1. The Foundation of Governmental and Not-for-Profit Accounting
The Governmental and Not-for-Profit Environment / Hierarchy of GAAP / Governmental Accounting and Financial Reporting
2. The Basics of Fund Accounting
Funds and Fund Accounting / Governmental and Business-Type Activities / Budgetary Accounting
3. Governmental Operating Activity
Operating Activity of Governmental Entities / Exchange and Nonexchange Transactions / Recognition and Recording of Common Sources of Governmental Revenue / Recognition and Recording of Expenditures or Expenses / Other Financing Sources and Other Financing Uses / Interfund Transactions / Putting It All Together
4. Governmental Balance Sheet Accounts
Governmental Balance Sheet Accounts / Assets / Liabilities / Fund Balance (or Equity)
5. Governmental Financial Reporting
Governmental Financial Reporting Entity / Financial Reporting Model / Putting It All Together
6. Not-for-Profit Accounting and Financial Reporting
Introduction / Types of Not-for-Profit Organizations / Funds and Fund Accounting / Not-for-Profit Fund Categories and Types / Revenues / Expenses, Gains, and Losses / Asset, Liability, and Net Asset Accounts / Investments / Basic Financial Statements / Putting It All Together
7. Health Care Organizations, Colleges and Universities, and Auditing
Introduction / Health Care Organizations / Colleges and Universities / Generally Accepted Government Auditing Standards / Federal Single Audit
290 pages, $48.95 list
1-57766-504-X
978-1-57766-504-5
© 2003
paperback
Instructor's Resource Manual available
eBook availability
Today's Essentials of Governmental and Not-for-Profit Accounting and Reporting
Pedagogically rich, this core textbook in governmental and not-for-profit accounting offers in-depth coverage for advanced accounting courses. The classroom-tested text logically builds student understanding of basic concepts like accountability, typical transactions like recording budgets and property taxes, and carries those concepts through to the detailed production of annual financial statements and conversions to produce government-wide financial statements. Reasonably priced and user friendly, the Martin-West volume is loaded with helpful questions, exercises, problems that include Internet research, case studies, summaries, and boxed items.
Key features include:
“Putting It Together” examples walk readers through the process of analyzing and entering typical transactions and developing financial statements
Strategically placed interpretive exercises direct readers to apply what they have learned to a variety of situations
“Ties to the Real World”—information from business publications and from actual financial reports—illustrate chapter concepts and accounting concerns
Clearly stated, measurable learning objectives focus on specific learning goals
Key features include:
“Putting It Together” examples walk readers through the process of analyzing and entering typical transactions and developing financial statements
Strategically placed interpretive exercises direct readers to apply what they have learned to a variety of situations
“Ties to the Real World”—information from business publications and from actual financial reports—illustrate chapter concepts and accounting concerns
Clearly stated, measurable learning objectives focus on specific learning goals