Governmental GAAP Guide (2027)

Eric S. Berman, MSA, CPA, CGMA (Author)

ISBN: 9780808062066

Published: July 8, 2026

Format: Softcover

Language: English

Publisher: Wolters Kluwer (CCH)

Description

The Governmental GAAP Guide (2027) is the single-volume reference finance professionals use to prepare and audit the basic external financial statements of state and local governments. It restates GASB Statements, Interpretations, Technical Bulletins, and applicable NCGA pronouncements in plain English, cross-referenced to the original paragraphs, so preparers can move directly from a technical question to a usable answer.

Key Features

• Consolidates every currently effective GASB Statement, Interpretation, and Technical Bulletin in one volume
• "Observations" throughout the text flag practical interpretation points auditors and controllers frequently ask about
• Cross-references every topic to the pertinent paragraphs of the original pronouncements for fast primary-source lookup
• Tracks current GASB projects, including the financial reporting model re-examination and revenue/expense recognition principles

Coverage

Covers the full governmental GAAP framework built on GASB-34's basic financial statements and Management's Discussion and Analysis model, plus selected AICPA Audit and Accounting Guide concepts as they apply to governmental entities. Designed to be used alongside the Governmental GAAP Practice Manual and the Governmental GAAP Update Service for firms running a standing governmental audit practice.

About the Authors

Eric S. Berman, MSA, CPA, CGMA, serves on the Association of Government Accountants' Finance and Budget Committee and is the AGA's national Treasurer-Elect. He previously represented the AGA as Vice Chairman of the Government Accounting Standards Advisory Council to the GASB, chaired the AGA's Audit Committee, and sits on GASB task forces reexamining the state and local government financial reporting model. He is also a former member of the AICPA's State and Local Government Expert Panel.

Table of Contents

Governmental accounting principles and the GASB-34 reporting model · Basic financial statements and Management's Discussion and Analysis · GASB Statements, Interpretations, and Technical Bulletins by topic · Applicable NCGA Statements and Interpretations still in effect · Related AICPA Audit and Accounting Guide concepts · Current GASB standard-setting projects, including the financial reporting model and revenue/expense recognition reexaminations.

Why buy this book?

Governmental accounting runs on a different rulebook from commercial GAAP, and firms that serve municipalities, school districts, or state agencies need a reference that speaks that rulebook fluently. This Guide lets an auditor or government finance officer confirm a GASB-34 presentation question, check whether a pronouncement is still in effect, or brief a client on an upcoming reporting model change — all from one indexed volume instead of hunting through individual GASB releases. For firms building or maintaining a public-sector audit practice, that consistency is what keeps engagement quality high and turnaround times short across every governmental client on the roster.

Keywords

governmental GAAP, GASB standards, state and local government accounting, public sector audit, GASB-34, government financial reporting

Target Audience

Accountants, Auditors, Financial regulators

Genre

Accounting, Economy, Finance

Q&A

What does the Governmental GAAP Guide (2027) cover?
It covers the GASB Statements, Interpretations, and Technical Bulletins that govern financial reporting by state and local governments, restated in plain English with citations to the original pronouncements.

Who is the Governmental GAAP Guide written for?
Auditors, accountants, and finance officers who prepare or review financial statements for state and local government entities.

Does it cover the GASB-34 reporting model?
Yes — it explains the basic financial statements and Management's Discussion and Analysis requirements established under GASB-34 in detail.

Is this Guide useful for tracking upcoming GASB changes?
Yes — it discusses current GASB projects, including the reexamination of the financial reporting model and revenue/expense recognition principles.

Can this Guide be used alongside other CCH governmental titles?
Yes — it is designed as a companion to the Governmental GAAP Practice Manual and the Governmental GAAP Update Service.

Where can I buy the Governmental GAAP Guide (2027)?
Through CLNZ Books, with worldwide shipping and secure payment by card, PayPal, or bank transfer.

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