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Government and Not-for-Profit Accounting: Concepts and Practices Hardcover – September 17, 2012

ISBN-13: 035-2260572187 ISBN-10: 0470390786 Edition: 5th

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Government and Not-for-Profit Accounting: Concepts and Practices + Governmental Accounting Made Easy
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Editorial Reviews

From the Publisher

Unlike other government and not-for-profit (NFP) books, this one is directed at potential users rather than preparers of financial reports. It demonstrates the significance of reported information and shows users (managers, investors, taxpayers, legislators, trustees) how to interpret and analyze accounting information. --This text refers to an out of print or unavailable edition of this title.

From the Back Cover

Orlando Science Center (featured on the cover of this text) is not only a highly successful not-for-profit organization, it's also located in the first city to incorporate the latest GASB pronouncements!

REVIEW ORLANDO'S COMPREHENSIVE ANNUAL FINANCIAL REPORT ON CD-ROM

Now packaged with a free CD-ROM containing Orlando's comprehensive annula financial report (CARF) for 2000, Granof's Second Edition of GOVERNMENT AND NOT-FOR-PROFIT ACCOUNTING takes a fresh look at the unique features of governmental and not-for-profit accounting. The new edition is also completely revised and updated with:

  • The latest GASB pronouncements through Statement No. 36 and Interpretation No. 6
  • The new accounting model, which is integrated throughout the text
  • Recent updates to the Single Audit Act and Federal Accounting Standards Advisory Board pronouncements

You can use the accompanying CD-ROM to search Orlando's CAFR, to obtain hands-on experience in reviewing and analyzing data, and to solve the continuing problem that appears at the end of every chapter in the book. --This text refers to an out of print or unavailable edition of this title.

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Product Details

  • Hardcover: 832 pages
  • Publisher: Wiley; 5 edition (September 17, 2012)
  • Language: English
  • ISBN-10: 0470390786
  • ISBN-13: 978-0470390788
  • Product Dimensions: 8.3 x 1.3 x 10 inches
  • Shipping Weight: 3.4 pounds (View shipping rates and policies)
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (24 customer reviews)
  • Amazon Best Sellers Rank: #126,823 in Books (See Top 100 in Books)

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Customer Reviews

4.2 out of 5 stars

Most Helpful Customer Reviews

5 of 5 people found the following review helpful By Ellis Jones on April 1, 2013
Format: Hardcover Verified Purchase
I ordered this book for a master's accounting class I was taking and it was very clear adn helpful in allowing me to understand just how government's record their accounting from a journal entry standpoint as well as operational view too. Very easy to read, understand, and pickup.
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5 of 5 people found the following review helpful By Sewhappy on December 16, 2012
Format: Hardcover Verified Purchase
I purchased this book because I just started a new job with a local county. Governmental accounting is very different from public accounting and I needed the additional information. It is a text book and does what text books do; teach you.
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3 of 3 people found the following review helpful By NH Chicago on November 26, 2013
Format: Hardcover Verified Purchase
I purchased this book because of the customer reviews and I think it is great. It is very easy to understand, well organized and well written. I don't have an accounting background but increasingly work in government finance and needed a book to study on my own. Another plus is that although I purchased this book used, I was able to download software and data exercises to go along with the book. As an aside, I also have "Governmental and Non-Profit Accounting Theory and Practice" (8th edition) by Freeman, Shoulders and Allison which I think is a very difficult book to read. If you are struggling with that book, I recommend trying this one.
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2 of 2 people found the following review helpful By Aria on January 30, 2013
Format: Hardcover Verified Purchase
It is very good book. It is very usefull if you want to learn more about government and not-for-profit accounting.
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2 of 2 people found the following review helpful By Sunny O. on September 15, 2013
Format: Hardcover Verified Purchase
I needed the book to complement in my preparation for a CPA Exam (FAR) and I got what I wanted.
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1 of 1 people found the following review helpful By James on September 14, 2014
Format: Hardcover Verified Purchase
I purchased this book to brush up on my government accounting before taking a civil service test to get on a promotion list. I scored well and have been promoted twice since taking the test.
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Format: Hardcover Verified Purchase
I had to get this book for an online LSU class. I have taken an online class before and did well. This book is hard to follow. Some things I have found are the following:
1. It will ask you questions that were not addressed in the reading or examples. This one ticks me off the most. If a question is presented then it should be covered somewhere in the reading. I am not saying that all questions require examples to be present but at least address a question if asked.
2. It is very wordy, it is full of fluff, to the point where it is easy to get lost in the reading because you have no idea what the book is actually trying to cover.
3. Governmental accounting is a complex subject, so instead of carefully explaining and placing examples, the book will sometimes have examples that go on for pages trying to explain numerous issues. Comprehensive examples are fine at the end of chapters but when someone is trying to get the basics, there is no need to have a huge multistage comprehensive example that has to be deciphered every time you look at it.
4. The book does not do a good job of dividing the material. In one section, scratch that, in one paragraph it will try to cover so many different points that I have to read paragraphs four and five times to pick out the parts that relate to each subject.
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Format: Hardcover Verified Purchase
For more than 35 years I have worked with governmental and nonprofit organizations whose operations are regulated by the accounting and auditing professions. Michael Granof has provided accounting students and managers within governmental and nonprofit organizations an excellent guide to understanding essential public sector accounting and auditing practices.
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Government and Not-for-Profit Accounting: Concepts and Practices
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