Catalog Course Search Details

 Department:    ACCT

 Course #:    159

 Credits:    5

 Variable:     No

 IUs:    5

 CIP:    520301

 EPC:    n/a

 REV:    2024

 Course Description  

Essentials of accounting for governmental and not-for-profit organizations. Introduction to budgeting, accounting, and reporting systems (BARS).

 Prerequisite  

Prerequisite: OBT 145 and OBT 146 or ACCT& 201 with a "D" or higher.

Contact Hours (based on 11 week quarter)

Lecture: 55

Lab: 0

Other: 0

Systems: 0

Clinical: 0

Intent: Distribution Requirement(s) Status:  

Academic Required for ATA degree, Elective  

Equivalencies At Other Institutions

Learning Outcomes

After completing this course, the student will be able to:

1. Analyze and record transactions for government and not-for-profit organizations.
2. Prepare financial statements for government and not-for-profit organizations.

General Education Learning Values & Outcomes

Revised August 2008 and affects outlines for 2008 year 1 and later.

Course Contents

1. The framework for accounting and financial reporting for governmental and not-for-profit organizations.
2. General funds and special revenue funds-budgetary accounting.
3. General funds and special revenue funds-illustrative transactions and financial statements.
4. Capital projects funds
5. Debt service funds.
6. The account groups.
7. Proprietary funds.
8. Interfund transactions; financial reporting for sate and local governmental units.
9. Accounting for hospitals and other health care providers.
10. Accounting for other non-profit organizations.