{"product_id":"governmental-accounting-made-easy-2e-9780470411506","title":"Governmental Accounting Made Easy 2e","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eGovernment Accounting Made Easy  provides a simplified background and discussion of a broad range of governmental accounting topics. The book guides the reader in understanding how these individual topics come together to form a whole, under the new Governmental Accounting Standards Board 34 (GASB 34) financial reporting model.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003ePreface ix\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Introduction and Background 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat Are Generally Accepted Accounting Principles? 1\u003c\/p\u003e \u003cp\u003eWho Sets Generally Accepted Accounting Principles for Governments? 5\u003c\/p\u003e \u003cp\u003eDo Governments Need to Comply with Generally Accepted Accounting Principles? 9\u003c\/p\u003e \u003cp\u003eWhy Is Governmental Accounting and Financial Reporting Different from Commercial and Not-for-Profit Accounting and Financial Reporting? 10\u003c\/p\u003e \u003cp\u003eTo What Entities Do Governmental Generally Accepted Accounting Principles Apply? 15\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Basic Governmental Accounting Concepts 19\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUnderstanding the Different Bases of Accounting 20\u003c\/p\u003e \u003cp\u003eUnderstanding What Measurement Focuses Are Used by Governments 26\u003c\/p\u003e \u003cp\u003eDefining and Understanding the Nature of Assets 29\u003c\/p\u003e \u003cp\u003eDefining and Understanding the Nature of Liabilities 43\u003c\/p\u003e \u003cp\u003eDefining and Understanding the Nature of Net Assets 49\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Understanding Fund Accounting 55\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFund Fundamentals 56\u003c\/p\u003e \u003cp\u003eGovernmental Funds 58\u003c\/p\u003e \u003cp\u003eProprietary Funds 75\u003c\/p\u003e \u003cp\u003eFiduciary Funds 82\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Basics of Governmental Financial Statements 89\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGeneral-Purpose Financial Statements 90\u003c\/p\u003e \u003cp\u003eManagement’s Discussion and Analysis 90\u003c\/p\u003e \u003cp\u003eThe Basic Financial Statements 94\u003c\/p\u003e \u003cp\u003eRequired Supplementary Information 137\u003c\/p\u003e \u003cp\u003eComprehensive Annual Financial Report 139\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Understanding the Reporting Entity 147\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBackground 148\u003c\/p\u003e \u003cp\u003eAccountability Focus 149\u003c\/p\u003e \u003cp\u003eFinancial Reporting Entity Defined 150\u003c\/p\u003e \u003cp\u003eDisplay of Component Units 161\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Revenues from Nonexchange Transactions 169\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eClasses of Nonexchange Transactions 170\u003c\/p\u003e \u003cp\u003eAccounting Requirements 172\u003c\/p\u003e \u003cp\u003eProperty Taxes 175\u003c\/p\u003e \u003cp\u003eIncome and Sales Taxes, and Other Derived Tax Revenues 177\u003c\/p\u003e \u003cp\u003eAdjustments for the Accrual Basis of Accounting 180\u003c\/p\u003e \u003cp\u003eGrants and Other Financial Assistance 182\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Capital Assets 187\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhere Are Capital Assets Recorded in the Financial Statements? 188\u003c\/p\u003e \u003cp\u003eRecording and Valuing Capital Assets 189\u003c\/p\u003e \u003cp\u003eUnderstanding Depreciation 193\u003c\/p\u003e \u003cp\u003eUsing the Modified Approach in Lieu of Depreciating Infrastructure Assets 197\u003c\/p\u003e \u003cp\u003eThe Basics of Capitalized Interest 200\u003c\/p\u003e \u003cp\u003eCapital Assets Resulting from Capital Lease Transactions 206\u003c\/p\u003e \u003cp\u003eIntangible Assets 215\u003c\/p\u003e \u003cp\u003eImpairments of Capital Assets 217\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Accounting for Pensions and Other Postemployment Benefits 225\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRequirements for Defined Benefit Pension and OPEB Plans 229\u003c\/p\u003e \u003cp\u003eCalculation of the ARC 232\u003c\/p\u003e \u003cp\u003eParameters for Actuarial Calculations, Including the ARC 233\u003c\/p\u003e \u003cp\u003eNet Pension or OPEB Obligation 242\u003c\/p\u003e \u003cp\u003eRecording Pension- and OPEB-Related Assets, Liabilities, and Expenditures\/Expenses 243\u003c\/p\u003e \u003cp\u003ePension and OPEB Disclosures 245\u003c\/p\u003e \u003cp\u003eEmployers with Defined Contribution Plans 246\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Sundry Accounting Topics 249\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAccounting for Investments 249\u003c\/p\u003e \u003cp\u003eReporting Unrealized Gains or Losses 252\u003c\/p\u003e \u003cp\u003eInvestment and Deposit Disclosures 253\u003c\/p\u003e \u003cp\u003eCompensated Absence Accruals 255\u003c\/p\u003e \u003cp\u003eLandfill Closure and Postclosure Care Costs 262\u003c\/p\u003e \u003cp\u003eDerivatives, Including Interest Rate Swaps 269\u003c\/p\u003e \u003cp\u003eSecurities Lending Transactions 281\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Upcoming Developments in Governmental Accounting 287\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePension (and OPEB) Accounting—Revisited 288\u003c\/p\u003e \u003cp\u003eIndex 293\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49402327957847,"sku":"9780470411506","price":999.99,"currency_code":"GBP","in_stock":false}],"url":"https:\/\/bookcurl.com\/products\/governmental-accounting-made-easy-2e-9780470411506","provider":"Book Curl","version":"1.0","type":"link"}