Core Concepts of Government and Not-for-profit Accounting - Tapa blanda

De la contraportada

Michael Granof and Penelope Wardlow's new text offers concise, accessible, and highly flexible coverage of the core concepts, practices, and principles of government and not-for-profit accounting.

Based on Granof's highly successful GOVERNMENT AND NOT-FOR-PROFIT ACCOUNTING,2/E, this new text identifies the key issues and unique features of government and not-for-profit accounting, and explores the reasons for current accounting standards, including the new financial reporting model for governments (GASB Statement No. 34). The text also explores related financial management issues, sets forth the strengths and limitations of financial reports, and discusses how financial statements may be interpreted and used by a variety of interested parties, such as future managers, bond analysts, and members of legislatures and governing boards.

FEATURES

• Begins with a thorough exploration of the environment and objectives of government and not-for-profit organizations, how they differ from businesses, and how and why the environment and objectives affect the reporting and interpretation of accounting information.
• Discusses the reasons for and advantages and limitations of accounting standards throughout the text.
• Problems give students the opportunity to gain hands-on experience with recording and reporting accounting information.
• Includes a full chapter on financial analysis for governments and not-for-profit organizations.
• Discusses the basic financial statements of Orlando, Florida, one of the first adopters of Statement NO.34. Orlando's financial report also is available on the internet.