GOVERNMENT AND FUND ACCOUNTING

Catalog description

This course will provide a comprehensive knowledge of the specialized accounting principles and financial reporting requirements of governments, colleges & universities, health-care organizations, and other not-for-profit entities. Students will be provided with a sound foundation of fund accounting that they can use to audit, work with or serve on boards of public and not-for-profit entities. Moreover, students will learn how to identify and apply the appropriate and reporting standards prescribed by the Federal Accounting Standards Advisory Board (FASAB); Governmental Accounting Standards Board (GASB); and the Financial Accounting Standards Board (FASB). The use of computer technology and the concept of ethics and its role in accounting will emphasized throughout this course.