Course Catalog Information (24-25)
ACCT 75
Accounting for Government and Nonprofit Entities
Course Description
This course presents the characteristics and principles of the financial policies and procedures followed by state, county, and municipal governments, as well as public and private universities, hospitals, and certain nonprofit organizations. Emphasis will be placed on the importance to governmental agencies of properly discharging their responsibilities to taxpayers. These responsibilities include the proper accounting for and budgeting of tax and related revenues and expenditures. The course will also emphasize the importance to nonprofit entities of meeting the financial reporting and management needs of various stakeholders such as donors, service providers and recipients, community members, and regulatory agencies. Funds, fund accounting, and the newest GASB and FASB pronouncements relating to accounting for governmental and nonprofit entities are also presented.
Student Learning Outcomes
- Demonstrate knowledge of the accounting cycle from transactions through financial statement preparation and analysis for governmental and nonprofit organizations.
Course Details
- Units
- 5 Units
- Hours
- Weekly Lecture Hours: 5
- Weekly Lab Hours: 0
- Gen Ed
- Non-GE Class
- Program Status
- Program Applicable
- Credit
- Credit - Degree Applicable
- Transferability
- Transferable to CSU only
- Grading Method
- Letter Grading
Requisite and Advisory
- Prerequisite(s)
- ACCT 1B or ACCT 1BH
- Advisory(ies)
- ACCT 1C or ACCT 1CH
- Corequisite(s)
Limitations on Enrollment and Entrance Skills
- Limitation(s) on Enrollment
- .