ACTG433

Advanced Accounting II: Governmental

(4,0) 4

An introduction to governmental and nonprofit accounting as applied to state and local governments and other nongovernmental not-for-profit entities including colleges and universities, and health care organizations. Areas of study include both the source of GASB standards and statements and the application of this theory to the governmental accounting cycle. Students will also be exposed to and apply a variety of financial performance measures unique to this sector of the economy. Students will prepare a monthly transaction analysis and complete a governmental practice set. Prerequisite: ACTG233.