SOURCE: Sage North America

Sage North America

January 26, 2011 12:04 ET

Sage Fund Accounting Software Offered to University Students Through Wiley Government and Not-For-Profit Textbook

AUSTIN, TX--(Marketwire - January 26, 2011) - Sage North America today announced that a student edition for its Sage Fund Accounting nonprofit financial management software is shipping with a new textbook, titled Government and Not-For-Profit Accounting Concepts and Practices (5th Edition). Published by John Wiley & Sons, Inc., the textbook is currently being used or evaluated by dozens of U.S. colleges and universities, including Regis University in Denver, Colo.; the University of Houston in Houston, Texas; the University of Maryland in College Park, Md.; and The University of Texas at Austin (Texas).

"The world of not-for-profit and government accounting is becoming progressively more complex, due to increasing regulation and reporting requirements," said Michael H. Granof, Ernst & Young Professor of Accounting at The University of Texas at Austin and co-author of the textbook. "Accounting software specifically developed for this type of accounting can help reduce the burden. The Sage Fund Accounting student edition practice set and program will give students real experience using a nonprofit financial management software product before they enter the workforce."

The Sage Fund Accounting student edition enables students using the Government and Not-For-Profit Accounting Concepts and Practices textbook to set up a fictional government, and then enter and post summary transactions and prepare complete sets of fund and government-wide financial statements.

"Accountants are increasingly serving the unique and growing public sector market segment and, each day, thousands of not-for-profit financial professionals rely on Sage Fund Accounting to manage their operations," said Krista Endsley, senior vice president and general manager for Nonprofit Solutions, Sage North America. "Students who are exposed to industry-leading software early in their career can gain a competitive edge for employment."

Government and Not-For-Profit Accounting Concepts and Practices is available through Wiley.com and at various university bookstores.

About Sage Fund Accounting
Available as licensed software or in a remotely hosted environment, Sage Fund Accounting is Sage North America's software for nonprofit and government financial management. First introduced in 1982, the product was developed specifically for the unique accounting and reporting challenges faced by nonprofit and government organizations, and features a unique modular architecture. Sage Fund Accounting has been honored with numerous industry awards, including four consecutive Campbell Awards from Campbell Rinker for exceptional ratings in the Nonprofit Accounting Software Survey, a nationwide survey of accounting software users.

About Sage Nonprofit Solutions
Sage Nonprofit Solutions has been serving nonprofit and governmental organizations for more than 30 years. Sage helps more than 32,000 unique not-for-profit organizations increase efficiency and more easily manage their operations through the use of technology. From fund accounting, donor and fundraising management, and fixed asset management, to online donation processing, human resources (HR), payroll, and health care, Sage offers a software product or service to meet the organization's need.

About Sage North America
Sage North America is part of The Sage Group plc, a leading global supplier of business management software and services. Sage North America employs 4,000 people and supports 3.2 million small and midsize business customers. The Sage Group plc, formed in 1981, was floated on the London Stock Exchange in 1989 and now employs 13,400 people and supports 6.3 million customers worldwide. For more information, please visit the website at www.sagenorthamerica.com.

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