Essentials of Accounting for Governmental and Not-for-Profit Organizations, 8/e
Paul A. Copley,
James Madison University John H. Engstrom,
Northern Illinois University
ISBN: 0073130966 Copyright year: 2007
Feature Summary
The Essentials of Accounting for Governmental and Not-for-Profit Organizations,
8/e text features:
New! to 8th edition: Reflects latest AICPA Audit and Accounting
Guides including: Health Care Organizations, issued in May 2004.
New! to 8th edition: Reflects latest GASB Statements through
GASB 45: Accounting and Financial Reporting by Employers for Post employment
Benefits Other Than Pensions and GASB 46: Net Assets Restricted by Enabling
Legislation.
End-of-Chapter problems using web sites: These problems require access to
the GASB and Government Finance Officers Association websites. Others require
access to financial statements of not-for-profit organizations.
Summaries of academic research: Financial information on not-for-profit
organizations is becoming increasingly available, stimulating research among
academics. The 8th edition of this text provides a brief discussion of published
research in the nonprofit area for the purpose of developing student awareness
of the major issues and findings from this important economic sector.
More comprehensive coverage of accounting for governmental and not-for-profit
organizations than available in an advanced text but concise enough to be
used effectively in a semester, quarter, or even a half term course focusing
on just these areas.
Contains information on auditing, taxation of exempt entities, and service
efforts and accomplishments, topics that many other governmental texts do
not include.
Integrated text problem (Village of Elizabeth) in Chapters 4-8.
Integrated continuous problem for state and local governments (Chapters
1-9).
Financial statement analysis in text and problems
Problems requiring use of an actual Comprehensive Annual Financial Report.
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