Accounting Standards

The most practical, authoritativeguide to governmental GAAPWiley GAAP for Governments 2011 is a comprehensive guide to the accounting and financial reporting principles used by state and local governments as well as other governmental entities. Financial statement preparers, attestors, and readers will find its full coverage of authoritative accounting standards coupled with many examples, illustrations, and helpful practice hints extremely useful and user-friendly. Designed with the needs of the user in mind, a “New Developments” chapter keeps you informed of all the important developments in governmental GAAP during the past year. A look ahead at the status of current and future Governmental Accounting Standards Board standards and projects provides information on the very latest in standard-setting activities and covers: 

• GASB Statement No. 51 Accounting and Financial Reporting for Intangible Assets
• GASB Statement No. 52 Land and Other Real Estate Held as Investments by Endowments
• GASB Statement No. 53 Accounting and Financial Reporting for Derivatives
• GASB Statement No. 54 Fund Balance Reporting and Governmental Fund Type Devinitions
• GASB Statement No. 55 The Hierarchy of Generally Accepted Accounting Principles for State and Local Governments
• GASB Statement No. 56 Codification of Accounting and Financial Reporting Guidance Contained in AICPA Statements on Auditing Standards
• GASB Statement No. 57 OPEB Measurements by Agent Employers and Agent Multi-Employer Plans
• GASB Statement No. 58 Accounting and Financial Reporting for Chapter 9 Bankruptcies
• Exposure Draft Accounting and Financial Reporting for Service Concession Arrangements
• Exposure Draft Financial Instruments Omnibus
• Exposure Draft Pension Accounting and Financial Reporting
• Latest on GASB Technical Plan  

Wiley GAAP for Governments 2011 strives to be a thorough, reliable reference that you’ll use constantly. It’s designed to be kept on your desk rather than on your bookshelf.