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Government and Not-for-Profit Accounting: Concepts and Practices, by Michael H. Granof, Saleha B. Khumawala
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Known for its accessible writing style and concept-based presentation, this book arms accountants with critical information that accountants will be able to apply throughout their careers. New coauthor Saleha Khumawala brings a fresh voice to make the content even more engaging in the new edition. Emphasis is placed on real world applications to clearly demonstrate the relevance of the material. New chapters are included on health care organizations and colleges and universities. In addition, numerous new examples are integrated throughout the chapters with new CAFR references to give accountants a stronger grasp of the concepts.
- Sales Rank: #427943 in Books
- Published on: 2012-09-17
- Original language: English
- Number of items: 1
- Dimensions: 10.00" h x 1.32" w x 8.27" l, 3.33 pounds
- Binding: Hardcover
- 832 pages
From the Publisher
Unlike other government and not-for-profit (NFP) books, this one is directed at potential users rather than preparers of financial reports. It demonstrates the significance of reported information and shows users (managers, investors, taxpayers, legislators, trustees) how to interpret and analyze accounting information.
From the Back Cover
Orlando Science Center (featured on the cover of this text) is not only a highly successful not-for-profit organization, it's also located in the first city to incorporate the latest GASB pronouncements!
REVIEW ORLANDO'S COMPREHENSIVE ANNUAL FINANCIAL REPORT ON CD-ROM
Now packaged with a free CD-ROM containing Orlando's comprehensive annula financial report (CARF) for 2000, Granof's Second Edition of GOVERNMENT AND NOT-FOR-PROFIT ACCOUNTING takes a fresh look at the unique features of governmental and not-for-profit accounting. The new edition is also completely revised and updated with:
- The latest GASB pronouncements through Statement No. 36 and Interpretation No. 6
- The new accounting model, which is integrated throughout the text
- Recent updates to the Single Audit Act and Federal Accounting Standards Advisory Board pronouncements
You can use the accompanying CD-ROM to search Orlando's CAFR, to obtain hands-on experience in reviewing and analyzing data, and to solve the continuing problem that appears at the end of every chapter in the book.
Most helpful customer reviews
6 of 6 people found the following review helpful.
Good For What It Was Used For
By Ellis Jones
I ordered this book for a master's accounting class I was taking and it was very clear adn helpful in allowing me to understand just how government's record their accounting from a journal entry standpoint as well as operational view too. Very easy to read, understand, and pickup.
6 of 6 people found the following review helpful.
Accounting book
By Sewhappy
I purchased this book because I just started a new job with a local county. Governmental accounting is very different from public accounting and I needed the additional information. It is a text book and does what text books do; teach you.
4 of 5 people found the following review helpful.
Great for self-teaching
By NH Chicago
I purchased this book because of the customer reviews and I think it is great. It is very easy to understand, well organized and well written. I don't have an accounting background but increasingly work in government finance and needed a book to study on my own. Another plus is that although I purchased this book used, I was able to download software and data exercises to go along with the book. As an aside, I also have "Governmental and Non-Profit Accounting Theory and Practice" (8th edition) by Freeman, Shoulders and Allison which I think is a very difficult book to read. If you are struggling with that book, I recommend trying this one.
See all 29 customer reviews...
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