This book details the Governmental Generally Accepted Accounting Principles and Reporting (GGAAP) standards for non-profit organizations as they stood in 2001. It provides a comprehensive overview of the accounting and financial reporting requirements for governmental non-profit entities, focusing on the specific pronouncements and guidelines established by the GGAAP framework in that year. The text aims to clarify complex accounting rules and ensure compliance with governmental financial reporting standards for the period.

This text is a technical reference for accounting professionals and governmental entities. Its value lies in its specific focus on the GGAAP NFP 2001 standards, providing a snapshot of accounting practices at that time. The book is likely utilized by auditors, accountants, and financial managers needing to understand or apply these particular regulations. Its reception would be measured by its accuracy and clarity in presenting these established accounting principles.