| |
| |
Preface | |
| |
| |
About the Authors | |
| |
| |
| |
Governmental and Not-for-Profit Accounting Environment and Characteristics | |
| |
| |
Governmental and Not-for-Profit Organizations | |
| |
| |
Governmental and Not-for-Profit Entity Environment | |
| |
| |
Users and Uses of Accounting Information | |
| |
| |
Accounting Principles and Standards | |
| |
| |
Objectives of Financial Reporting | |
| |
| |
Unique Accounting and Financial Reporting Characteristics | |
| |
| |
| |
The Use of Funds in Governmental Accounting | |
| |
| |
Fund Accounting | |
| |
| |
Measurement Focus and Basis of Accounting | |
| |
| |
Governmental-Type Funds | |
| |
| |
Proprietary-Type Funds | |
| |
| |
Fiduciary-Type Funds | |
| |
| |
| |
Budgetary Considerations in Governmental Accounting | |
| |
| |
Budget Laws | |
| |
| |
Types of Budgets | |
| |
| |
Approaches to Budgeting | |
| |
| |
The Budget Process | |
| |
| |
Service Efforts and Accomplishments | |
| |
| |
Budgetary Review | |
| |
| |
The Budget Document | |
| |
| |
Legislative Consideration and Adoption of the Budget | |
| |
| |
Property Tax Levy | |
| |
| |
Using Budgetary Information | |
| |
| |
Classifying Revenues and Expenditures | |
| |
| |
Budgetary Accounting | |
| |
| |
Additional Aspects of Budgetary Accounting | |
| |
| |
Closing Comments | |
| |
| |
| |
The Governmental Fund Accounting Cycle: An Introduction to General and Special Revenue Funds | |
| |
| |
Recognizing Revenues and Expenditures | |
| |
| |
Illustrating the General Fund Accounting Cycle | |
| |
| |
Control Accounts and Subsidiary Ledgers | |
| |
| |
Closing Comments | |
| |
| |
| |
The Governmental Fund Accounting Cycle: Additional Transactions of General and Special Revenue Funds-Introduction to Permanent Funds | |
| |
| |
Property Tax Accounting | |
| |
| |
Accounting for Other Taxes and Intergovernmental Grants | |
| |
| |
Important Exceptions to the General Principle for Recognizing Expenditures | |
| |
| |
Fund Balance Presentation | |
| |
| |
Interfund Activity | |
| |
| |
Additional Aspects of Budgetary Accounting | |
| |
| |
Other Issues | |
| |
| |
Review of Year-End Financial Statements | |
| |
| |
Permanent Funds | |
| |
| |
| |
The Governmental Fund Accounting Cycle: Capital Projects Funds, Debt Service Funds, and Special Assessments | |
| |
| |
Measurement Focus and Basis of Accounting | |
| |
| |
Capital Projects Funds | |
| |
| |
Debt Service Funds | |
| |
| |
Leased Assets | |
| |
| |
Special Assessment Projects | |
| |
| |
Concluding Comment | |
| |
| |
| |
The Governmental Fund Accounting Cycle: Proprietary-Type Funds | |
| |
| |
Overview | |
| |
| |
Specific Aspects of Internal Service Funds | |
| |
| |
Specific Aspects of Enterprise Funds | |
| |
| |
| |
The Governmental Fund Accounting Cycle: Fiduciary Funds | |
| |
| |
Overview of Employer Government Pension Accounting | |
| |
| |
Fiduciary-Type Funds: Pension Trust Funds | |
| |
| |
Fiduciary-Type Funds: Investment Trust Funds | |
| |
| |
Fiduciary-Type Funds: Private Purpose Trust Funds | |
| |
| |
Fiduciary-Type Funds: Agency Funds | |
| |
| |
| |
Reporting Principles and Preparation of Fund Financial Statements | |
| |
| |
Financial Reporting Objectives (GASB Concepts Statement No. 1) | |
| |
| |
Introduction to the Financial Reporting Model (GASB Statement No. 34) | |
| |
| |
The Financial Reporting Entity (GASB Statement No. 14) | |
| |
| |
Overview of the Comprehensive Annual Financial Report | |
| |
| |
Minimum External Financial Reporting Requirements | |
| |
| |
Preparing Management's Discussion and Analysis | |
| |
| |
Preparing Fund Financial Statements: General | |
| |
| |
Preparing Fund Financial Statements for Governmental Funds | |
| |
| |
Preparing Fund Financial Statements for Proprietary Funds | |
| |
| |
Preparing Fund Financial Statements for Fiduciary Funds | |
| |
| |
Preparing Budgetary Comparison Schedules | |
| |
| |
Preparing Notes to the Financial Statements | |
| |
| |
Preparing the Statistical Section | |
| |
| |
Auditor's Report | |
| |
| |
| |
Government-Wide Financial Statements | |
| |
| |
Format of Government-Wide Financial Statements | |
| |
| |
Preparing Government-Wide Financial Statements | |
| |
| |
Creating Government-Wide Financial Statements from Fund Financial Data: Comprehensive Illustration | |
| |
| |
Capital Assets, Including Infrastructure Assets | |
| |
| |
| |
Federal Government Accounting and Reporting | |
| |
| |
The Federal Budgetary Process | |
| |
| |
Federal Accounting-Background | |
| |
| |
Consolidated U.S. Government Financial Statements | |
| |
| |
Accounting Within the Federal Agencies | |
| |
| |
Federal Agency Financial Reporting Requirements | |
| |
| |
| |
Accounting for Not-for-Profit Organizations | |
| |
| |
Characteristics of Not-for-Profit Organizations | |
| |
| |
Financial Reporting | |
| |
| |
Contributions Other Than Services and Collections | |
| |
| |
Contributed Services | |
| |
| |
Contributions to Collections | |
| |
| |
Other Accounting Matters | |
| |
| |
Fund Accounting in NFPOs | |
| |
| |
Illustration Using Funds | |
| |
| |
| |
Not-for-Profit Colleges and Universities | |
| |
| |
| |
Accounting for Health Care Organizations | |
| |
| |
Health Care Service Providers | |
| |
| |
Introduction to Hospital Accounting and Financial Reporting | |
| |
| |
Patient Service Revenues | |
| |
| |
Investment Income, Other Revenues, Gains | |
| |
| |
Expenses | |
| |
| |
Other Transactions | |
| |
| |
Accounting for Transactions with Restrictions | |
| |
| |
Financial Statements | |
| |
| |
| |
Analysis of Financial Statements and Financial Condition | |
| |
| |
Information Content of Financial Statements: A Financial Analysis Perspective | |
| |
| |
An Approach to Financial Statement and Financial Condition Analysis | |
| |
| |
Financial Statement and Financial Condition Analysis Indicators | |
| |
| |
Financial Condition Assessment | |
| |
| |
Illustration of Analysis of Governmental Financial Statements | |
| |
| |
Illustration of Analysis of Not-for-Profit Hospital Financial Statements | |
| |
| |
| |
Fundamentals of Accounting | |
| |
| |
The Accounting Equation: Transaction Analysis | |
| |
| |
The Accrual Basis of Accounting | |
| |
| |
Recording Transactions: Debits and Credits | |
| |
| |
Financial Statements | |
| |
| |
Closing the Books | |
| |
| |
Other Transactions and Other Matters | |
| |
| |
Index | |