{"product_id":"wiley-gaap-for-governments-2020-isbn-9781119596066","title":"Wiley GAAP for Governments 2020","description":"\u003cp\u003e\u003cb\u003eA comprehensive guide to the accounting and financial reporting principles used by state and local governments\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAs more governmental accounting standards are issued, preparers need clear guidance. The \u003ci\u003eWiley GAAP for Governments 2020\u003c\/i\u003e: \u003ci\u003eInterpretation and Application of Generally Accepted Accounting Principles for State and Local Governments \u003c\/i\u003eguides preparers through the standards and their increasing complexity. This is a comprehensive guide to the accounting and financial reporting principles for state and local governments, as well as other government organizations. It has been written to address the needs of users and serve as a helpful resource.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWiley GAAP for Governments 2020 \u003c\/i\u003ecovers the key developments in governmental GAAP that occurred in 2019. Financial professionals can turn to this reliable reference for detailed information and guidance on implementing newly issued and revised standards. Charts and diagrams encourage enhanced understanding of the information.\u003c\/p\u003e \u003cp\u003ePractitioners will find that the book offers:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eCoverage of financial statements for school districts, public authorities, and pension plans\u003c\/li\u003e \u003cli\u003eTimely information about implementing accounting updates\u003c\/li\u003e \u003cli\u003eContent that stands as an application guide for practitioners\u003c\/li\u003e \u003cli\u003eChecklist for preparers to help ensure that all required disclosures are completed\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThis thorough guide can help financial professionals successfully navigate the complexities of the latest governmental accounting standards. It is a practical resource for those who prepare the critical financial statements of government entities.\u003c\/p\u003e \u003cp\u003ePreface vii\u003c\/p\u003e \u003cp\u003eAbout the Author ix\u003c\/p\u003e \u003cp\u003e1 New Developments 1\u003c\/p\u003e \u003cp\u003e2 Foundations of Governmental Accounting 7\u003c\/p\u003e \u003cp\u003e3 Fund Accounting Fundamentals 29\u003c\/p\u003e \u003cp\u003e4 General Fund and Special Revenue Funds 49\u003c\/p\u003e \u003cp\u003e5 Capital Projects Funds 61\u003c\/p\u003e \u003cp\u003e6 Debt Service Funds 73\u003c\/p\u003e \u003cp\u003e7 Proprietary Funds 83\u003c\/p\u003e \u003cp\u003e8 Fiduciary Funds 97\u003c\/p\u003e \u003cp\u003e9 Financial Statements Prepared by Governments 109\u003c\/p\u003e \u003cp\u003e10 The Importance of Budgets to Governments 177\u003c\/p\u003e \u003cp\u003e11 Definition of the Reporting Entity 189\u003c\/p\u003e \u003cp\u003e12 Cash and Investments—Valuation and Disclosures 237\u003c\/p\u003e \u003cp\u003e13 Derivative Instruments 295\u003c\/p\u003e \u003cp\u003e14 Capital Assets 321\u003c\/p\u003e \u003cp\u003e15 Debt and Other Obligations 355\u003c\/p\u003e \u003cp\u003e16 Landfill Closure and Postclosure Care Costs 401\u003c\/p\u003e \u003cp\u003e17 Postemployment Benefits—Pension and Other 411\u003c\/p\u003e \u003cp\u003e18 Compensated Absences 455\u003c\/p\u003e \u003cp\u003e19 Accounting for Leases 465\u003c\/p\u003e \u003cp\u003e20 Nonexchange Transactions 487\u003c\/p\u003e \u003cp\u003e21 Risk Financing and Insurance-Related Activities\/Public Entity Risk Pools 503\u003c\/p\u003e \u003cp\u003e22 Pension and OPEB Plan Financial Statements 529\u003c\/p\u003e \u003cp\u003e23 Educational and Other Governmental Entities 565\u003c\/p\u003e \u003cp\u003eAppendix: Disclosure Checklist 579\u003c\/p\u003e \u003cp\u003eIndex 623\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eWARREN RUPPEL, CPA,\u003c\/b\u003e is the author of several accounting and auditing publications, including multiple editions of \u003ci\u003eWiley GAAP for Governments\u003c\/i\u003e. Mr. Ruppel is a partner at Marks Paneth LLP, where he is the government services practice leader. Mr. Ruppel has also served as the Chief Financial Officer of an international not-for-profit organization, the Assistant Comptroller for Accounting of The City of New York, and the Secretary of the New York City Audit Committee.   \u003c\/p\u003e\u003cp\u003e\u003cb\u003eThe definitive guide to governmental GAAP compliance, fully updated for 2020\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eFully updated for 2020, \u003ci\u003eWiley GAAP for Governments\u003c\/i\u003e provides clear and accurate guidance on the accounting and financial reporting principles used by state and local governments and governmental entities. Covering the latest pronouncements issued by the Governmental Accounting Standards Board (GASB) and proposed new statements or interpretations currently outstanding, this authoritative resource is designed for real-world application—containing a disclosure checklist for financial statements, flowcharts, diagrams, and charts to ensure readers understand the technical requirements of properly applying accounting standards.  \u003c\/p\u003e\u003cp\u003eThe book presents an overview of governmental accounting principles, describes the types of funds used by governmental entities, and explains financial reporting for various assets, liabilities, expenditures, and revenues. In-depth chapters examine the accounting and reporting requirements for a range of specific entities, such as school districts, public employee pension funds, governmental colleges and universities, and public hospitals and healthcare providers. Topics include revenue funds, capital project funds, fiduciary funds, cash and investments valuation and disclosures, risk financing and insurance, and many others.  \u003c\/p\u003e\u003cp\u003eGovernmental accounting is a specialized, rapidly changing environment. \u003ci\u003eWiley GAAP for Governments 2020\u003c\/i\u003e is an indispensable volume for professionals in need of current information and expert guidance on preparing and auditing financial statements and maintaining compliance.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990491775205,"sku":"NP9781119596066","price":90.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119596066.jpg?v=1761788041","url":"https:\/\/k12savings.com\/products\/wiley-gaap-for-governments-2020-isbn-9781119596066","provider":"K12savings","version":"1.0","type":"link"}