eBook[PDF]

Accounting for Governmental & Nonprofit Entities 2025 Evergreen Release By Jacqueline Reck, Suzanne Lowensohn, Daniel Neely

$30.00

✓ Secure checkout

✓ Instant digital download

✓ PDF document

Document details

Pages: 833
File size: 12.52 MB
Format: Digital PDF
Course: Accounting
Category: eBook[PDF]

About this ebook

Accounting for Governmental & Nonprofit Entities (2025 Evergreen Release) by Jacqueline Reck, Suzanne Lowensohn, and Daniel Neely is the premier, market-leading textbook for public sector and not-for-profit financial reporting. Published by McGraw Hill LLC, this updated edition reflects the latest GASB (Governmental Accounting Standards Board) and FASB (Financial Accounting Standards Board) pronouncements. [1, 2, 3, 4]

Key Overview

Core Focus: Specialized fund accounting, financial statement analysis, and regulatory reporting for state/local governments, charities, hospitals, and universities.
Audience: Designed for upper-level accounting students, CPA exam candidates, and public-sector auditors.
Legacy: Continuously updated since its original 1951 publication by Professor R.M. Mikesell. [1, 2, 3, 4, 5]

Core Conceptual Framework Covered

Fund Accounting: Tracking segregated resources restricted for specific purposes.
Dual-Track Reporting: Combining government-wide operational accountability with fund-level fiscal accountability.
Modified Accrual Basis: Understanding current financial resource flows unique to government funds.
Nonprofit Standards: Managing net assets with and without donor restrictions. [1, 2, 3, 4]