Acknowledgments

The 2014 edition of Financial Accounting for Local and State School Systems updates the 2009 and 2003 editions of the handbook. The 2003 edition was the work of the NCES National Forum on Education Statistics, Core Finance Data Task Force. That task force systematically rewrote nearly the entire text, incorporating new chapters and reviewing and revising the account code structure and account code definitions. The 2009 edition of the handbook incorporated changes resulting from the issuance of GASB Statements 40 through 47. This edition incorporates changes resulting from the issuance of GASB Statements 48 through 70.

NCES would like to thank all of the accountants and data coordinators in the state education agencies who have used previous editions of the handbook and have provided advice on improving and updating this edition. In particular, NCES would like to thank Peggy O'Guin and Christine Davis of the California State Department of Education; Su McCurdy and Janice Evans of the Iowa State Department of Education; Glenda Rader of the Michigan State Department of Education; and Vaughn Altemus of the Vermont State Department of Education.