Analyzing the Financial Condition of Local Governments Using the GASB No. 34 Governmental Financial Reporting Model

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ISBN 13 :
Total Pages : 330 pages
Book Rating : 4.:/5 (468 download)

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Book Synopsis Analyzing the Financial Condition of Local Governments Using the GASB No. 34 Governmental Financial Reporting Model by : Annette Bernice Pridgen

Download or read book Analyzing the Financial Condition of Local Governments Using the GASB No. 34 Governmental Financial Reporting Model written by Annette Bernice Pridgen and published by . This book was released on 2008 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: The Governmental Accounting Standards Board issued Statement No. 34 (GASB No. 34), creating a new government-wide reporting model. A primary purpose of this study is to determine whether information variables from the new reporting model are associated with the default risk of local governments (a proxy for fiscal distress). This study also examines whether the information provided by the new (accrual) reporting model is incremental to information provided by the fund-based (modified-accrual) financial statements. Financial condition indicators are derived from current literature. The study uses ordered logistic regressions to analyze financial data from a sample of 287 counties and 409 municipalities. Underlying debt ratings are used as a measure of default risk. The sum of the statistical analyses suggests that the association between accounting information and the local government's default risk varies between counties and municipalities. Results generally provide more evidence that information provided by the GASB No. 34 reporting model is associated with the local government's default risk for the sample of municipalities than for the sample of counties. Results further suggest that solvency and liquidity indicators commonly used to measure financial condition in private industry behave differently for the sample of governments in the study. This research also finds that each component of net assets, except restricted net assets, provides information relevant to assessing the government's default risk. In addition, there is evidence that the GASB No. 34 reporting model provides information incremental to that of the fund-based reporting model for the sample of municipalities but not for the sample of counties. This study extends research by Plummer et al. (2007) on the governmental activities of a sample of Texas school districts. In addition to the four financial variables examined by that study, the current study documents the relevance of nine other variables from both governmental and business-type activities using a sample of counties and municipalities. The current study adds to the body of governmental accounting literature by creating a foundation for future research on the relevance of the GASB No. 34 reporting model.

Governmental Accounting Made Easy

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Publisher : John Wiley & Sons
ISBN 13 : 0471686980
Total Pages : 290 pages
Book Rating : 4.4/5 (716 download)

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Book Synopsis Governmental Accounting Made Easy by : Warren Ruppel

Download or read book Governmental Accounting Made Easy written by Warren Ruppel and published by John Wiley & Sons. This book was released on 2004-10-19 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Read, interpret, and analyze governmental financial statements–Governmental Accounting Made Easy explains it all Clearly explaining how to read and analyze the financial statements of governments and governmental organizations, Governmental Accounting Made Easy assists you-accountant or not-to interpret governmental financial statements. This easy-to-understand book guides the reader in understanding how these individual topics come together to form a whole, under the Governmental Accounting Standards Board 34 (GASB 34) financial reporting model. This indispensable resource covers Basic accounting concepts underlying governmental accounting and financial reporting Basic financial statements prepared for a government, including government-wide and fund financial statements Note disclosures that accompany governmental financial statements Complicated accounting issues commonly found in governmental financial statements Future issues impacting governmental accounting and financial reporting Expert advice from Warren Ruppel, author of Wiley GAAP for Governments 2009 Providing a simplified background and discussion of a broad range of governmental accounting topics, Governmental Accounting Made Easy authoritatively and thoroughly guides you through every aspect of governmental accounting and financial reporting.

Financial Accounting for Local and State School Systems

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ISBN 13 :
Total Pages : 188 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Financial Accounting for Local and State School Systems by :

Download or read book Financial Accounting for Local and State School Systems written by and published by . This book was released on 1981 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Guide to Governmental Financial Reporting Model Implementing GASBS

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Publisher :
ISBN 13 : 9780764618697
Total Pages : pages
Book Rating : 4.6/5 (186 download)

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Book Synopsis Guide to Governmental Financial Reporting Model Implementing GASBS by : Suesan R. Patton

Download or read book Guide to Governmental Financial Reporting Model Implementing GASBS written by Suesan R. Patton and published by . This book was released on 2002-10-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides hands-on resource that actually shows the accountant how to prepare governmental financial statements based on the new GASB statement no. 34.

How to Understand Local Government Financial Statements

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Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis How to Understand Local Government Financial Statements by : Paul E. Glick

Download or read book How to Understand Local Government Financial Statements written by Paul E. Glick and published by . This book was released on 1986 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:

PPC's Guide to Governmental Financial Reporting Model Implementing GASBS

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Publisher :
ISBN 13 : 9780764623103
Total Pages : pages
Book Rating : 4.6/5 (231 download)

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Book Synopsis PPC's Guide to Governmental Financial Reporting Model Implementing GASBS by : Practitioners Publishing Co. Staff

Download or read book PPC's Guide to Governmental Financial Reporting Model Implementing GASBS written by Practitioners Publishing Co. Staff and published by . This book was released on 2003-10-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides hands-on resource that actually shows the accountant how to prepare governmental financial statements based on the new GASB Statement No. 34.

Government Auditing Standards - 2018 Revision

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Publisher : Lulu.com
ISBN 13 : 0359536395
Total Pages : 234 pages
Book Rating : 4.3/5 (595 download)

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Book Synopsis Government Auditing Standards - 2018 Revision by : United States Government Accountability Office

Download or read book Government Auditing Standards - 2018 Revision written by United States Government Accountability Office and published by Lulu.com. This book was released on 2019-03-24 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Audits provide essential accountability and transparency over government programs. Given the current challenges facing governments and their programs, the oversight provided through auditing is more critical than ever. Government auditing provides the objective analysis and information needed to make the decisions necessary to help create a better future. The professional standards presented in this 2018 revision of Government Auditing Standards (known as the Yellow Book) provide a framework for performing high-quality audit work with competence, integrity, objectivity, and independence to provide accountability and to help improve government operations and services. These standards, commonly referred to as generally accepted government auditing standards (GAGAS), provide the foundation for government auditors to lead by example in the areas of independence, transparency, accountability, and quality through the audit process. This revision contains major changes from, and supersedes, the 2011 revision.

Financial Reporting Practices of Local Governments

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Publisher :
ISBN 13 :
Total Pages : 110 pages
Book Rating : 4.3/5 (512 download)

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Book Synopsis Financial Reporting Practices of Local Governments by : Robert W. Ingram

Download or read book Financial Reporting Practices of Local Governments written by Robert W. Ingram and published by . This book was released on 1987 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Financial Reporting by State and Local Government Units

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Publisher : Center for Management of Public and Nonprofit Enterprise Graduate School of Business University of C
ISBN 13 :
Total Pages : 100 pages
Book Rating : 4.3/5 (512 download)

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Book Synopsis Financial Reporting by State and Local Government Units by : Sidney Davidson

Download or read book Financial Reporting by State and Local Government Units written by Sidney Davidson and published by Center for Management of Public and Nonprofit Enterprise Graduate School of Business University of C. This book was released on 1977 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:

An elected official's guide to the new governmental financial reporting model

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Publisher :
ISBN 13 : 9780891252184
Total Pages : 78 pages
Book Rating : 4.2/5 (521 download)

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Book Synopsis An elected official's guide to the new governmental financial reporting model by : Stephen J. Gauthier

Download or read book An elected official's guide to the new governmental financial reporting model written by Stephen J. Gauthier and published by . This book was released on 2000 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Understanding Local Government Financial Statements

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Publisher :
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.3/5 (512 download)

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Book Synopsis Understanding Local Government Financial Statements by : Price, Waterhouse & Co. Office of Government Services

Download or read book Understanding Local Government Financial Statements written by Price, Waterhouse & Co. Office of Government Services and published by . This book was released on 1976 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Guide to Governmental Financial Reporting Model Implementing GASBS

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Publisher :
ISBN 13 : 9780764618680
Total Pages : pages
Book Rating : 4.6/5 (186 download)

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Book Synopsis Guide to Governmental Financial Reporting Model Implementing GASBS by : Suesan R. Patton

Download or read book Guide to Governmental Financial Reporting Model Implementing GASBS written by Suesan R. Patton and published by . This book was released on 2002 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Fiscal Health for Local Governments

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Publisher : Academic Press
ISBN 13 : 9780123547514
Total Pages : 271 pages
Book Rating : 4.5/5 (475 download)

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Book Synopsis Fiscal Health for Local Governments by : Beth Walter Honadle

Download or read book Fiscal Health for Local Governments written by Beth Walter Honadle and published by Academic Press. This book was released on 2004 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: This examination of the fiscal health of local governments offers a "how-to" approach to identifying and solving financial problems. It will serve as a primer for readers interested in understanding financial processes and alternatives, and as a practical guide for those who need access to fiscal measurement tools. Its principal selling point lies in its assumptions: instead of using the vocabulary and research agendas of economists (such as Musgrave, Fisher), finance scholars (Ladd/Yinger) and political scientists (Peterson/Strachota), it will appeal to readers who lack sophisticated knowledge in these areas and nevertheless need practical advice. The book stems from the "Fiscal Health Education Program," an applied economics program at the University of Minnesota. It uses three measures of fiscal health-financial condition, trend analysis, and financial trend monitoring system-as the basis for advocating particular fiscal strategies. The book examines the tools that can be used to assess the condition of a local government's fiscal health and some of the policy causes or remedies for certain situations, as well as some of the strategies governments can pursue to maintain and improve health. *How-to approach will appeal to readers who lack sophisticated knowledge * Contains discussion questions and anonymous case studies of actual cities and municipalities * Presents practical methods for identifying and solving common fiscal problems

Understanding and Implementing GASB's New Financial Reporting Model

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Publisher : American Institute of Certified Public Accountants (AICPA)
ISBN 13 : 9780870512872
Total Pages : 82 pages
Book Rating : 4.5/5 (128 download)

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Book Synopsis Understanding and Implementing GASB's New Financial Reporting Model by : Venita M. Wood

Download or read book Understanding and Implementing GASB's New Financial Reporting Model written by Venita M. Wood and published by American Institute of Certified Public Accountants (AICPA). This book was released on 1999-01-01 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Care Homes in a Turbulent Era

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Publisher : Edward Elgar Publishing
ISBN 13 : 1800379714
Total Pages : 459 pages
Book Rating : 4.8/5 (3 download)

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Book Synopsis Care Homes in a Turbulent Era by : Komla Dzigbede

Download or read book Care Homes in a Turbulent Era written by Komla Dzigbede and published by Edward Elgar Publishing. This book was released on 2023-08-14 with total page 459 pages. Available in PDF, EPUB and Kindle. Book excerpt: This scholarly Research Handbook captures key observations and analyses within the field of public financial management. It offers much-needed insights into possible future research ventures while presenting contemporary summaries of past studies in this ever-evolving field.

Local Government Financial Reporting

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Publisher :
ISBN 13 :
Total Pages : 132 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Local Government Financial Reporting by : Canadian Institute of Chartered Accountants

Download or read book Local Government Financial Reporting written by Canadian Institute of Chartered Accountants and published by . This book was released on 1985 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Public Financial Management

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Publisher : CRC Press
ISBN 13 : 1420004166
Total Pages : 836 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Public Financial Management by : Howard A. Frank

Download or read book Public Financial Management written by Howard A. Frank and published by CRC Press. This book was released on 2006-01-13 with total page 836 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public Financial Management covers the five major pillars of this sub-discipline of public administration: context, public finance, retirement systems, performance measurement and budgeting, and international perspectives. This text offers practitioners information valuable in their day-to-day operations, while also providing students in public adm