The Cash Flow Management Book for Nonprofits
A Step-by-Step Guide for Managers, Consultants, and Boards
1. Edition November 2001
240 Pages, Softcover
Wiley & Sons Ltd
The first and only guide of its kind to offer nonprofit executiveshelp with the vital task of cash flow management!
Murray Dropkin--an expert in the field of nonprofit accounting andauthor of The Budget-Building Book for Nonprofits--reveals how tocreate an effective plan for cash flow management. Thisunprecedented guide offers you nuts-and-bolts suggestions for usingthis plan to develop successful strategies for the day-to-day andlong-term financial planning of any nonprofit organization. Filledwith to-do lists, sample forms, worksheets, schedules, policies andprocedures, and checklists, The Cash Flow Management Book forNonprofits is a fundamental financial management toolkit fornonprofit managers and board members.
"Positive cash flow is the life-blood of any organization, andThe Cash Flow Management Book for Nonprofits is an essentialguide to charting a course for success." --Ron Werthman, vicepresident, finance/treasurer and CFO, Johns Hopkins Health System,The Johns Hopkins Hospital
"The Cash Flow Management Book for Nonprofits takes thereader well beyond cash into the operational processes thatgenerate it. The book reflects extraordinary insight into thereal-life opportunities and pitfalls associated with managing innonprofit organizations." --David H. Freed, senior vicechancellor and chief operating officer, The City University of NewYork
"This book provides every nonprofit, regardless of size or focuswith useful strategies for enhancing their bottom line througheffective cash flow management." --Carol Wolff, president, theNational Area Health Education Center (AHEC) Organization
"Murray Dropkin and Allyson Hayden have developed more than a
practical how-to book on the critical issue of cash flow
management. They provide comprehensive guidance for the financial
expert and a context to enable the whole organization to develop a
'cash flow awareness.'" --Frances Hesselbein, chairman of the
board of governors, the Peter F. Drucker Foundation for Nonprofit
Management
"Positive cash flow is the life-blood of any organization, and
The Cash Flow Management Book for Nonprofits is an essential
guide to charting a course for success." --Ron Werthman, vice
president, finance/treasurer and CFO, Johns Hopkins Health System,
The Johns Hopkins Hospital
"The Cash Flow Management Book for Nonprofits takes the
reader well beyond cash into the operational processes that
generate it. The book reflects extraordinary insight into the
real-life opportunities and pitfalls associated with managing in
nonprofit organizations." --David H. Freed, senior vice
chancellor and chief operating officer, The City University of New
York
"This book provides every nonprofit, regardless of size or focus
with useful strategies for enhancing their bottom line through
effective cash flow management." --Carol Wolff, president, the
National Area Health Education Center (AHEC) Organization
Murray Dropkin, CPA, M.B.A., is president of CMS Systems, Inc., a consulting firm that specializes in helping clients in the nonprofit and for-profit sectors improve their operational and financial activities. Dropkin is also managing partner of Dropkin & Company, Certified Public Accountants. He has experience in accounting, auditing, taxation, and management consulting for government, commercial, and nonprofit organizations. He is a coauthor of The Budget-Building Book for Nonprofits (1998, Jossey-Bass).
Allyson Hayden, M.S.W., C.S.W. , is a senior consultant, editor, and writer for CMS Systems, Inc. She has fifteen years of experience writing for commercial and professional magazines, newsletters, and other publications in the areas of organizational development, health, medicine, fundraising, accounting, sociology, and psychology.