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Essentials of Accounting for Governmental and
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Not-for-Profit Organizations 15 edition Paul Copley
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Chapters 1-14 Covered
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1
,TABLE OF CONTENT
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CHAPTERj1:jIntroductionjtojaccountingjandjfinancialjreportingjforjgovernmentaljandjnot-for-profitjorganizationsj
CHAPTERj2:jOverviewjofjfinancialjreportingjforjstatejandjlocaljgovernmentsj
CHAPTERj3:jModifiedjaccrualjaccounting:jIncludingjthejrolejofjfundjbalancesjandjbudgetaryjauthorityj
CHAPTERj4:jAccountingjforjthejgeneraljandjspecialjrevenuejfundsj
CHAPTERj5:jAccountingjforjotherjgovernmentaljfundjtypes:jcapitaljprojects,jdebtjservice,jandjpermanentj
CHAPTERj6:jProprietaryjFundsj
CHAPTERj7:jFiduciaryjFundsj
CHAPTERj8:jGovernment-widejstatements,jcapitaljassets,jlong-termjdebtj
CHAPTERj9:jAdvancedjtopicsjforjstatejandjlocaljgovernmentsj
CHAPTERj10:jAccountingjforjprivatejnot-for-profitjorganizationsj
CHAPTERj11:jCollegejandjuniversityjaccountingj
CHAPTERj12:jAccountingjforjhospitalsjandjotherjhealthjcarejprovidersj
CHAPTERj13:jAuditing,jtax-exemptjorganizations,jandjevaluatingjperformancejj
CHAPTERj14:jFinancialjreportingjbyjthejfederaljgovernmentj
2
,Chap 01 15e Copley
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Answers Included
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1) ThejGovernmentaljAccountingjStandardsjBoardjsetsjfinancialjreportingjstandardsjforjalljuni
tsjofjgovernment:jfederal,jstate,jandjlocal.
⊚j true
⊚j false
2) Fundjaccountingjexistsjprimarilyjtojprovidejassurancejthatjresourcesjarejusedjaccordingjtojlega
ljorjdonorjrestrictions.
⊚j true
⊚j false
3
, 3) ThejFinancialjAccountingjStandardsjBoardjsetsjfinancialjreportingjstandardsjforjprofit-
jseekingjbusinessesjandjnongovernmental,jnot-for-profitjorganizations.
⊚j true
⊚j false
4) FASAB,jGASB,jandjFASBjstandardsjarejsetjforthjprimarilyjinjdocumentsjcalledjstatements.
⊚j true
⊚j false
5) FASAB,jGASB,jandjFASBjreportingjstandardsjarejsetjforthjprimarilyjinjdocumentsjcalledjcon
ceptjstatements.
⊚j true
⊚j false
6) ThejFASABjwasjestablishedjtojrecommendjaccountingjandjfinancialjreportingjstandardsjforjthej
federaljgovernment.
⊚j true
⊚j false
4