Government and Not-for-profit Accounting: Concepts and Practices - Tapa dura

This government and not-for-profit (NFP) accounting text is designed for potential users and preparers of financial reports. The emphasis is on teaching students the significance of reported information and showing how both users (managers, investors, taxpayers, legislators, trustees) and preparers can interpret and analyze accounting information. In response to changes in standards (FASB's 116 & 117), this text is organized around the issues that government and NFP's face, not by types of organization. This gives readers the opportunity to see how these standards are common to all NFP's and to make comparisons between FASB's and GASB's. The author hopes that students will learn that while similarities and differences do exist between governmental, NFP and business accounting, an understanding of all are necessary for success in the accounting profession.