The most practical and authoritative guide to governmental GAAP Wiley GAAP for Governments 2015 is a comprehensive guide to the accounting and financial reporting principles used by state and local governments, as well as other governmental entities. Financial statement preparers, attestors, and readers will find its full coverage of authoritative accounting standards coupled with many examples, illustrations, and helpful practice hints, extremely useful and user-friendly. The book also contains a "New Developments" chapter, designed to keep you informed of all the important developments in governmental GAAP during the past year. It covers the status of current and future Governmental Accounting Standards Board standards and projects, and provides information on the very latest in standard-setting activities, including: Statement No. 67 Financial Reporting for Pension Plans--An Amendment of GASB Statement No. 25 Statement No. 68 Accounting and Financial Reporting for Pensions--An Amendment of GASB Statement No. 27 Statement No.

69 Government Combinations and Disposals of Government Operations Statement No. 70 Accounting and Financial Reporting for Nonexchange Financial Guarantees Statement No. 71 Pension Transition for Contributions Made Subsequent to the Measurement Date--An Amendment of GASB Statement No. 68 GASB Concept Statement No. 6 Measurement of Elements of Financial Statements Exposure Drafts on postemployment benefit plans other than pensions, pension plans not administered through trusts, fair value measurements, hierarchy for governmental GAAP and the revised implementation guide Preliminary Views on recognition and measurement approaches and financial projections Latest on GASB Technical Plan Wiley GAAP for Governments 2015 strives to be a thorough, reliable reference that you'll use constantly, and keep to hand on your desk, rather than on your bookshelf.