Details

Cash & Investment Management for Nonprofit Organizations


Cash & Investment Management for Nonprofit Organizations


1. Aufl.

von: John Zietlow, Alan G. Seidner

85,99 €

Verlag: Wiley
Format: PDF
Veröffentl.: 20.07.2007
ISBN/EAN: 9780470144954
Sprache: englisch
Anzahl Seiten: 544

DRM-geschütztes eBook, Sie benötigen z.B. Adobe Digital Editions und eine Adobe ID zum Lesen.

Beschreibungen

The book every nonprofit financial officer needs Relevant for both large and small nonprofit organizations, Cash & Investment Management for Nonprofit Organizations effectively brings practical clarity to a potentially complicated topic, and explains how to use the best available methods and tools to help your organization achieve and maintain financial strength. This must-have book equips readers with a road map toward sound financial structure and strong internal controls, expertly offering helpful advice on everything financial officers need to know, including: * Knowing the appropriate financial target for your organization * The measures you can use to monitor and manage your organization's liquidity * Preserving your organization's financial integrity through internal controls * How to tap sources of cash to improve your cash flow * Making the most of your greatest potential ally in managing cash--your banking partner * Mobilizing and controlling cash * Disbursing cash efficiently while averting fraud * Harnessing information technology (IT) to better accomplish cash and investment management * Investing policies and practices for cash reserves * Investing policies and practices for endowments and other long-term investment purposes Written by financial professionals for financial professionals, Cash & Investment Management for Nonprofit Organizations provides essential tips and proven financial methods for improving and benchmarking your organization's practices. Discover how to become more effective in keeping your nonprofit financially healthy with the techniques and tools in Cash & Investment Management for Nonprofit Organizations.
About the Authors. Acknowledgments. Preface. CHAPTER 1: CASH FLOW AND YOUR CASH POSITION. 1.1 Life in the Nonprofit Finance Office. 1.2 Target Liquidity as the Primary Financial Objective. 1.3 Setting Your Liquidity Target. 1.4 How Do Proficient Cash Management and Investment Management Enable Your Organization to Achieve Its Liquidity Target? 1.5 Summary. CHAPTER 2: CASH PLANNING AND LIQUIDITY. 2.1 Cash Flow Characteristics of Nonprofits. 2.2 Cash Shortfalls and What to Do about Them. 2.3 Tiers of Liquidity and the Spectrum of Liquidity. 2.4 Measuring and Managing Solvency, Liquidity, and Financial Flexibility. 2.5 Managing Cash Flow. 2.6 Cash Budgeting. 2.7 Summary. CHAPTER 3: CASH COLLECTIONS AND POSITIONING. 3.1 Introduction. 3.2 Objectives of Cash Collections and Positioning Systems. 3.3 Front End of Collections: Receivables Management. 3.4 U.S. Payments System. 3.5 Expediting Check Collections. 3.6 Accepting Card Payments. 3.7 Accepting Electronic Payments. 3.8 Comparison of Alternative Collection Systems. 3.9 Cash Positioning. 3.10 International Cash Collections and Concentration. 3.11 Fraud Issues. 3.12 Imaging. 3.13 Benchmarking and Outsourcing. CHAPTER 4: CASH DISBURSEMENTS. 4.1 Introduction. 4.2 Objectives of Cash Disbursements Systems. 4.3 Disbursements Policy. 4.4 Checks and Drafts. 4.5 Purchasing/Procurement Cards. 4.6 Other Electronic Payments. 4.7 Comparison of Alternative Disbursement Systems. 4.8 Establishing Your Banking Network: Products and Services to Consider. 4.9 Fraud Prevention and Internal Control. 4.10 International Cash Disbursements. 4.11 Imaging. 4.12 Outsourcing Disbursements or Payables. 4.13 Summary. CHAPTER 5: BANKING RELATIONSHIP MANAGEMENT. 5.1 Introduction. 5.2 Objectives for Your Banking Relationship. 5.3 Communicating with Your Bank. 5.4 Services Provided by Banks. 5.5 Depository Services and the Availability Schedule. 5.6 Bank Selection. 5.7 Managing Bank Relationships. 5.8 Nonbank Service Providers. 5.9 Information Services. 5.10 Banking Globally. 5.11 Bank Report Cards. 5.12 Cash Management Audits. 5.13 Summary. CHAPTER 6: DEBT MANAGEMENT. 6.1 Introduction. 6.2 Objectives of Debt Management. 6.3 Debt Policy. 6.4 Short-Term Borrowing. 6.5 How a Bank Views a Nonprofit Borrowing Request. 6.6 Debt Management Metrics and Benchmarks. 6.7 Summary. CHAPTER 7: INVESTING PRINCIPLES AND PROCEDURES FOR OPERATING AND STRATEGIC RESERVES. 7.1 Introduction. 7.2 Managing Liquidity Funds and Optimizing Return on Excess Short-Term Working Capital. 7.3 Criteria for Investing. 7.4 Investor or Speculator? 7.5 Standard Operating Investment Procedures. 7.6 Investment Operations: An Introduction. 7.7 Introduction to Yield Analysis. 7.8 Yield Curve Analysis. 7.9 Yield Spread Analysis. 7.10 Price Movement of Fixed-Income Securities. 7.11 Effect of Changing Interest Rates on Longer Maturities. 7.12 Summary of Yield Curves. 7.13 Fixed-Income Investment Instruments: An Introduction. 7.14 U.S. Treasury Securities. 7.15 U.S. Government Agency Securities. 7.16 Municipal Debt Instruments. 7.17 Corporate Debt Instruments. 7.18 Money Market Instruments Issued by Banks and Investment Companies. 7.19 Repurchase Agreements. 7.20 Summary. CHAPTER 8: INVESTING PRINCIPLES AND PROCEDURES FOR ENDOWMENT, SELF-INSURANCE, AND PENSIONS. 8.1 Introduction. 8.2 Endowment Management. 8.3 Characteristics of Endowment. 8.4 Endowment Investment. 8.5 Principles of Endowment Management. 8.6 Endowment Spending Policy. 8.7 Self-Insurance and Pensions. 8.8 Investment Advisors. 8.9 Summary. Index.
John Zietlow is Professor of Finance at Malone College and a Certified Treasury Professional (CTP). He is a member of the Financial Management Association, the Association for Financial Professionals, the Association for Research on Nonprofit Organizations and Voluntary Action (ARNOVA), and the Financial Education Association. He has conducted cash management training for the Association?of Financial Professionals, served as a consultant and trainer for the Investment Management Consultants Association, is coauthor of Short-Term Financial Management, Third Edition, and has written dozens of articles and academic presentations on financial topics. With Jo Ann Hankin and Alan Seidner, he is also coauthor of Financial Management for Nonprofit Organizations: Policies and Practices (Wiley). 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, non-profit 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. With Jo Ann Hankin and John Zietlow, he is also coauthor of Financial Management for Nonprofit Organizations: Policies and Practices (Wiley).
Cash & Investment Management for Nonprofit Organizations In today's funding environment, nonprofit CFOs need to have a framework for financial management that facilitates their standing as proficient financial managers and champions of strong internal control systems. Filled with practical, proven strategies from financial authorities John Zietlow and Alan Seidner, Cash & Investment Management for Nonprofit Organizations guides nonprofit professionals to make financial management a more streamlined and effective process while protecting donors' resources from mismanagement and fraud. This timely book discusses the unique, challenging cash flow problems a nonprofit may experience, equipping readers with tools such as cash forecasting methods to monitor cash flow dynamics and the cash position. Its expert advice provides balanced and up-to-date guidelines for the sound financial management of nonprofits of every size and type and guides nonprofit financial managers and board members step by step through everything they need to successfully manage cash and investments. With extensive use of real-world case studies and sample policies, Cash & Investment Management for Nonprofit Organizations "coaches" readers in the essentials of cash management, covering major functional issues in financial planning such as cash budgeting, internal controls, and investing funds for short-term or long-term purposes. It is an invaluable guide for directors,trustees, accountants, lawyers, and anyone responsible for the financial staying power of a nonprofit organization.
The book every nonprofit financial officer needs Relevant for both large and small nonprofit organizations, Cash & Investment Management for Nonprofit Organizations effectively brings practical clarity to a potentially complicated topic, and explains how to use the best available methods and tools to help your organization achieve and maintain financial strength. This must-have book equips readers with a road map toward sound financial structure and strong internal controls, expertly offering helpful advice on everything financial officers need to know, including: Knowing the appropriate financial target for your organization The measures you can use to monitor and manage your organization's liquidity Preserving your organization's financial integrity through internal controls How to tap sources of cash to improve your cash flow Making the most of your greatest potential ally in managing cash—your banking partner Mobilizing and controlling cash Disbursing cash efficiently while averting fraud Harnessing information technology (IT) to better accomplish cash and investment management Investing policies and practices for cash reserves Investing policies and practices for endowments and other long-term investment purposes Written by financial professionals for financial professionals, Cash & Investment Management for Nonprofit Organizations provides essential tips and proven financial methods for improving and benchmarking your organization's practices. Discover how to become more effective in keeping your nonprofit financially healthy with the techniques and tools in Cash & Investment Management for Nonprofit Organizations.

Diese Produkte könnten Sie auch interessieren:

Telling the Story
Telling the Story
von: Geoff Mead
PDF ebook
22,99 €
The Basics of Financial Econometrics
The Basics of Financial Econometrics
von: Frank J. Fabozzi, Sergio M. Focardi, Svetlozar T. Rachev, Bala G. Arshanapalli, Markus Hoechstoetter
PDF ebook
92,99 €
Visual Strategy
Visual Strategy
von: John M. Bryson, Fran Ackermann, Colin Eden
PDF ebook
36,99 €