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Specifications

Product Code:
GFSP
Update frequency
Updated annually
Update format
TRTA Update Method
Description

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PPC's Guide to Preparing Governmental Financial Statements is your one source for answers on applying GAAP to a government. The Guide is a hands-on resource that discusses and illustrates governmental accounting standards and can best be described as a governmental GAAP Guide. Both government accounting professionals and auditors will save countless research hours by using the topical format, comprehensive disclosure checklist, and numerous illustrations and practical considerations to quickly resolve perplexing governmental accounting and reporting issues.

The Guide allows firms and governmental entities to:

  • Skillfully prepare financial statements in accordance with GAAP
  • Have consistency in style, format, and technical quality of governmental financial statements
  • Move from basic revenue and expenditure/expense recognition issues to fund trial balances to completed basic financial statements (including notes), management's discussion and analysis, and required supplementary information
  • Understand the unique issues associated with implementing recent GASB standards, as well as reporting issues associated with school districts and other special-purpose governments - all including illustrations
  • Address the requirements for presenting an annual comprehensive financial report (ACFR), and includes an illustrative ACFR

Our expert authors bring decades of combined governmental accounting experience to the Guide, making it an invaluable resource on governmental GAAP.

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