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Catalog Course Search Details

 Course Title:   Governmental Accounting

 Title Abbreviation:   GOVERNMENTAL ACCOUNTING

 Department:    ACCT

 Course #:    159

 Credits:    5

 Variable:     No

 IUs:    5

 CIP:    520301

 EPC:    n/a

 REV:    2014


 Course Description  

Essentials of accounting for governmental and not-for-profit organizations. Introduction to budgeting, accounting, and reporting systems (BARS).

 Prerequisite  

Prerequisite: OFTEC 145 and 146 or ACCT& 201.

Additional Course Details

Contact Hours (based on 11 week quarter)

Lecture: 55

Lab: 0

Other: 0

Systems: 0

Clinical: 0


Intent: Distribution Requirement(s) Status:  

Academic Required for ATA degree, Elective  

Equivalencies At Other Institutions

Other Institution Equivalencies Table
Institution Course # Remarks
N/A

Learning Outcomes

After completing this course, the student will be able to:

  1. Analyze and record transactions for government and not-for-profit organizations.
  2. Prepare financial statements for government and not-for-profit organizations.

General Education Learning Values & Outcomes

Revised August 2008 and affects outlines for 2008 year 1 and later.

2. Critical Thinking

Definition: The ability to think critically about the nature of knowledge within a discipline and about the ways in which that knowledge is constructed and validated and to be sensitive to the ways these processes often vary among disciplines.

Outcomes: Students will be able to . . .
2.1 Identify and express concepts, terms, and facts related to a specific discipline.
2.3 Identify, interpret, and evaluate pertinent data and previous experience to reach conclusions.

8. Mathematical Reasoning

Definition: Understanding and applying concepts of mathematics and logical reasoning in a variety of contexts, both academic and non-academic.

Outcomes: Students will be able to . . .
8.3 Interpret information and reasoning expressed mathematically (for example in spreadsheets, diagrams, charts, formulas, etc.).

Course Contents

  1. The framework for accounting and financial reporting for governmental and not-for-profit organizations.
  2. General funds and special revenue funds-budgetary accounting.
  3. General funds and special revenue funds-illustrative transactions and financial statements.
  4. Capital projects funds
  5. Debt service funds.
  6. The account groups.
  7. Proprietary funds.
  8. Interfund transactions; financial reporting for sate and local governmental units.
  9. Accounting for hospitals and other health care providers.
  10. Accounting for other non-profit organizations.