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Governmental And Nonprofit Accounting: Theory And Practice (8th Edition) (Charles T. Horngren Series In Accounting)
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For undergraduate and graduate Accounting courses such as Governmental Accounting, Public Sector Accounting, Government and Nonprofit Accounting, and Fund Accounting. Governmental and Nonprofit Accounting 8/e provides a thorough basis for understanding the logic behind and nature of all the funds and nonfund accounts associated with governments. Its unique 4-Step Pedagogical approach allows students to fully grasp the accounting and reporting framework necessary before focusing on deriving the new government-wide financial statements.

Series: Charles T. Horngren Series in Accounting

Hardcover: 880 pages

Publisher: Prentice Hall; 8 edition (October 8, 2005)

Language: English

ISBN-10: 0131851292

ISBN-13: 978-0131851290

Product Dimensions: 8.7 x 1.4 x 11.1 inches

Shipping Weight: 4.4 pounds

Average Customer Review: 3.3 out of 5 stars  See all reviews (9 customer reviews)

Best Sellers Rank: #1,852,843 in Books (See Top 100 in Books) #100 in Books > Business & Money > Accounting > Governmental #1854 in Books > Business & Money > Small Business & Entrepreneurship > Nonprofit Organizations & Charities #2941 in Books > Textbooks > Business & Finance > Accounting

I used this textbook the last time I taught GovernmentalAccounting. The book is an excellent introduction to state and local government accounting and reporting, federal government accounting, not-for-profit organizations (colleges, universities, health care organizations, etc.), and public sector auditing. The 20 chapters have numerous illustrations of financial statements and flow charts relating each of the different fund types within specific organizations. The illustrations are both academic (i.e., written by the authors) and actual (e.g., City of Des Moines, Iowa). Where appropriate, there are chapter glossaries. Governmental accounting is unlike corporate accounting, in that both actual and budgetary amounts are shown in the financial statements provided to the external reader. The authors explain this clearly. The authors use t-accounts to show the interrelationship of the accounts and the flow of funds between the accounts. There also useful references to the Governmental Accounting Standards Board... The previous comment shows a typical response from an undergraduate, similar to what I have encountered on teaching evaluations in my different classes. A number of students believe that a course should be "interesting." That is, more entertaining. (See Peter Sacks's book, _Generation X Goes to College_.) If someone doesn't find governmental accounting interesting, don't major in accounting. It is not a requirement for any other undergraduate major at any school I know; indeed, few schools even teach the course. People should major in areas that they find interesting.

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