CCH's Governmental GAAP Guide keeps financial professionals who work with state and local governments current with emerging governmental standards. These financial professionals must stay current or face unfortunate consequences. The CCH Governmental GAAP Guide analyzes all of the accounting principles for financial reporting by state and local governments. These include: -GASB Statements -GASB Interpretations -GASB Technical Bulletins -Releases of the National Council on Governmental Accounting (NCGA) that remain in effect as of the date of publication, including Statements and NCGA Interpretations The CCH Governmental GAAP Guide also covers certain AICPA Audit and Accounting Guide concepts. The author discusses and restates these standards in plain English and supports them with timesaving examples and illustrations. In one comprehensive volume, this impressive guide explains completely the financial accounting and reporting standards that are necessary in preparing the basic external financial statements of a governmental entity. To facilitate research, the text cross-references major topics to the pertinent paragraphs of the original pronouncements. Throughout the text Observations clarify specific accounting principles. A companion publication, Governmental GAAP Practice Manual, illustrates how governmental financial statements are prepared based on the standards established by GASB-34, Basic Financial Statements-- and Management's Discussion and Analysis--for State and Local Governments, and beyond. The CCH Governmental GAAP Guide also discusses current projects of the GASB, including standard-setting, a multiple-year project reexamining the financial reporting model, and a related project reexamining revenue and expense recognition principles and note disclosure. This book can be used in conjunction with the Governmental GAAP Update Service.

CCH's Governmental GAAP Guide keeps financial professionals who work with state and local governments must stay current with emerging governmental standards or face unfortunate consequences. It analyzes all of the accounting principles for financial reporting by state and local governments.

CCH's Governmental GAAP Guide keeps financial professionals who work with state and local governments must stay current with emerging governmental standards or face unfortunate consequences. It analyzes all of the accounting principles for financial reporting by state and local governments.

CCH's Governmental GAAP Practice Manual demonstrates in a detailed manner how a governmental entity can apply the complex standards established by GASB-34 and subsequent pronouncements. Using a reader-friendly presentation, this book shows accountants how to comply with the current standards in preparing governmental financial statements. Governmental entities are required to present their financial information using two different bases of accounting and measurement focuses. The book provides numerous journal entry examples to assist the reader in converting the fund financial statements (presented using the modified accrual basis and current financial resources measurement focus) to the government-wide financial statements (presented on the accrual basis and economic resources measurement focus). Book jacket.