Essentials of Accounting for Governmental and Not-for-Profit 15th Edition

Essentials of Accounting for Governmental and Not-for-Profit Organizations, Fifteenth Edition by Paul A. Copley — Published by McGraw Hill

This concise and practical text provides thorough coverage of the accounting and financial reporting standards used by governmental and not-for-profit organizations. Designed for a one-semester course, it gives students a focused, accessible introduction to fund accounting, modified accrual accounting, and the reporting requirements that distinguish the public and nonprofit sectors from commercial enterprises — all presented with the clarity and precision that practitioners and students need.

The Fifteenth Edition is fully updated to reflect the most recent GASB (Governmental Accounting Standards Board) and FASB (Financial Accounting Standards Board) pronouncements, ensuring students are learning the standards currently in use by governments and nonprofits across the country. Coverage includes the financial reporting of state and local governments, the federal government, hospitals, colleges and universities, voluntary health and welfare organizations, and other nonprofit entities. End-of-chapter exercises, problems, and cases drawn from real-world governmental and nonprofit financial reports reinforce understanding and give students hands-on experience applying the standards they have learned.

Paul A. Copley is Professor and School of Accountancy Director at James Madison University in Harrisonburg, Virginia, where he has taught governmental and not-for-profit accounting for many years. He has published research in accounting and auditing and has received awards for teaching excellence. His combination of scholarly expertise and genuine commitment to making a complex subject accessible makes this text the leading resource for governmental and not-for-profit accounting education in the United States.