ACT 441: Govern & Non-Profit Acct - spring

Prerequisite: ACT 312; Business majors only or by permission of the appropriate department chair

Exploration of the accounting principles and practices that govern non-corporate organizations ¿ including government entities, hospitals, colleges and universities, and voluntary health and welfare organizations. Fund accounting, financial reporting, budgeting, and auditing are examined within the unique regulatory and operational frameworks these organizations operate under. Partnership accounting is also covered, rounding out a comprehensive picture of business structures beyond the traditional corporate model. The platform, My Business Course, as an active learning system, is utilized throughout the course, which provides real world data analytics exercises. Students¿ ability to develop and interpret data visualizations, working with raw data, is emphasized in order to assess the government and nonprofit environment, their condition and performance over time.