- February 2010
219.- Euro
2010. 802 Pages, Hardcover
ISBN-10: 0-470-39078-6
ISBN-13: 978-0-470-39078-8 - John Wiley & Sons








Detailed description
Granof's Fifth Edition is revised and updated with a new expanded TOC and added emphasis on real world applications. The text contains the latest GASB pronouncements, aiming to make students aware of the dynamism of government and not-for-profit accounting and of the intellectual challenges that it presents.

Almost all issues addressed in this text--revenue and expense recognition, asset and liability valuation, the scope of the reporting entity, reporting cash flows, etc. --have counterparts in business accounting. By emphasizing concepts, rather than rules and procedures, the text ensures that students will gain insight into how and why the issues may have been resolved either similarly or differently in the business sector. So, unlike other government and NFP accounting texts, Granof 5e is directed for both potential users and preparers of financial reports.