Prentice Hall

Business

Browse available resources for Accounting and Taxation:



Introduction to Government and Non-for-Profit Accounting, 5/E
Joseph R. Razek, University of New Orleans
Martin R. Ives, New York University
Gordon A. Hosch, The University of New Orleans

ISBN-10: 0130464147
ISBN-13: 9780130464149

Publisher: Prentice Hall
Copyright: 2004
Format: Cloth; 720 pp
Published: 02/07/2003

Suggested retail price: $162.20
Not available for purchase at this time.

For use in Governmental Accounting, Not-for-Profit Accounting and Public Administration courses.

Covering the essentials of fund accounting and financial reporting, this flexible book introduces the reader to the basic accounting and reporting principles at work in both governmental and not-for-profit organizations. This easy-to-read book divides most of the chapters into independent sections, which may be covered as separate units.

  • NEW - GASB Statement No. 34, the new financial reporting standard—Ch. 9 covers financial reporting in general, fund-level financial reporting, and management's discussion and analysis. Ch. 10 covers the adjustments needed to present consolidated government-wide financial statements on the economic resources measurement focus and accrual basis of accounting, as well as actual government-wide financial statements.

    • Provides many illustrations, drawn from financial statements issued by governments that have implemented the new standards earlier than required and are included to assist students in understanding the new standard.

  • NEW - Accessible Presentation of GASB No. 34—To simplify the presentation, the authors deliberately separated accounting within the funds from financial reporting. The current financial resources measurement focus and modified accrual basis of accounting continues to be used to account within the governmental-type funds and for fund level financial reporting.
  • NEW - Changes to Chapters 4-8 (which cover fund accounting) are thus limited to those concerned with the way accounting data is accumulated and reported at the fund level.
  • NEW - Up-to-date coverage of not-for-profit and hospital accounting and financial reporting (Ch. 12-13).
  • NEW - Chapter 14 on governmental and hospital financial statement analysis.

    • Practical examples show students how financial information is used.

  • Real world examples—Extensively used to show accounting and reporting in action. The financial reporting chapters are based on the financial statements of a small government—Grafton, WI—that was an early adopter of GASB Statement No. 34. Practical real-life illustrations have been added on financial reporting relative to the 9/11 disaster and social security (Ch. 2, 9-12).
  • 2 continuing problems—Appear throughout the text. Fund Accounting problems are introduced in Ch. 2 and continues through Ch. 8. Fund Accounting and financial reporting problems are covered in Chapters 9-10.

  • GASB Statement No. 34, the new financial reporting standard—Ch. 9 covers financial reporting in general, fund-level financial reporting, and management's discussion and analysis. Ch. 10 covers the adjustments needed to present consolidated government-wide financial statements on the economic resources measurement focus and accrual basis of accounting, as well as actual government-wide financial statements.

    • Provides many illustrations, drawn from financial statements issued by governments that have implemented the new standards earlier than required and are included to assist students in understanding the new standard.

  • Accessible Presentation of GASB No. 34—To simplify the presentation, the authors deliberately separated accounting within the funds from financial reporting. The current financial resources measurement focus and modified accrual basis of accounting continues to be used to account within the governmental-type funds and for fund level financial reporting.
  • Changes to Chapters 4-8 (which cover fund accounting) are thus limited to those concerned with the way accounting data is accumulated and reported at the fund level.
  • Up-to-date coverage of not-for-profit and hospital accounting and financial reporting (Ch. 12-13).
  • Chapter 14 on governmental and hospital financial statement analysis.

    • Practical examples show students how financial information is used.



 1. Government and Not-for-Profit Accounting Environment and Characteristics.


 2. The Use of Funds in Governmental Accounting.


 3. The Budgetary Process.


 4. General and Special Revenue Funds—An Introduction.


 5. General and Special Revenue Funds—Special Problems.


 6. Debt Service Funds and Capital Projects Funds.


 7. Proprietary Funds.


 8. Fiduciary Funds.


 9. Reporting Principles and Preparation of Fund Financial Statements.


10. Government-Wide Financial Statements.


11. Federal Government Accounting and Reporting.


12. Accounting for Not-for-Profit Organizations.


13. Accounting for Health Care Organizations.


14. Analysis of Financial Statements and Financial Condition.


15. Fundamentals of Accounting.

Martin Ives, MBA, CPA, CGFM, CIA, serves as the Distinguished Adjunct Professor of Public Administration at New York University's Wagner Graduate School of Public Service. Before entering the academic world, Ives was Vice Chair and Director of Research of the Governmental Accounting Standards Board, a member of the Federal Accounting Standards Advisory Board, First Deputy Comptroller of the City of New York, and Deputy Comptroller of the State of New York.

In addition to this text, Professor Ives has co-authored three books (Program Control and Audit, Financial Condition Analysis and Management, and Government Performance Audit in Action). He has also written chapters for audit and municipal finance handbooks, has authored more than 25 articles for the Government Accountants Journal, the Journal of Accountancy, the Internal Auditor, and other professional journals. In addition, he has spoken to numerous professional and civic organizations. He was founding president of the Albany chapter of the Institute of Internal Auditors and served on the governing boards of several other professional organizations.

Ives has received many honors and awards including the Public Service Award (Fund for the City of New York), the Governor Charles Evans Hughes Award (Capitol District chapter of the American Society for Public Administration), and the S. Kenneth Howard Award (Association for Budgeting and Financial Management). He has also been voted Adjunct of the Year by the students at NYU's Wagner Graduate School.

Joseph R. Razek, Ph.D., CPA (inactive), CGFM, is the Energy Accounting and Tax Conference Professor of Accounting at the University of New Orleans. A graduate of Ohio Wesleyan University, he received his master's of business administration from the University of Michigan and his doctorate from the University of Illinois. He is a certified public accountant and a certified government financial manager and has consulted for many governmental and not-for-profit organizations.

Dr. Razek has published articles in the Accounting Review, Government Accountants Journal, Accounting Historians Journal, Nonprofit World and other professional journals. He has also co-authored many chapters in governmental accounting handbooks, as well as a textbook on managerial accounting. Cited by his students as a dedicated and innovative teacher, Dr. Razek has received several teaching awards. He currently teaches courses in governmental and not-for-profit accounting and health care accounting at both the graduate and undergraduate level and is a member of the Louisiana Society of CPAs Health Care Task Force.

Gordon A. Hosch, Ph.D., CPA, CGFM, received his bachelor's degree from the University of New Orleans, a master's degree from the University of Arkansas, and his doctorate in accounting from Louisiana State University in Baton Rouge. He has served as chairman of the Department of Accountancy and is currently the KPMG Professor of Accounting and Graduate Programs Coordinator in Accounting at the University of New Orleans. He has public accounting experience with Peat, Marwick, Mitchell & Co. (now KPMG) and has served as a faculty intern with the Department of Agriculture's National Finance Center.

Dr. Hosch is a member of the Louisiana Society of CPAs Governmental Accounting and Auditing Committee. He has made presentations to various organizations including the American Society of Women Accountants, the American Software Users Group, the U.S. Navy, and the Internal Revenue Service. He received the Educator of the Year Award from the Louisiana Society of CPAs as well as numerous teaching awards, including the University of New Orleans College of Business Outstanding Alumnus Award. His publications have appeared in the Governmental Accountants Journal and other journals. In addition, he has co-authored numerous chapters in governmental accounting handbooks. He has also reviewed numerous textbooks and papers during his career.

View a Sample Chapter PDF:

Pearson Higher Education offers special pricing when you choose to package your text with other student resources. If you're interested in creating a cost-saving package for your students, contact your Pearson Higher Education representative for pricing and ordering information.

Pearson Higher Education offers special pricing when you choose to package your text with other student resources. If you're interested in creating a cost-saving package for your students contact your Pearson Higher Education representative.


Copyright ©2008 Pearson Education. All rights reserved. Legal Notice | Privacy Policy | Permissions