In a prior article, I wrote about the appeal of counting the Federal Government as a customer, because of the size of the government’s budget, as well as its creditworthiness. In that article, I ...

The Governmental Accounting Standards Board issued a new accounting statement Thursday aimed at incorporating accounting guidance issued by outside standard-setters that is applicable to state and ...

Accountants are in a unique position to help their state and local governments. Most elected officials do not have an accounting background and may not know much about finances and financial reports.

The Comptroller and Auditor General of India, K Sanjay Murthy, launched initiatives to enhance transparency in government ...

FASB is seeking feedback on whether IAS 20 represents a workable solution for improving U.S. GAAP for business entities as it relates to the accounting for government grants. Stakeholders are ...

Purpose: To provide an overview of the fundamentals for basic fund accounting and the financial reporting structure within the context of higher education accounting, Generally Accepted Accounting ...

What Is Fund Accounting? Definition, Importance and How It Works Your email has been sent Fund accounting is an accounting system that’s used by nonprofit organizations or government entities. Learn ...