Government and Not-for-Profit Accounting: Concepts and Practices - Hardcover

Granof, Michael H.; Khumawala, Saleha B.

Hardcover

ISBN 10: 0470390786 ISBN 13: 9780470390788

Publisher: Wiley, 2012

Synopsis

Known for its accessible writing style and concept-based presentation, this book arms accountants with critical information that accountants will be able to apply throughout their careers. New coauthor Saleha Khumawala brings a fresh voice to make the content even more engaging in the new edition. Emphasis is placed on real world applications to clearly demonstrate the relevance of the material. New chapters are included on health care organizations and colleges and universities. In addition, numerous new examples are integrated throughout the chapters with new CAFR references to give accountants a stronger grasp of the concepts.

About this title

From the Publisher

Unlike other government and not-for-profit (NFP) books, this one is directed at potential users rather than preparers of financial reports. It demonstrates the significance of reported information and shows users (managers, investors, taxpayers, legislators, trustees) how to interpret and analyze accounting information.

From the Back Cover

Get the latest pronouncements and practices!

Revised and updated, Granof’s Third Edition incorporates the latest GASB pronouncements and takes a fresh look at the unique features of governmental and not-for-profit accounting. This text will help you develop a firm grasp of the theory underlying current practice, so you can quickly acquire the skills required of professional accountants and auditors. Throughout, the emphasis is on the significance of reported information and how to interpret and analyze accounting information.

Text Features

• Illustrations of actual financial statements (City of Charlotte, North Carolina).
• A CD-ROM containing the comprehensive annual financial report (CAFR) of Austin, Texas and an educational version of FundBalance government accounting software.
• Two continuing problems: one which asks you to review and answer questions about the CAFR of Austin, Texas, and another that features a governmental accounting practice set supported by FundBalance software.
• Updated end-of-chapter problems, including a number of new problems.
• Additional and updated In Practice news items, which provide real-world illustrations of points addressed in the text.
• Mini-Cases and Questions, which help you build strong critical-thinking skills.
• Exercises for Review and Self Study, which include problems that have appeared on the CPA exam.

Get hands-on professional experience with FundBalance software!

The CD-ROM also contains an educational version of state-of-the-art fund accounting and reporting software designed by FundBalance, Inc. (www.fbwin.com). This software provides:

• Valuable experience in recording transactions and preparing financial statements.
• Familiarity with the type of software that you are most likely to encounter in modern-day governments.
• An overview of the entire accounting cycle.

Edition details

• Publisher: Wiley
• Publication date: 2012
• ISBN 10: 0470390786
• ISBN 13: 9780470390788
• Binding: Hardcover
• Language: English
• Edition number: 5
• Number of pages: 832