ACCT 450 Accounting for Not-For-Profit Organizations

This course expands student's accounting knowledge by introducing students to the importance of government and not-for-profit accounting and the challenges that it presents. The course emphasizes the reporting requirements of the Governmental Accounting Standards Board (GASB) for state and local government, the Federal Accounting Standards Advisory Board (FASAB) for the federal government, and the Financial Accounting Standards Board (FASB) for the private sector, including not-for profits. The course develops an awareness of the issues surrounding government and not-for-profit accounting, the reasons behind them, their strengths and limitations, and possible alternatives.




ACCT 331