Basic Accounting for Community Organizations and Small Groups
Practical Action Publishing
c/o Stylus Publishing, Inc.
22883 Quicksilver Drive, Sterling, VA 20166-2012
9781853398216, $31.95, 228pp, www.amazon.com
Critique: "Basic Accounting for Community Organizations and Small Groups: A Practical Guide" offers a step-by-step guide to basic accounting and financial management techniques. It is written in plain language for people who have no previous experience of accounting and book-keeping. The described procedures are not just specific to development programs. The success of any venture, whatever its size, depends on proper financial control. Using simple case studies, the author shows how to: construct a budget and cash-flow forecast; record and control cash payments; draw up an analyzed cash book, and a receipts and payments account; operate a bank account; and prepare a budget and actual statement. Each section is followed by activities to practice the material covered. Full solutions and notes for trainers and facilitators are also included...