Governmental and Nonprofit Accounting Theory and Practice

• Main Authors: Freeman, Robert J (Author), Shoulders, Craig D (Author)
• Format: Book
• Published: Upper saddle River, N.J Prentice Hall 2000
• Edition: SIXTH EDITION
• Subjects: Finance, Public > United States; Municipal finance > Accounting > United States; Local finance > Accounting > United States
• Online Access: Click Here to View Status and Holdings.

 "Governmental and Nonprofit Accounting," Revised Sixth Edition provides a better balance between theory and practice than other texts, with the most up-to-date coverage. It provides readers with a thorough basis for understanding the logic for and nature of all of the funds and account groups of a government, with a unique approach that enables readers to grasp the entire accounting and reporting framework for a government before focusing on specific individual fund types and account groups. Includes coverage of the new reporting model standard: GASB "Statement 34." Includes illustrations of government-wide financial statements and fund-based financial statements presented using the major fund approach. Points out the major changes required from the current guidance and explains and illustrates the requirements of the new model. Explains and illustrates the GASB Statement 31. Contains the latest revision of OMB Circular A-133 on single audits. Appropriate for undergraduate Accounting courses, such as Governmental Accounting, Public Sector accounting, Government and Nonprofit Accounting, and Fund Accounting.