This course is not scheduled during the Fall 2018 semester.Click Here to see when this course is scheduled.
Students are introduced to the specialized financial accounting and reporting standards applicable to the governmental and not-for-profit sectors as well as the basic processes of business-type accounting. Students will explore financial reporting and financial statement analysis, with illustrations drawn from financial reports prepared by actual governments and not-for-profit organizations. The course will also cover the latest accounting standards issued by the standards-setting bodies (GASB and FASB). Prerequisites: ACC 101 and 102, or ACC 200; ACC 102 may be taken as a co-requisite.