A comprehensive guide to the accounting and financial reporting
principles used by state and local governments
As more governmental accounting standards are issued, preparers need
clear guidance. The Wiley GAAP for Governments 2020 Interpretation
and Application of Generally Accepted Accounting Principles for State
and Local Governments guides preparers through the standards and their
increasing complexity. This is a comprehensive guide to the accounting
and financial reporting principles for state and local governments, as
well as other government organizations. It has been written to address
the needs of users and serve as a helpful resource.
Wiley GAAP for Governments 2020 covers the key developments in
governmental GAAP that occurred in 2019. Financial professionals can
turn to this reliable reference for detailed information and guidance on
implementing newly issued and revised standards. Charts and diagrams
encourage enhanced understanding of the information.
Practitioners will find that the book offers:
- Coverage of financial statements for school districts, public
authorities, and pension plans
- Timely information about implementing accounting updates
- Content that stands as an application guide for practitioners
- Checklist for preparers to help ensure that all required disclosures
are completed
This thorough guide can help financial professionals successfully
navigate the complexities of the latest governmental accounting
standards. It is a practical resource for those who prepare the critical
financial statements of government entities.
