For courses in governmental and nonprofit accounting.

A practice-approach that prepares students for professional government and nonprofit accounting

Written through the eyes of the learner, Governmental and Nonprofit Accounting prepares students for professional government, not-for-profit accounting practice, and the CPA exam. This comprehensive, up-to-date textbook covers state and local government, federal government, and not-for-profit organisation accounting, financial reporting, and auditing, and prepares students well for real-world practice. The 11th Edition emphasises that what students learn in the accounting classroom should correlate highly with what they must understand and apply on the CPA exam and as professional accountants. Its updated content reflects recent changes that have had significant impact on the world of accounting today.