Students learn the specialized accounting principles, concepts, and practices of accounting for state and local governments and other not-for-profit organizations. Recording assets, liabilities, equity, revenues, and expenditures and analyzing and interpreting financial statements for governmental and nonprofit entities, including voluntary health and welfare agencies, hospitals, colleges and universities, and religious organizations is covered. Students also study the role and process of budgeting.
Prerequisites
ACC100: Survey of Accounting or permission of instructor
Semester Offered
Spring