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Governmental Accounting Made Easy, by Warren Ruppel
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A hands-on guide to the ins and outs of governmental accounting—made easy!
Governmental Accounting Made Easy, Second Edition equips you with the tools you need to run the financial and accounting operations within your organization. This complete and straightforward manual covers a broad range of governmental accounting topics that fall under the Governmental Accounting Standards Board, and its recently revised financial reporting model.
Boiling down the complicated details of governmental accounting into manageable essentials, author Warren Ruppel, a leading authority on governmental accounting, offers practical information in easy-to-understand terminology. Even if you do not have a professional understanding of accounting principles and financial reporting, the Second Edition makes it all clear with accounting rules explained in terms anyone can understand, to help you better fulfill your managerial and fiduciary duties.
Always practical and never over-technical, this helpful guide:
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Discusses basic accounting terminology
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Clearly explains fund accounting
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Covers the nuts and bolts of governmental financial statements
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Equips you to understand the reporting entity
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Discusses revenues from non-exchange transactions
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Helps you become conversant in various accounting topics
The recently adopted reporting model for governments resulted in a radical change in the way governmental financial statements are presented. Suitable for professional managers, budget preparers, school boards, city councils, state legislators, and comptrollers, Governmental Accounting Made Easy, Second Edition is your essential guide for a clear, concise, understandable explanation of government finances.
- Sales Rank: #96761 in Books
- Published on: 2009-10-26
- Original language: English
- Number of items: 1
- Dimensions: 9.30" h x 1.06" w x 6.30" l, 1.13 pounds
- Binding: Hardcover
- 320 pages
Review
"...a good written summary of the issues...illuminating..." (AccountingWEB UK, 6th September 2005)
From the Inside Flap
For laypeople and accountants with little or no governmental accounting experience, Governmental Accounting Made Easy, Second Edition is a complete and easy-to-use road map to a broad range of governmental accounting topics, and how these individual aspects of governmental accounting work together under the financial reporting model for governments adopted by the Governmental Accounting Standards Board.
Read, interpret, and analyze governmental financial statements—Governmental Accounting Made Easy, Second Edition explains everything you need to know. With an entirely new chapter on accounting for OPEB benefits, the Second Edition offers just-the-basics coverage of:
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Basic accounting concepts underlying all governmental accounting and financial reporting
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Basic financial statements prepared by governments, including government-wide financial statements and fund financial statements
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Note disclosures that accompany governmental financial statements
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Complicated accounting issues commonly found in governmental financial statements
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Background and definition for understanding the reporting entity
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Accounting requirements for revenues from non-exchange transactions
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Recording and valuing capital assets
Now with new coverage of accounting for pollution remediation obligations, asset impairment, and asset classification, as well as revised and expanded discussion of pension reporting and sales and pledges of receivables and future revenues, Governmental Accounting Made Easy, Second Edition is the most helpful single-source reference you will find.
Whether you are a manager, budget preparer, state legislator, comptroller, lawyer, bond counsel, underwriter of municipal bonds, rating agency employee, bond insurer, contractor, or a member of a school board or city council—Governmental Accounting Made Easy, Second Edition offers a wealth of practical information for putting accounting principles to work for your organization.
From the Back Cover
Read, interpret, and analyze governmental financial statements!
Governmental Accounting Made Easy is a complete and easy-to-use guide to a broad range of governmental accounting topics that fall under the new Governmental Accounting Standards Board 34 (GASB 34) financial reporting model.
The GASB 34 reporting model has resulted in a radical change in the way governmental financial statements are presented. For professionals in a diverse range of fields, Governmental Accounting Made Easy is the much-needed tool for making sense of what these new financial statements are trying to communicate.
Most helpful customer reviews
22 of 23 people found the following review helpful.
Good supplement to a text book
By Vernon A. Blaze
I bought this book to help me study for a Governmental Accounting class final. I wish I had the book the entire semester. It's a well written, concise book that boils down the intricate details of governmental accounting that is presented in text books into the more manageable and understandable essentials. It must have helped, because I ended up receiving an "A" in the course.
16 of 17 people found the following review helpful.
Excellent Supplement to Academic Text
By C. Baker
I purchased this book because I was taking a Governmental Accounting class online & the required text was awful! I needed some immediate help, and my instructor was no help so (as usual!), I turned to Amazon.
The title of this book says it all. The author explains the very difficult concepts of governmental accounting very clearly. It is easy to decipher what the funds are and how they inter-relate. This book is very well written and follows a logical, sequencial path. I never would have passed my class without this book!
10 of 10 people found the following review helpful.
good book
By siamkatz
Not a bad book for a beginning Governmental accounting book. I had no true "accounting" background when I started my job with a government agency, but had done bookkeeping for other businesses using just basics and common sense. It was definately different. This book helps guide you through all the different aspects of governmental accounting. It's very dry reading, but very imformative. You can actually find what you are looking for in the index and go right there and get the info you need quickly. I do recommend it to anyone getting in that type of accounting
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