Accounting for Governmental and Nonprofit Entities 15th by Jacqueline Reck

Accounting for Governmental and Nonprofit Entities 15th by Jacqueline Reck ISBN-13: 9780073379609 ISBN-10: 0073379603KEY CHANGES IN THIS EDITIONAs always, readers can count on this edition to include authoritative changes from theFinancial Accounting Standards Board, Governmental Accounting Standards Board,Federal Accounting Standards Advisory Board, American Institute of Certified PublicAccountants, Office of Management and Budget, Internal Revenue Service, andGovernment Accountability Office. Update bulletins will be provided periodically onthe text Web site as new authoritative statements are issued.Several significant changes have been made in this edition of the text. The samplefinancial statements have been moved to an appendix in Chapter 1 and the management?sdiscussion and analysis (MD&A) has been moved to an appendix in Chapter 9for easier reference. A new appendix on managing investments has been added toChapter 8. In a slight reorganization of coverage, what was formerly Chapter 11,?Auditing of Governmental and Not-for-Profit Organizations,? is now Chapter 12. This chapter also has been modified to increase its focus on generally accepted governmentauditing standards. In Chapter 13, more emphasis has been placed on performancegiven the unique nature of governments. In addition, an appendix on cost and budgetissues in grant accounting has been added to Chapter 13. Illustrative financialstatements for the American Heart Association and related discussion have beenincorporated into Chapter 14.In addition to these changes, all chapters have been updated to reflect changes in theareas of accounting and auditing affecting governments and not-for-profit entities.Based on comments received and the collective experience of the authors, some itemsin this edition have received increased attention (e.g., major funds and postemploymentbenefits). A most significant enhancement is that this edition now features a secondcomputerized practice set, the City of Bingham, which is equally as comprehensiveand effective as the widely used City of Smithville practice set. Both practice sets arenow downloadable from the publisher?s Web site (for more information, see inside thefront cover of this text).