ACCT 2863 Fund / Non-Profit Accounting
Course Information
| Course Number | ACCT 2863 |
|---|---|
| Course Title | Fund / Non-Profit Accounting |
| Description | This course will assist students in gaining a working knowledge of accounting and financial reporting currently recommended for state and local government entities, colleges and universities, and other not-for-profit organizations. Topics covered include the objectives of fund accounting, the general funds, fiduciary funds, debt funds, capital project funds, and the proper reporting of the fund activities in a financial statement format. The prerequisite for this course is ACCT1811, or the equivalent as deemed by the instructor. |
| Total Credits | 3 |
| Total Hours | 48 |
| Instruction Type | Credits and Hours |
|---|---|
| Lecture | 3 Credits, 48 Hours |
Pre/Corequisites
None
Institutional Core Competencies
- Critical and Creative Thinking - Students will be able to demonstrate purposeful thinking with the goal of using a creative process for developing and building upon ideas and/or the goal of using a critical process for the analyzing and evaluating of ideas.
Course Competencies
- Describe differences of accounting and financial accounting for business entities and for-profit entities
- Describe financial reporting for state and local governments
- Illustrate budgetary accounting for the general and special revenue funds
- Illustrate accounting for general and special revenue funds
- Illustrate accounting for capital project, debt service and other permanent funds
- Illustrate accounting for proprietary funds
- Illustrate accounting for fiduciary funds and interfund transactions
- Convert fund financial records to government-wide financial statements
- Illustrate accounting for not-for-profit organizations
- Illustrate accounting for hospitals and other health care providers
SCC Accessibility Statement
South Central College strives to make all learning experiences as accessible as possible. If you have a disability and need accommodations for access to this class, contact the Academic Support Center to request and discuss accommodations.
North Mankato: Room B-132, (507) 389-7222; Faribault: Room A-116, (507) 332-7222.
Additional information and forms can be found at: southcentral.edu/disability
This material can be made available in alternative formats by contacting the Academic Support Center at 507-389-7222.