Governmental Accounting refers to a type of accounting specifically designed for government entities, focusing on tracking financial activities and ensuring compliance with state and federal regulations.
Fund Accounting is a system used by nonprofit organizations, focusing on accountability over profitability. It ensures proper stewardship of financial resources in compliance with legal requirements.
Comprehensive overview of nonprofit accounting, including policies, procedures, and techniques distinct to governmental and nongovernmental units.
An in-depth look at unrestricted net assets, covering their definition, functionality, and significance within nonprofit organizations.
