Course Description
This course includes financial reporting required by both governmental and not-for-profit non-governmental entities.
Course Credits: 3
Prerequisites: ACCT 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.