ACT 119 Government and Nonprofit Accounting

This course covers accounting, auditing and financial reporting in the governmental and nonprofit areas. Presented in a building block fashion, just as students learn the material. Balances theory and practice, showing current accounting practices as well as future ones. Balanced between detail and generalization, the course gives students a sense of the practice without unnecessary detail. Topics include, The Basic Accounting Unit The Conceptional Framework for Governmental Accounting, General Accounting Practices for All Governmental Funds Major Differences in Accounting Practices, General Budgetary Procedures, Accounting for General and Special Revenue Funds, Projects Funds, Generally Accepted Accounting Practices, Debt Service Funds, Determining the Number of Debt Service Funds, General Budgeting and Accounting Practices Illustrated, Accounting for Fixed Assets and Long-Term Debt, The General Fixed Asset Account Group, General Long-Term Account Group, Overview of Proprietary Funds, Internal Service Funds, Enterprise Funds, Nonexpendable and Expendable Trusts, Agency Funds, Accounting and Reporting for Pension Trust Funds

Government and Nonprofit Accounting: Theory and Practice Patricia P. Douglas Second Edition 

ISBN: 0-03-006639-5