This comprehensive guide discusses all the promulgated accounting principles applicable to financial reporting by state and local governments. It delivers a thorough analysis of GASB Statements, Interpretations, Technical Bulletins, NCGA Statements and Interpretations, and certain AICPA Statements of Position, as well as Auditing and Accounting Guides. Includes; In-depth sections on reporting government funds, proprietary and fiduciary funds; Illustrations, figures and observations to help put concepts into practice; Cross-references and detailed topical index; Peer reviewed