Financial Accounting For Local And State School Systems 1990

The 2014 edition of "Financial Accounting for Local and State School Systems" updates the 2009 (see ED505993) and 2003 editions of the handbook. The 2003 edition was the work of the NCES National Forum on Education Statistics, Core Finance Data Task Force. That task force systematically rewrote nearly the entire text, incorporating new chapters and reviewing and revising the account code structure and account code definitions. The 2009 edition of the handbook incorporated changes resulting from the issuance of GASB Statements 40 through 47. This edition incorporates changes resulting from the issuance of GASB Statements 48 through 70. Appended are: (1) Summary of Account Code Changes Since 2009; (2) Other Resources; (3) Glossary of Acronyms; (4) Illustrative Financial Statements for an Independent School District; and (5) Criteria for Distinguishing Equipment From Supply Items.