ACCT 610 Governmental and Non-Profit Accounting
A study of the unique accounting standards applicable to state and local governments and non-profits. In this course students will explore the types of funds used by governmental entities, compare the governmental financials to for profit financials and discover the differences. Students will critically analyze various cities across the United States using data from each city’s CAFR. The student will discover where their city is successful and where there are areas of concern. The second portion of the course will cover non-profits and how this type of accounting differs from governments and for profit entities. The students will use data from various reports, 990’s and financial statements, to compare non-profit entities and identify the differences and what may be causing them.