Essentials of Accounting for Governmental and Not-for-Profit Organizations
Publisher: McGraw-Hill/Irwin
Published: February 14, 2003
Language: eng
Number of pages: 456
ISBN-13: 9780072820379
First sentence: Governments differ from business organizations discussed in other accounting courses in that governments have no stockholders or other owners, they commonly render services with no expectation of earning net income, and they have the power to require taxpayers to support financial operations whether or not the taxpayers receive benefits in proportion to taxes paid.