This hard-hitting book is the most comprehensive reference to financial theory and practice for operating a business--profit or nonprofit--in the United States today. Content focuses on fiscally responsible behaviors and strategies, such as the introduction of a financial auditing system to troubleshoot potential problems "before they occur," the creation of internal control and risk management systems, and step-by-step procedures for ensuring maximum transparency and accountability in every part of the organization.

Author and financial expert Jerome B. McKinney has expanded on the...