Strategies for Cash-Flow Management
May 16, 2002 | Read Time: 1 minute
The Cash Flow Management Book for Nonprofits
by Murray Dropkin and Allyson Hayden
As nonprofit groups deal with increased demand for services, public calls for greater accountability, intensified regulation, and reductions in government-financed social-service programs, successful financial management has grown more complicated, say the authors of this book.
The Cash Flow Management Book for Nonprofits was written to help organizations improve their budgeting processes and cash-flow operations despite these challenges, and ultimately to increase their income.
The first part of the book gives an overview of financial planning and management and introduces “Universal Nonprofit,” a fictional organization used throughout the book to illustrate cash-flow concepts. Another section lays out a six-step plan for cash-flow improvement. The book also includes checklists, sample forms, and worksheets to support the development of such a plan.
Mr. Dropkin is president of CMS Systems, a consulting company that specializes in improving the operational and financial systems of nonprofit organizations, and Ms. Hayden is a senior consultant, editor, and writer for the company.
Publisher: Jossey-Bass, 989 Market Street, San Francisco, Calif. 94103-1741; (415) 433-1740 or (800) 956-7739; fax (415) 433-0499 or (800) 605-2665; http://www.josseybass.com; 204 pages; $29; I.S.B.N. 0-7879-5385-7.