We investigate whether aggressive tax planning firms have a less transparent information environment. Although tax planning provides expected tax savings, it can simultaneously increase the financial complexity of the organization. And, to the extent that this greater financial complexity cannot...

This Handbook is a comprehensive anthology of up-to-date chapters contributed by current researchers in budget forecasting. Editors Daniel Williams and Thad Calabrese had previously found substantial deficiencies in public budgeting forecast literature with current research failing to address...

The government and not-for-profit environment -- Fund accounting -- Issues of budgeting and control -- Recognizing revenues in governmental funds -- Recognizing expenditures in governmental funds -- Accounting for capital projects and debt service -- Capital assets and investments in marketable...

This chapter examines a growing phenomenon in pension funding in which jurisdictions enact a new selective tax or fee, or increase an existing one, to reduce unfunded pension liabilities. Selective sales tax refers to a sales tax confined to a particular commodity or a limited number of...

In 'Nonprofit Finance: A Synthetic Review' Thad D. Calabrese reviews the current state of research on nonprofit finance. The book comprehensively addresses core finance topics with a focus on those issues that differentiate nonprofit finance from traditional finance. Topics include the financial...

"The objectives of this, the ninth edition of Government and Not- for- Profit Accounting: Concepts and Practices, remain unchanged from those of the previous editions. Above all, the text aims to make students aware of the dynamism of government and not- for- profit accounting and of the...