkeeping, cash vs. accrual basis accounting, financial transactions, creating statements, establishing internal controls, preparing for an audit, and closing out the financial year. Charts, tips, detailed examples, forms and instructions are included.
  9. Not-for-Profit Accounting, Tax, and Reporting Requirements. Edward J McMillan; John Wiley & Sons: Hoboken: New Jersey; 2003; 192 pages. A step-by-step guide to applying forHA st tax-exempt status, disclosing information, handling IRS audits, setting up wholly owned taxable subsidiaries, dealing with restricted fund transactions, filing taxes and avoiding sanctions, with checklists, letters, and charts.
  10. Fraud and Abuse in Nonprofit Organizations: A Guide to Prevention and Detection. Gerard M. Zack; John Wiley & Sons, Inc.: Hoboken: New Jersey; 2003; 288 pages. The author explains how to detect and prevent financial fraud and abuse with descriptions of implementing controls with a multifaceted organization-wide model of deterrence.
  11. Not-for-Profit Accounting Made Easy (2nd Edition). Warren Ruppel; John Wiley and Sons, Inc.: Hoboken: New Jersey; 2007; 238 pages. The republished second edition of this book covers accounting fundamentals including financial statements, financial accounting and reporting standards. Rules, principles and practices of accounting are explained using easy to understand tables, exhibits, and charts.
  12. Streetsmart Financial Basics for Nonprofit Managers (3rd edition, paperback). Thomas A. McLaughlin; John Wiley & Sons, Inc.: New York; 2009; 304 pages. This book provides accessible information on how to read, interpret and implement financial data to make management decisions. Resources include a CD with examples, templates for financial reports, checklists, documents, tables and checklists.
  13. The Cash Flow Management Book for Nonprofits: A Step-by-Step Guide for Managers and Boards. Murray Dropkin & Allyson Hayden; Jossey-Bass: San Francisco, CA: 2001; 240 pages. A practical step-by-step comprehensive guidebook on cash flow management and operational processes that generate cash flow for nonprofits with worksheets, checklists, sample forms, sample cash flow forecasts and reports.
  14. Nonprofit Financial Planning Made Easy. Jody Blazek; John Wiley and Sons, Inc.: New York; 2008; 256 pages. Nonprofit Financial Planning Made Easy presents straightforward strategies to make financial management a more smooth and successful process. Filled with practical forms and checklists to aid you in planning and managing your organizations' financial resources, Nonprofit Financial Planning Made Easy equips your nonprofit with step-by-step solutions to the dilemmas involved in keeping financial resources and the mission in balance.
  15. Saving Money in Nonprofit Organizations. Gregory Dabel; Jossey-Bass: San Francisco, CA.; 1998; 115 pages. Describes how to effectively balance the budget and minimize spending using thirty money-saving principles for maximizing assets, saving money on personnel, reducing office equipment costs, negotiating the best price, decreasing travel/insurance/tax expenses, developing strategies for expense reduction, creating an action plan and developing a cost-saving team.