April 17, 2008

Cash-Flow Accounting Can Simplify Nonprofit Finances and Create More Working Capital, Book Says

By Anne W. Howard

NEW BOOKS

Cash Flow Strategies: Innovation in Nonprofit Financial Management
by Richard and Anna Linzer

Organizations should consider using a cash-flow method of accounting, recording only income and expenses that are received and paid and setting aside "any transactions that do not involve cash, such as depreciation or amortization," write Richard Linzer, a financial and organizational consultant, and Anna Linzer, a poet and

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