Table of Contents

Chapter 1: Introduction to Accounting and Financial Reporting for Governmental and Not-for-Profit EntitiesPart One: State and Local GovernmentsChapter 2: Principles of Accounting and Financial Reporting for State and Local GovernmentsChapter 3: Governmental Operating Statement Accounts; Budgetary AccountingChapter 4: Accounting for Governmental Operating Activities—Illustrative Transactions and Financial StatementsChapter 5: Accounting for General Capital Assets and Capital ProjectsChapter 6: Accounting for General Long-term Liabilities and Debt ServiceChapter 7: Accounting for the Business-Type Activities of State and Local GovernmentsChapter 8: Accounting for Fiduciary Activities—Agency and Trust FundsChapter 9: Financial Reporting of State and Local GovernmentsPart Two: Accountability for Public FundsChapter 10: Analysis of Governmental Financial PerformanceChapter 11: Auditing of Governmental and Not-for-Profit OrganizationsChapter 12: Budgeting and Performance MeasurementPart Three: Accounting and Financial Reporting for Not-for-Profit Organizations and the Federal GovernmentChapter 13: Accounting for Not-for-Profit OrganizationsChapter 14: Not-for-Profit Organizations—Regulatory, Taxation, and Performance IssuesChapter 15: Accounting for Colleges and UniversitiesChapter 16: Accounting for Health Care OrganizationsChapter 17: Accounting and Reporting for the Federal GovernmentGlossaryGovernmental and Not-for-Profit OrganizationsIndex

About the Author

Jacqueline L. Reck Serves as the associate dean of financial management and academic affairs for the College of Business and is the James E. and C. Ellis Rooks Distinguished Professor in Accounting at the University of South Florida. She received a BS degree from North Dakota State University, BS and MAcc degrees from the University of South Florida, and her PhD from the University of MissouriColumbia. She is a certified public accountant (Florida). Dr. Reck worked for state government for several years before joining academia. Currently, she is active in several professional associations. In addition to teaching governmental and not-for-profit accounting, Dr. Reck serves on the Governmental Accounting Standards Advisory Council and frequently presents continuing professional education workshops and sessions. She has provided workshops on governmental and not-for-profit accounting for local accounting firms and the state auditor generals staff. Dr. Reck has received several teaching and research awards and has chaired or served on several doctoral dissertation committees. Dr. Reck has published articles in Contemporary Accounting Research; Journal of Accounting and Public Policy; Research in Governmental and Nonprofit Accounting; Journal of Public Budgeting, Accounting and Financial Management; and the Journal of Information Systems , among others. She joined as an author on the 14th edition.



Suzanne L. Lowensohn is an associate professor of Accounting at Colorado State University. She received a BS and a MAcc degree from the University of South Florida, and her PhD from the University of Miami. She is a certified public accountant (Florida) and a chartered global management accountant. Dr. Lowensohn has served on the Governmental Accounting Standards Board Intangible Issues Task Force and Comprehensive Implementation Guide Advisory Committee, on the Government Finance Officers Association Special Review Executive Committee, on the Colorado Society of Certified Public Accountants Governmental Issues Committee, on the AICPA FARS Content Subcommittee, and as president of the Government and Nonprofit Section of the American Accounting Association. Prior to joining academia, she worked for KPMG and performed numerous governmental audits. Professor Lowensohn has published articles in Journal of Accounting and Public Policy; Research in Governmental and Nonprofit Accounting; Accounting and the Public Interest; Journal of Accounting Lite r ature ; Issues in Accounting Education; and Behavioral Research in Accounting, among others. She joined as an author on the 16th edition.