The focus of Copley's Essentials of Accounting for Governmental and
Not-for-Profit Organizations, 14th edition is on the preparation of
external financial statements which is a challenge for governmental
reporting. Consistent with previous editions, the new 14th edition
is best suited for instructors wanting to provide students with
more concise coverage of the material with an approach similar to
that used in practice. Specifically, day to day events are recorded
at the fund level using the basis of accounting for fund financial
statements. Governmental activities are recorded using the modified
accrual basis. The fund-basis statements are then used as input in
the preparation of government-wide statements. The preparation of
government-wide statements is presented in an Excel worksheet.
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