ACC 418 - Govt and Non-Profit Accounting, 2 credit hours

This course deals with financial accounting and reporting concepts, standards, and procedures applicable to:
1. state and local governments-including counties, cities, and school districts, as well as townships, villages, other special districts, and public authorities
2. the federal government; and
3. nonprofit and governmental universities,hospitals, voluntary health and welfare organizations, and other nonprofit (or not-for-profit) organizations.
Financial management and accountability considerations peculiar to government and nonprofit (G&NP) organizations are emphasized, and the distinctive aspects of auditing G&NP organizations are discussed.