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Now in a second edition, Federal Accounting Handbook is the handbook that every financial federal employee can use, covering all of the recent revisions including new FASAB standards and how Congress wants the intent and objectives of the Sarbanes-Oxley Act to be implemented by federal departments and agencies. Written for both the professional and the non-professional, this handbook equips you with the what, why, when, and how of federal financial management,
- Sales Rank: #1005043 in Books
- Published on: 2006-10-27
- Released on: 2006-10-09
- Original language: English
- Number of items: 1
- Dimensions: 9.23" h x .84" w x 7.56" l, 1.49 pounds
- Binding: Paperback
- 376 pages
Review
"…is crucial not just for federal financial employees, but also for financial types at hundreds of thousands of nonprofits, government contractors and more." (Accounting Today, February 2007)
From the Back Cover
Every day, tens of thousands of people are involved in the financial management of the federal government—planning, budgeting, accounting, processing, and reporting. Hundreds of thousands more deal with the federal government through their work with local and state governments, the public sector, and nonprofit organizations. Likewise, federal contractors, subcontractors, and grantees are responsible for accurately accounting for and reporting on their use of federal funds. Every one of these professionals needs to understand and abide by the federal accounting principles and procedures currently accepted and practiced, most of which are not necessarily the generally accepted accounting principles of the private sector, nonprofit sector, or other levels of government.
Now in a second edition, Federal Accounting Handbook is the handbook that every financial federal employee can use, covering all of the recent revisions including new FASAB standards and how Congress wants the intent and objectives of the Sarbanes-Oxley Act to be implemented by federal departments and agencies. Written for both the professional and the non-professional, this handbook equips you with the what, why, when, and how of federal financial management, including:
- Financial Management Legislation and Policy
- The Chief Financial Officers Act of 1990
- Federal Accounting Standards Advisory Board Pronouncements
- Office of Management and Budget Circulars and Bulletins
- The Federal Budget
- Accounting Events of the Federal Government
- Federal Financial and Information Systems
- Assets, Liabilities, and Net Entity Position
- Non-Appropriated Fund Activities
- Costing Federal Entities, Programs, and Activities
- And much more
ESSENTIAL INFORMATION FOR:
- Federal accountants, budget officials, directors, and the staffs of chief financial officers, inspectors general, and internal auditors
- All CPAs, CGFMS, and CFAs
- Federal consultants, contractors, and grantees
- Professionals aspiring to credentials
- Anyone doing business with the federal government
Also available:
- Federal Government Auditing: Laws, Regulations, Standards, Practices, and Sarbanes-Oxley
- OMB Circular A-123 and Sarbanes-Oxley: Management's Responsibility for Internal Control in Federal Agencies
- Wiley GAAP for Governments 2006
About the Author
CORNELIUS E. TIERNEY, CPA, CGFM, is a Director with Kearney & Company, and is the author or coauthor of twelve books on governmental accounting and auditing. He served as the chairman and national director of Ernst & Young's public sector accounting and auditing practice for nearly twenty-five years, and was an original member of the Federal Accounting Standards Advisory Board.
EDWARD F. KEARNEY, CPA, CGFM, is the Managing Partner of Kearney & Company. He is a former senior manager of Arthur Young & Company (a predecessor firm to Ernst & Young) and a former officer of a public company listed on the New York Stock Exchange. He also worked for the Department of Housing and Urban Development as an auditor and accountant.
ROLDAN FERNANDEZ, CPA, CGFM, is a Senior Partner with Kearney & Company. He is a former principal of Arthur Young & Company and the former chief financial officer of a public company listed in the New York Stock Exchange. He has over twenty-five years of diversified experience in all facets of financial management in both the public and private sectors.
JEFFREY W. GREEN, CPA, is a Senior Partner with Kearney & Company with more than nineteen years of experience. He is responsible for federal audit engagements and internal control projects covered under the rules of OMB Circular A-123. He is a recent recipient of the Northern Virginia Association of Government Accountants' (AGA) Federal Financial Partnership Award.
KEARNEY & COMPANY is a certified public accounting (CPA) firm that provides audit, accounting, and consulting services to the federal government. Additional details on Kearney & Company can be found on the Web at www.kearneyco.com.
All are also coauthors of Federal Government Auditing: Laws, Regulations, Standards, Practices, and Sarbanes-Oxley and OMB Circular A-123 and Sarbanes-Oxley: Management's Responsibility for Internal Control in Federal Agencies.
Most helpful customer reviews
6 of 6 people found the following review helpful.
Handbook Review
By Pete Rose
This should be considered the definitive reference for understanding accounting practices in the federal government. It not only provides specific examples on the accounts needed for many transactions, it also provides a history of how accounting practices have evolved in the federal government. Anyone who needs to have an understanding of federal accounting needs this book as a reference.
1 of 1 people found the following review helpful.
I don't dislike anyone enough to require this reading.
By Cuz
A really mean person made me read this. I would have rather went to jail. That being said, it is valuable information. Good reference to keep at work.
0 of 0 people found the following review helpful.
It's Okay
By Larry L. Ruwe
Not exactly what I thought it would be.
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