Federal Accounting Handbook: Policies, Standards, Procedures, Practices [Paperback]

Cornelius E. Tierney (Author), Edward F. Kearney (Author), Roldan Fernandez (Author), Jeffrey W. Green (Author), Kearney & Company (Author)

Book Description

ISBN-10: 0471739286 | ISBN-13: 978-0471739289 | Publication Date: October 27, 2006 | Edition: 2

Now in a second edition, Federal Accounting Handbook is the handbook that every financial federal employee can use, covering all of the recent revisions including new FASAB standards and how Congress wants the intent and objectives of the Sarbanes-Oxley Act to be implemented by federal departments and agencies. Written for both the professional and the non-professional, this handbook equips you with the what, why, when, and how of federal financial management,

Editorial Reviews

Review

"…is crucial not just for federal financial employees, but also for financial types at hundreds of thousands of nonprofits, government contractors and more." (Accounting Today, February 2007)

From the Back Cover

Every day, tens of thousands of people are involved in the financial management of the federal government—planning, budgeting, accounting, processing, and reporting. Hundreds of thousands more deal with the federal government through their work with local and state governments, the public sector, and nonprofit organizations. Likewise, federal contractors, subcontractors, and grantees are responsible for accurately accounting for and reporting on their use of federal funds. Every one of these professionals needs to understand and abide by the federal accounting principles and procedures currently accepted and practiced, most of which are not necessarily the generally accepted accounting principles of the private sector, nonprofit sector, or other levels of government.

Now in a second edition, Federal Accounting Handbook is the handbook that every financial federal employee can use, covering all of the recent revisions including new FASAB standards and how Congress wants the intent and objectives of the Sarbanes-Oxley Act to be implemented by federal departments and agencies. Written for both the professional and the non-professional, this handbook equips you with the what, why, when, and how of federal financial management, including:

• Financial Management Legislation and Policy
• The Chief Financial Officers Act of 1990
• Federal Accounting Standards Advisory Board Pronouncements
• Office of Management and Budget Circulars and Bulletins
• The Federal Budget
• Accounting Events of the Federal Government
• Federal Financial and Information Systems
• Assets, Liabilities, and Net Entity Position
• Non-Appropriated Fund Activities
• Costing Federal Entities, Programs, and Activities
• And much more

ESSENTIAL INFORMATION FOR:

• Federal accountants, budget officials, directors, and the staffs of chief financial officers, inspectors general, and internal auditors
• All CPAs, CGFMS, and CFAs
• Federal consultants, contractors, and grantees
• Professionals aspiring to credentials
• Anyone doing business with the federal government

Also available:

• Federal Government Auditing: Laws, Regulations, Standards, Practices, and Sarbanes-Oxley
• OMB Circular A-123 and Sarbanes-Oxley: Management's Responsibility for Internal Control in Federal Agencies
• Wiley GAAP for Governments 2006

See all Editorial Reviews

Product Details

• Paperback: 376 pages
• Publisher: Wiley; 2 edition (October 27, 2006)
• Language: English
• ISBN-10: 0471739286
• ISBN-13: 978-0471739289
• Product Dimensions: 7.5 x 0.9 x 9.2 inches
• Shipping Weight: 1.5 pounds (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #599,192 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

4 of 4 people found the following review helpful:

5.0 out of 5 stars Handbook Review, September 25, 2010

By 

Pete Rose (GEORGETOWN, TX, US) - See all my reviews

This review is from: Federal Accounting Handbook: Policies, Standards, Procedures, Practices (Paperback)

This should be considered the definitive reference for understanding accounting practices in the federal government. It not only provides specific examples on the accounts needed for many transactions, it also provides a history of how accounting practices have evolved in the federal government. Anyone who needs to have an understanding of federal accounting needs this book as a reference.

2 of 73 people found the following review helpful:

5.0 out of 5 stars Knowledge of Account is main "Key" to Success, June 15, 2000

By 

Vishal Randive - See all my reviews

This review is from: Federal Accounting Handbook: Policies, Standards, Procedures, Practices (Paperback)

Often world is so faster to investing money and also making excess return from investing. Every business (small/big) wants excess profit from less investment. in stock markets or in industry all people wants excess money for living well. and provide good facilities to family.

So, time have came to know how you make money in less investment or less capital. how many keys you use in current period and so you can develope your knowledge by studing accounting books. which contain finance management,(working capital) and employee management. Also flexible with market situations. if you want to make money, you should get knowledge of Accounts and also market, time management. so, "when you need money and success, you have information of Accounts and its related factors or Keys". Information/Knowledge is key to Success!