Elements of Accounting and Financial Management in the Government of Canada

About the Book

. Alphabetical appendix, bibliography and glossary of terminology . Defining delegated authority and exercising its power in the government of Canada . The history of accounting and the definition of GAAP . Pivotal individuals and organizations in the Canadian government . Budgetary control at three levels and classification and coding . The theory of accounting, the accounting cycle and the use of accounts . Analyzing, journalizing, and posting business transactions . Routine checks of arithmetical accuracy and accrual accounting versus appropriation accounting . Closing the ledger and the financial statements . Banking activities and payroll accounting . Processing cash payments and receipts . Processing purchases of merchandise and sales on credit . End-of-period adjustments and completing the accounting cycle . Financial analysis and selected unusual topics . Case studies, problems, projects, quizzes and their suggested solutions

About the Author

A retired professional accountant, Glyden O. Headley taught and practiced accountancy for more than 30 years in education, government and private industry. His previous employers their hosted company headquarters and operations in Canada, the Caribbean, Latin America, South America, the United Kingdom and the United States of America. Educated primarily in the Caribbean and England, Mr. Headley held membership in such accounting bodies as the Chartered Institute of Management Accountants and the Society of Management of Accountants of Canada.