The most practical, authoritative guide to governmental GAAPWiley GAAP for Governments 2004 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 of the important developments in governmental GAAP during the past year. A look ahead to 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. 40 Deposit and Investment Risk DisclosuresGASB Statement No. 41 Budgetary Comparison Schedules-Perspective DifferencesGASB Technical Bulletin No. 2003-1 Disclosure Requirements for Derivatives Not Reported at Fair Value on the Statement of ActivitiesGASB Exposure Draft Financial Reporting for Postemployment Benefit Plans Other Than Pension PlansGASB Exposure Draft Accounting and Financial Reporting by Employers for Postemployment Benefits Other Than PensionsGASB Statement No. 42 Accounting and Financial Reporting for Impairment of Capital Assets and for Insurance RecoveriesGASB Exposure Draft Economic Condition Reporting: The Statistical SectionThe latest GASB projects on pollution remediation liabilities, tobacco settlement accounting, and derivatives and hedging accountingHere are some other highlights of Wiley GAAP for Governments 2004: A streamlined format helps readers find what they need to know quicklyA comprehensive financial statement disclosure checklist assists preparers and attestors in confirming that their disclosures are completeNew accounting standards, including GASB 34, are fully integrated into the text, and examples are provided in the related chaptersWiley GAAP for Governments 2004 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. A practical application guide to ensure governmental GAAP compliance In applying Governmental GAAP (Generally Accepted Accounting Principles), state and local government officials face a potential maze of complexity. Wiley GAAP for Government 2004 addresses the latest material from the Government Accounting Standards Board and AICPA in straightforward language for practical application. Coverage includes much-needed analysis and clarification of statements, interpretations, and technical bulletins, as well as special consideration of school districts, public authorities, and individual pension plans. Written for use by practitioners, this book represents an up-to-date companion for implementing these new accounting pronouncements. Warren Ruppel is the assistant comptroller responsible for the accounting and financial reporting for one of the largest cities in the country.