Essentials of Accounting for Governmental and Not-for-Profit Organizations 10th Edition 13 potx

... Enhancer iii Preface Thank you for considering the tenth edition of Essentials of Accounting for Governmen- tal and Not -for- Profit Organizations . The tenth edition is updated for recent changes including: ... One INTRODUCTION TO ACCOUNTING AND FINANCIAL REPORTING FOR GOVERNMENTAL AND NOT -FOR- PROFIT ORGANIZATIONS 1 Generally Accepted Accounting P...

Ngày tải lên: 20/06/2014, 20:20

... and revenues from business licenses were $137 ,202. Expenditures were $499,200 for general gov- ernment, $131 ,345 for parks and recreation, $91,600 for sanitation, and $157,333 for streets and ... categories of reserved and unreserved. The standard affects only the equity section of the balance sheet of governmental funds. It does not change the reporting of n...

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... Fish and Game Fund . By legislation, revenue in this fund can be used only for the purpose of protection, propagation, and restoration of sport fish and game resources and the expenses of administering ... Enhancer Accounting for the General and Special Revenue Funds 101 Accrual of Interest and Penalties Delinquent taxes are subject to interest and penalties...

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... bottom of Illustration 2–11 for an ex- ample). A similar requirement exists for cash flow statements prepared for com- mercial businesses and private not -for- profit organizations. Accounting for ... Governments must assume the cost of closure, including the cost of equipment used, the cost of the landfill cover, and the cost of caring for the site for a perio...

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... accrual accounting for debt, including accrual of interest and amortization of debt discount and premium. Colleges often issue tuition discounts and other forms of financial aid. Some of this ... balances 2, 013, 840 1,527,880 Total liabilities and fund balances $2,148,640 $1,621,230 CITY OF SHENANDOAH Statement of Revenues, Expenditures and Changes in Fund Balan...

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... private, not -for- profit, governmental, or commer- cial (for- profit). Private, not -for- profit, and commercial health care entities have Category A GAAP established by the Financial Accounting Standards ... in the Not -for- Profit Guide as illus- trated in Chapter 10 of this text. The Health Care Guide calls these organizations Not -for- Profit Nonbusiness-Oriented Organizatio...

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... of not -for- profit organizations. Now we will focus on the use of financial and nonfinancial information in evaluat- ing the performance and financial position of not -for- profit organizations and ... management of the organization under audit. Frequently state and local governments and not -for- profit organizations receive funding under a variety of federal pr...

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... endowments. net assets—unrestricted (governmental and not -for- profit) Used in accounting for govern- mental and not -for- profit organizations indicating that portion of net assets that is unrestricted. ... Audits of Not -for- Profit Organizations, which provides guid- ance for private-sector colleges and universities, vol- untary health and welfare organizatio...

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... and Audit Guide: Not -for- Profit Organizations, 337, 363 Audit and Accounting Guide: Health Care Organizations, 273 Audit and Accounting Guide: Not -for- Profit Organizations, 6 Audit and ... provides guidance for state and local governmental units. statement of activities (not -for- profit account- ing) One of the three statements required for not -for...

Ngày tải lên: 20/06/2014, 20:20

... categories of reserved and unreserved. The standard affects only the equity section of the balance sheet of governmental funds. It does not change the reporting of net assets of proprietary and fiduciary ... such as the purchase of goods or services. The most common forms of non- exchange transactions are tax revenues and intergovernmental grants. Most of the activi...

Ngày tải lên: 21/06/2014, 04:20