Government & Not-for-profit Accounting
Study of the unique aspects of accounting and financial reporting for governmental and not-for-profit organizations. Topics include uses of fund accounting and budgeting in governmental entities; conceptual reporting issues for state and local governments; and accounting and financial reporting for governmental and non-governmental not-for-profit organizations, including hospitals, universities, and voluntary health and welfare organizations. Coverage includes the characteristics, terminology, structure, and regulatory reporting unique to not-for-profit accounting, and the analysis and interpretation of financial statements of such governmental and not-for-profit entities. 3 Credits (3 Lecture) Prerequisite(s): ACC113.