ACC 635 Advanced Public Sector Accounting (3)

Course Prefix
ACC
Course Number
635

Course Title

Advanced Public Sector Accounting

Credit Hours

3

Teaser

Provides the tools necessary for understanding the principles of fiscal accountability and reporting in governmental and not-for-profit organizations. Pre: 415 or 582 with C- or better, or consent.

Body

Subjects:

  • Sources of financial reporting standards:
    • Government and
    • Not-for-profit entities
  • Defining the reporting entity:
    • State and local governments,
    • Public corporations and
    • Private not-for-profit entities
  • Fund accounting:
    • General funds,
    • Special revenue funds,
    • Capital project funds,
    • Debt service funds,
    • Government-wide financial statements,
    • Government-wide disclosures,
    • Special assessments fund,
    • Internal service funds,
    • Enterprise funds,
    • Fiduciary funds, and
    • Inter-fund transfers involving all of the above.
  • Budgeting:
    • Appropriations,
    • Program budgeting,
    • Cash planning,
    • Cash control
  • Cost accounting in a governmental and not-for-profit setting:
    • Direct costs,
    • Indirect costs, and
    • Governmental cost accounting standards.
  • Specialized accounting environments:
    • College and university accounting,
    • Health care entities,
    • Voluntary health and welfare organizations,
    • Other non-for-profit entities,
    • Federal agencies.