Accounting for Governmental and Nonprofit Entities. For almost 60 years, this book has been the market leader. It is a comprehensive governmental and not-for-profit accounting text written for students who will be auditing and working in public and not-for-profit sector entities. Originally published in 1951 and written by Professor R. M. Mikesell, this book—and the many subsequent editions revised by Professors Leon E. Hay, Earl R. Wilson, Susan C. Kattelus, and Jacqueline L. Reck—has provided generations of instructors and students with a comprehensive knowledge of the specialized accounting and financial reporting practices of governmental and not-for-profit organizations, and an understanding of how those organizations can better meet the information needs of a diverse set of financial statement users and decision makers. The vision of the original authors continues to be reflected in this 15th edition, and their strategy of providing a large and innovative set of instructional support materials prepared and tested in the classroom by the authors continues to be a guiding principle today. The current author team (Wilson, Reck, and Kattelus) brings to this edition their extensive experience teaching government and not-for-profit courses as well as unique insights gained from their scholarly writing and professional activities. The result is a relevant, well balanced, and accurate text that includes the most effective authoritative guidance and learning tools