ERIC Number: ED208534
Record Type: Non-Journal
Publication Date: 1980-Jun
Reference Count: N/A
Financial Accounting for Local and State School Systems.
Barr, Richard H.
The primary purpose of this handbook is to reflect changes that have occurred in governmental accounting and educational finance since 1973. Major emphasis is placed on defining account classifications that provide meaningful financial management information. After describing the need for and advantages of a proposed account classification system, defining the system's framework envisioned in the coding structure, and clarifying the multiple uses to be made of the coding structure, the publication discusses the implementation of the account classification system and cost accounting for educational programs. The publication's content and format are based on the double-entry and accrual or modified-accrual basis of accounting. However, an appendix identifies the additional classifications needed to operate on a single-entry set of records and needed to provide the balance sheet accounts most frequently used in a cash-basis/double-entry system. The use of the classifications and definitions in this handbook, claims the author, will enhance the comparability of recorded and reported financial information at the local, state, and federal levels. (Author/IRT)
Descriptors: Budgeting, Classification, Elementary Secondary Education, Guidelines, Program Implementation, School Accounting, Specifications
Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402 (Stock No. 065-001-00087-3; $6.50).
Publication Type: Guides - Non-Classroom
Education Level: N/A
Authoring Institution: National Center for Education Statistics (ED), Washington, DC.