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BACC 2558 - NON-PROFIT AND GOVERNMENTAL ACCOUNTINGMinimum Credits: 3 Maximum Credits: 3 This course focuses on financial reporting and disclosure for not-for-profit and governmental entities based on the standards and principles promulgated by the financial accounting standards board (FASB) and the governmental accounting standards board (GSAB). Students will learn how such entities prepare their financial reports and how to interpret and use such information. The course covers financial reporting for not-for-profit entities, balancing the focus on internal operations with fiduciary responsibility. In addition, the course examines the objectives of financial reporting for governmental units and the preparation and use of the financial statements for such entities. A sample of specific entities will be reviewed to illustrate the preparation and use of their financial statements. In addition, accounting software for governmental transactions will be introduced. Academic Career: Graduate Course Component: Lecture Grade Component: Grad LG/SNC Basis
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