Accounting: Nonprofit & Governmental Accounting

The most authoritative source of generally accepted accounting principles (GAAP) developed by FASAB for federal entities is contained in The FASAB Handbook of Accounting Standards and Other Pronouncements, As Amended (FASAB Handbook).

The Financial Report of the United States Government (Report) provides the President, Congress, and the American People with a comprehensive view of the Federal Government's finances, i.e., its financial position and condition, its revenues and costs, assets and liabilities, and other obligations and commitments. The Fiscal Year 2011 Report also discusses important financial topics, including continuing economic recovery efforts, and fiscal sustainability. The related Citizen’s Guide provides a concise overview of the information contained in the full Financial Report.

The Governmental Accounting Standards Board (GASB) is the independent organization that establishes and improves standards of accounting and financial reporting for U.S. state and local governments.

This white paper discusses:
Distinguishing Characteristics of the Governmental Environment, How Governmental Accounting Differs from Business Enterprise Accounting, A Brief History of Governmental Accounting Standards Setting, and the Significance of State and Local Governments.

The National Association of State Budget Officers has been the professional membership organization for state budget and finance officers. As the chief financial advisors to our nation’s governors, NASBO members are influential decision makers in state government. They guide their states in analysis of budget options and formation of sound public policy.

AGA supports the careers and professional development of government finance professionals working in federal, state and local governments as well as the private sector and academia.

Resources for members in not-for-profit organizations.

Ebrary book

Ebrary book