The most practical, authoritative guide to governmental GAAP'Wiley GAAP for Governments 2013' 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. Designed with the needs of the user in mind, a 'New Developments' chapter keeps you informed of all the important developments in governmental GAAP during the past year. A look ahead at the status of current and future Governmental Accounting Standards Board standards and projects provides information on the very latest in standard-setting activities and covers: GASB Statement No. 63 'Financial Reporting of Deferred Outflows of Resources, Deferred Inflows of Resources, and Net Position'GASB Statement No. 64 'Derivative Instruments: Application of Hedge Accounting Termination Provisions--An Amendment of GASB Statement No. 53'GASB Statement No. 65' Items Previously Reported as Assets and Liabilities'GASB Statement No. 66' Technical Corrections--2012--An Amendment of GASB Statements No. 10 and No. 62'GASB Statement No. 67' Financial Reporting for Pension Plans--An Amendment of GASB Statement No. 25'GASB Statement No. 68' Accounting and Financial Reporting for Pensions--An Amendment of GASB Statement No. 27'Exposure Draft' Accounting and Financial Reporting for Nonexchange Financial Guarantee Transactions'Exposure Draft' Government Combinations and Disposals of Government Operations'Preliminary Views' 'Document' Recognition of Elements of Financial Statements and Measurement Approaches'Preliminary Views' 'Document' Economic Condition Reporting: Financial Projects'Latest on GASB Technical Plan'Wiley GAAP for Governments 2013' strives to be a thorough, reliable reference that you'll use constantly. It's designed to be kept on your desk rather than on your bookshelf. Governmental GAAP (Generally Accepted Accounting Principles) consists of all the promulgated accounting principles applicable to financial accounting and reporting for state and local governments. This book covers government GAAP for 2013.