ACC 635 Advanced Public Sector Accounting (3)
Provides the tools necessary for understanding the principles of fiscal accountability and reporting in governmental and non-for-profit organizations.
Pre: 415
A minimum of at least C- or better is required
Subjects:
- Sources of financial reporting standards:
- government and
- not-for-profit entities
- Defining the reporting entity:
- state and local governments,
- public corporations and
- private not-for-profit entities
- Fund accounting:
- general funds,
- special revenue funds,
- capital project funds,
- debt service funds,
- government-wide financial statements,
- government-wide disclosures,
- special assessments fund,
- internal service funds,
- enterprise funds,
- fiduciary funds, and
- inter-fund transfers involving all of the above.
- Budgeting:
- appropriations,
- program budgeting,
- cash planning,
- cash control
- Cost accounting in a governmental and not-for-profit setting:
- direct costs,
- indirect costs, and
- governmental cost accounting standards.
- Specialized accounting environments:
- college and university accounting,
- health care entities,
- voluntary health and welfare organizations,
- other non-for-profit entities,
- federal agencies.