ACCT4304 Governmental and Not-for-Profit Accounting

Course Description

This course includes financial reporting required by both governmental and not-for-profit non-governmental entities.

Course Credits: 3

PrerequisitesACCT 3301 and concurrent enrollment or successful completion of ACCT 3302

Student Learning Outcomes

By the end of this course, you will be able to:

  • Learn the GAAP accounting for organizational accountability and financial reporting based on GASB and FASB standards for governmental and not-for-profit non-governmental entities, both fund-based and accrual-based.
  • Understand the unique features of not-for-profit accounting and how the accounting model is adapted to provide useful information to decision-makers involved in government and not-forprofit organizations.
  • Analyze and interpret financial reports from government and not-for-profit organizations appropriately.