BA 240 Governmental/Non-Profit Accounting 1

Lecture Hours: 4
Credits: 4

Considers budgets, accounting for general funds, special revenue funds, revenue accounting, expenditure accounting, capital projects funds, debt service funds, special assessment funds, enterprise funds, capital assets, and summary of funds and groups. Includes comprehensive study of accounting for state and local governmental and non-profit entities.

Prerequisite: BA 211Z with a grade of C or better; or consent of instructor.
Student Learning Outcomes:

Account for general funds and special revenue funds.
Perform accounting for capital projects funds, debt service funds, trust and agency funds, internal service funds, special assessment funds, and enterprise funds.
Prepare fund financial statements.

Content Outline

Fundamentals of Accounting
Environment and Characteristics
Funds in Government Accounting
Introduction to General and Special Revenue Funds
Debt Service and Capitol Project Funds
Proprietary Type Funds
Fiduciary Funds and Special Assessment Accounting
Reporting Principles and Preparation of Fund Financial Statements
Government-Wide Financial Statements
Analysis of Governmental Financial Performance