Wiley GAAP for Governments 2012

The most practical, authoritative guide to governmental GAAP Wiley GAAP for Governments 2012 is a comprehensive guide to the accounting and financial reporting principles used by state and local governments as well as other governmental entities. Designed with the needs of the user in mind, this comprehensive resource presents the important developments in governmental GAAP during the past year. Full coverage of authoritative accounting standards Extremely useful and user-friendly examples, illustrations, and helpful practice hints A comprehensive guide to the accounting and financial reporting principles used by state and local governments as well as other governmental entities Provides a look ahead to the status of current and future Governmental Accounting Standards Board standards and projects Offers information on the very latest in standard-setting activities Also by Warren Ruppel: Governmental Accounting Made Easy Wiley GAAP for Governments 2012 is a thorough, reliable reference financial professionals will consistently keep on their desks rather than on their bookshelves.

The most practical, authoritative guide to governmental GAAPWiley GAAP for Governments 2012 is a comprehensive guideto the accounting and financial reporting principles used by stateand local governments as well as other governmental entities.Designed with the needs of the user in mind, this comprehensiveresource presents the important developments in governmental GAAPduring the past year.* Full coverage of authoritative accounting standards* Extremely useful and user-friendly examples, illustrations, andhelpful practice hints* A comprehensive guide to the accounting and financial reportingprinciples used by state and local governments as well as othergovernmental entities* Provides a look ahead to the status of current and futureGovernmental Accounting Standards Board standards and projects* Offers information on the very latest in standard-settingactivities* Also by Warren Ruppel: Governmental Accounting MadeEasyWiley GAAP for Governments 2012 is a thorough, reliablereference financial professionals will consistently keep on theirdesks rather than on their bookshelves.

Preface viiAbout the Author ix1 New Developments 12 Foundations of Governmental Accounting 273 Fund Accounting Fundamentals 514 General Fund and Special Revenue Funds 735 Capital Projects Funds 876 Debt Service Funds 1017 Proprietary Funds 1118 Fiduciary Funds 1359 Financial Statements Prepared by Governments 14110 The Importance of Budgets to Governments 20711 Definition of the Reporting Entity 21912 Cash and Investments--Valuation and Disclosures 25913 Derivative Instruments 28514 Capital Assets 31515 Debt and Other Obligations 34716 Landfill Closure and Postclosure Care Costs 38317 Postemployment Benefits--Pension and Other 39318 Compensated Absences 43319 Accounting for Leases 44520 Nonexchange Transactions 46521 Risk Financing and Insurance-Related Activities/Public EntityRisk Pools 48122 Pension and OPEB Plan Financial Statements 51123 Educational and Other Governmental Entities 561Appendix: Disclosure Checklist 577Index 607