ACC 518

Governmental and Nonprofit Accounting

This course deals with financial accounting and reporting concepts, standards, and procedures applicable to: 1. state and local governments-including counties, cities, and school districts, as well as townships, villages, other special districts, and public authorities 2. the federal government; and 3. nonprofit and governmental universities, hospitals, voluntary health and welfare organizations, and other nonprofit (or not-for-profit) organizations. Financial management and accountability considerations peculiar to government and nonprofit (G&NP) organizations are emphasized, and the distinctive aspects of auditing G&NP organizations are discussed

Units: 2.0