Overview
This comprehensive textbook is written through the eyes of the learner to prepare them for professional government and not-for-profit accounting practice and the CPA exam.
The updated ninth edition now includes information on new GASB Statement 54, Fund Balance Reporting and Governmental Fund Type Definitions.
Synopsis
This is a comprehensive textbook that is written through the eyes of the learner to prepare them for professional government and not-for-profit accounting practice and the CPA exam.
Governmental and Nonprofit Accounting—Environment and Characteristics; State and Local Government Accounting and Financial Reporting Model—The Foundation; The General Fund and Special Revenue Funds; Budgeting, Budgetary Accounting, and Budgetary Reporting; Revenue Accounting—Governmental Funds; Expenditure Accounting—Governmental Funds; Capital Projects Funds; Debt Service Funds; General Capital Assets; General Long-Term Liabilities; Permanent Funds—Introduction to Interfund-GCA-GLTL Accounting; Enterprise Funds; Internal Service Funds; Trust and Agency (Fiduciary) Funds Summary of Interfund-GCA-GLTL Accounting; Financial Reporting—The Basic Financial Statements and Required Supplementary Information ; Financial Reporting Deriving Government—Wide Financial Statements and Required Reconciliations; Financial Reporting—The Comprehensive Annual Financial Report and the Financial Reporting Entity; Non-SLG Not-for-Profit Organizations—SFAS 116 and 117 Approach; Accounting for Colleges and Universities; Accounting for Health Care Organizations; Federal Government Accounting; Auditing Governments and Not-for-Profit Organizations
For accountants who need an up-to-date textbook covering state and local government, federal government, and not-for-profit organization accounting