ACC509 Government & Not-For-Profit Accounting

This course focuses on the most important concepts, standards and procedures of accounting, financial and budgetary reporting applicable to (1) state and local governments,including counties, cities, townships, school districts, other special districts and public authorities; (2) not-for-profit organizations; (3) not-for-profit and governmental universities and hospitals; and (4) the federal government. Financial management evaluation procedures and accountability considerations peculiar to government and not-for-profit organizations are emphasize, and distinctive aspects of auditing government and not-for-profit organizations are discussed. Prerequisite: ACC 206 and Permission of Director.