This is a comprehensive textbook that is written through the eyes of the learner to prepare them for professional government and not-for-profit accounting practice and the CPA exam.

Governmental and Nonprofit Accounting-Environment and Characteristics; State and Local Government Accounting and Financial Reporting Model-The Foundation; The General Fund and Special Revenue Funds; Budgeting, Budgetary Accounting, and Budgetary Reporting; Revenue Accounting-Governmental Funds; Expenditure Accounting-Governmental Funds; Capital Projects Funds; Debt Service Funds; General Capital Assets; General Long-Term Liabilities; Permanent Funds-Introduction to Interfund-GCA-GLTL Accounting; Enterprise Funds; Internal Service Funds; Trust and Agency (Fiduciary) Funds Summary of Interfund-GCA-GLTL Accounting; Financial Reporting-The Basic Financial Statements and Required Supplementary Information ; Financial Reporting Deriving Government-Wide Financial Statements and Required Reconciliations; Financial Reporting-The Comprehensive Annual Financial Report and the Financial Reporting Entity; Non-SLG Not-for-Profit Organizations-SFAS 116 and 117 Approach; Accounting for Colleges and Universities; Accounting for Health Care Organizations; Federal Government Accounting; Auditing Governments and Not-for-Profit Organizations