A practice-approach that prepares you for professional government and nonprofit accounting. Written through the eyes of the learner, Governmental and Nonprofit Accounting prepares you for professional government, not-for-profit accounting practice, and the CPA exam. This comprehensive, up-to-date textbook covers state and local government, federal government, and not-for-profit organization accounting, financial reporting, and auditing, and prepares you well for real-world practice. The 11th Edition emphasizes that what you learn in the accounting classroom should correlate highly with what you must understand and apply on the CPA exam and as professional accountants. Its updated content reflects recent changes that have had significant impact on the world of accounting today.