Syllabus - Government and Not-for-Profit Accounting

MANDATORY ORIENTATION

This orientation will become available in the Blackboard course on 5/2417 and must be completed by 9 PM on 6/5/17. Students will be withdrawn from the course if they do not complete all components of the mandatory orientation by 6/5/17.

ACNT 2330 Online -- OVERVIEW

ACNT 2330 – Online Course

Basic concepts and techniques of fund accounting, financial reporting for governmental and not-for-profit entities. Accounting cycle for funds and account groups and related financial statements.
Course Fee: $50.00 Student Accident Insurance Fee: $1.00 Skills: B Prerequisites: ACCT 2302. Course Type: W

The prerequisite for ACNT 2330 is Prinicples of Accounting - Managerial (ACCT 2302 at ACC). We work with the basic accounting cycle: (1) analyze transactions, (2) prepare journal entries, (3) post journal entries, (4) prepare a trial balance, (5) prepare and post adjusting entries, (6) prepare an adjusted trial balance, (7) prepare financial statements, (8) prepare and post closing entries, and (9) prepare a post closing trial balance. Students must be comfortable with the rules of debits and credits, as well as the steps of the accounting cycle. In addition, we work with accrual accounting and financial accounting concepts.

ACNT 2330 covers generally accepted accounting principles (GAAP) for State and Local Governments (GASB) and GAAP for private Not-For-Profit entities (FASB). While we work with the accounting cycle, rules of debits/credits, and basic financial accounting concepts, it is necessary to work with new terminology and unique accounting processes/rules.

This online course has mandatory due dates which cannot be extended. To prepare for the graded labs, projects, and exams, students are asked to (1) work with text material, (2) work with narrated Power Point presentations and problems (written narration), (3) work with written notes provided by the professor, (4) work practice homework (feedback immediately provided), and (5) work multiple choice quizzes at the text website (immediate feedback provided). Students are asked to post questions/comments/concerns about technical material on the Blackboard Discussion Board. This allows the professor and class to interact to resolve any confusion on technical issues. Students are then asked to prepare labs (generally using Excel templates provided by the publisher), complete projects, and then take proctored exams at ACC or other testing centers*.

The above overview of this course requires that all students stay on schedule and have sufficient time to work with all aspects of the course. Students must be active with the Blackboard Discussion Board. *DL students who live outside the ACC service area may be able to complete course examination requirements through the Distance Testing program. Instructor pre-approval is required.

Before enrolling, make sure that this course format is right for you. If this is the right format, follow the next three steps.

Step 1: Read about Distance Learning – http://dl.austincc.edu/students/ Take the Learning Style Survey - http://dl.austincc.edu/students/SelfAssess.php

Step 2: Make sure that you have time for this course. The time commitment is about 15 – 18 hours per week. Because of the mandatory deadlines, students cannot fall behind.

Step 3: Read the course syllabus to make sure you understand how this online course works

Readings

REQUIRED TEXTBOOKS/ MATERIALS: Two books are required.

Essentials of Accounting for Governmental and Not-for-Profit Organizations, 12/e
http://highered.mheducation.com/sites/0078025818/information_center_view0/index.html

Paul A. Copley, James Madison University
ISBN: 0078025818
Copyright year: 2015

and

http://cambridgepub.com/product/book/accounting-research-3rd

professor Obligations

Austin Community College

Professor Sheila Ammons’ Obligations to Students

ACNT 1393, ACNT 2330, ACNT 2375

Item	Feedback
Academic Honesty	I expect all students to do their own work at all times. The purpose of each assignment or exam is to allow the professor to evaluate the students’ understanding of the course objectives. I will follow the course syllabus and ACC policies for academic dishonesty (stated in the ACC Student Handbook).
Assignments	Overall feedback is provided within 24 hours of the due date. It takes 24 - 72 hours to grade the papers. At that time, students will be able to view specific feedback (click on the grade). Until a paper is graded, a 'needs grading' icon will appear in the BB grade book. If there is no needs grading icon, the paper was not properly submitted. At times, students will save a paper but will not submit it. Be sure to submit the assignment before the due date. Do not submit assignments via e-mail (unless the assignment specifically states to do this). Each Blackboard lesson provides the method of submitting assignments. Use doc, docx, rtf, xls, or xlsx (no power point or pdf). Students are expected to put their name on each paper submitted for grading. Late papers are not accepted for grading.
Discussion Board	I check DB postings at least two times each day. Do not post personal messages on DB - use your ACC g-mail account. If you do not use the BB e-mail function, be sure to include the course and section number in your e-mail (using your ACC g-mail account).
BB Messages	I use this area to submit assignments and personal messages to students (students will receive an e-mail telling them to go to this Messages area). Do not use this area to send messages to me. Use ACC g-mail or the Discussion Board.
Due Dates	I will follow the syllabus guidelines for all exam and assignment deadlines. I expect all students to stay current and keep me informed of conflicts. This may not result in the extension of due dates, but I will do all I can to help students. I expect all students to understand the deadlines and submit quality work by the deadline.
e-mails	I check e-mails at least three times each day. Always use your ACC g-mail account. The best way to e-mail: Use the e-mail tab in our BB course. If you do not use this preferred method, be sure to include the course and section number in all e-mails.
Exams	Allow 48 - 72 hours for these to be graded. The ACC Accounting Department has a secure exam policy. For this reason, exams cannot be released via Blackboard. If students need to see their exams, this must be done in person at the professor's office. General feedback can be provided via the BB Messages area. Students who live within the ACC service area will take computer exams at any ACC testing center. Students who live outside the ACC service area will take a hard copy exam at the approved college or university (see the Exams area of Blackboard for more information)
Phone Calls	I focus on e-mails (always use your ACC g-mail account) and Discussion Board postings. If you need to talk to me, send an e-mail with your phone number.
Syllabus	I expect students to read and follow the course syllabus. I follow the syllabus at all times. Please do not ask me to change the syllabus policies during the semester.
Technical Support	ACC g-mail, Blackboard, ACC Online Services – Contact 512 223-4636 or helpdesk@austincc.edu (http://www.austincc.edu/help - for Live Chat access) Checkpoint, Accounting Standards Codification, or Governmental Accounting Research System – contact Professor Ammons: sammons@austincc.edu. These systems tend to be reliable. The professor will send e-mails regarding any scheduled maintenance or system issues. This is another reason to check the ACC g-mail account on a regular basis.
Withdrawals	I will follow the syllabus guidelines on withdrawing students from the course.

Course Requirements

CIP CODE AREA: 52.0301.00

COURSE LEVEL: Advanced (Junior Level)
COURSE NUMBER: ACNT 2330 (Workforce Education Course Number)
COURSE TITLE: Governmental and Not-For-Profit Accounting
CREDIT HOURS: 3; Lecture Hours: 3, Lab Hours: 1
PREREQUISITE: ACCT 2302 or equivalent
METHOD OF PRESENTATION: 3 lecture hours/1 lab hour each week - ONL students use the Internet and email to complete coursework online. Discussion boards, streaming video, and instructional software may also be incorporated. Students use their own computers or the Computer Labs on campus.

COURSE DESCRIPTION:
ACNT 2330 Governmental and Not-For-Profit Accounting (3-3-0) focuses on the development and use of financial information as it relates to governmental and not-for-profit entities. The course coverage includes identifying and applying appropriate accounting and reporting standards for governments and private not-for-profit organizations, preparing fund basis and government-wide statements for state and local governments, preparing financial statements for private not-for-profit organizations, using nonfinancial performance measures to evaluate governmental and not-for-profit entities, and describing auditing requirements for these entities.

This course is accepted by the Texas State Board of Public Accountancy as one of the 30 hours of upper division accounting courses. To be accepted, students MUST HAVE completed a minimum of a bachelor’s degree PRIOR to taking this course.

REQUIREDTEXTBOOKS/ MATERIALS: See READINGS

INSTRUCTOR INFORMATION:

Instructor	Sheila Ammons, CPA, CMA, CGFM
Phone	(512) 223-4949
e-mail	sammons@austincc.edu
Web Blackboard	http://www.austincc.edu/sammons http://acconline.austincc.edu
Office Hours	Office hours are on-line and by appointment.

ACC POLICIES:

Attendance/Class Participation Regular and punctual class and laboratory attendance is expected of all students. If attendance or compliance with other course policies is unsatisfactory, the instructor may withdraw students from the class.

Withdrawal Policy It is the responsibility of each student to ensure that his or her name is removed from the roll should he or she decide to withdraw from the class. The instructor does, however, reserve the right to drop a student should he or she feel it is necessary. If a student decides to withdraw, he or she should also verify that the withdrawal is submitted before the Final Withdrawal Date. The student is also strongly encouraged to retain their copy of the withdrawal form for their records.Students who enroll for the third or subsequent time in a course taken since Fall, 2002, may be charged a higher tuition rate, for that course.State law permits students to withdraw from no more than six courses during their entire undergraduate career at Texas public colleges or universities. With certain exceptions, all course withdrawals automatically count towards this limit. Details regarding this policy can be found in the ACC college catalog.

Incompletes An instructor may award a grade of “I” (Incomplete) if a student was unable to complete all of the objectives for the passing grade in a course. An incomplete grade cannot be carried beyond the established date in the following semester. The completion date is determined by the instructor but may not be later than the final deadline for withdrawal in the subsequent semester.

Statement on Scholastic Dishonesty A student attending ACC assumes responsibility for conduct compatible with the mission of the college as an educational institution. Students have the responsibility to submit coursework that is the result of their own thought, research, or self-expression. Students must follow all instructions given by faculty or designated college representatives when taking examinations, placement assessments, tests, quizzes, and evaluations. Actions constituting scholastic dishonesty include, but are not limited to, plagiarism, cheating, fabrication, collusion, and falsifying documents. Penalties for scholastic dishonesty will depend upon the nature of the violation and may range from lowering a grade on one assignment to an “F” in the course and/or expulsion from the college.

See the Student Standards of Conduct and Disciplinary Process.

Student Rights and Responsibilities Students at the college have the rights accorded by the U.S. Constitution to freedom of speech, peaceful assembly, petition, and association. These rights carry with them the responsibility to accord the same rights to others in the college community and not to interfere with or disrupt the educational process. Opportunity for students to examine and question pertinent data and assumptions of a given discipline, guided by the evidence of scholarly research, is appropriate in a learning environment. This concept is accompanied by an equally demanding concept of responsibility on the part of the student. As willing partners in learning, students must comply with college rules and procedures.

Statement on Students with Disabilities Each ACC campus offers support services for students with documented disabilities. Students with disabilities who need classroom, academic or other accommodations must request them through the office of Student Accessibility Services (SAS). Students are encouraged to request accommodations when they register for courses or at least three weeks before the start of the semester, otherwise the provision of accommodations may be delayed. Students who have received approval for accommodations from SAS for this course must provide the instructor with the ‘Notice of Approved Accommodations’ from SAS before accommodations will be provided. Arrangements for academic accommodations can only be made after the instructor receives the ‘Notice of Approved Accommodations’ from the student. Students with approved accommodations are encouraged to submit the ‘Notice of Approved Accommodations’ to the instructor at the beginning of the semester because a reasonable amount of time may be needed to prepare and arrange for the accommodations. Additional information about Student Accessibility Services.

Safety Statement Austin Community College is committed to providing a safe and healthy environment for study and work. You are expected to learn and comply with ACC environmental, health and safety procedures and agree to follow ACC safety policies. Additional information on these can be found at . Because some health and safety circumstances are beyond our control, we ask that you become familiar with the Emergency Procedures poster and Campus Safety Plan map in each classroom.

Additional information about emergency procedures and how to sign up for ACC Emergency Alerts to be notified in the event of a serious emergency can be found at.

Please note, you are expected to conduct yourself professionally with respect and courtesy to all. Anyone who thoughtlessly or intentionally jeopardizes the health or safety of another individual will be immediately dismissed from the day’s activity, may be withdrawn from the class, and/or barred from attending future activities.

Use of ACC EmailAll College e-mail communication to students will be sent solely to the student’s ACCmail account, with the expectation that such communications will be read in a timely fashion. ACC will send important information and will notify you of any college related emergencies using this account. Students should only expect to receive email communication from their instructor using this account. Likewise, students should use their ACCmail account when communicating with instructors and staff. Instructions for activating an ACCmail account.

Testing Center PolicyUnder certain circumstances, an instructor may have students take an examination in a testing center. Students using the Academic Testing Center must govern themselves according to the Student Guide. Use of ACC Testing Centers and should read the entire guide before going to take the exam. To request an exam, one must have:

ACC Photo ID
Course Abbreviation (e.g., ENGL)
Course Number (e.g.,1301)
Course Synonym (e.g., 10123)
Course Section (e.g., 005)
Instructor's Name

Do NOT bring cell phones to the Testing Center. Having your cell phone in the testing room, regardless of whether it is on or off, will revoke your testing privileges for the remainder of the semester. ACC Testing Center policies.

Student And Instructional Services ACC strives to provide exemplary support to its students and offers a broad variety of opportunities and services. Information on these services and support systems is available here. Links to many student services and other information can be found at Current Students. ACC Learning Labs provide free tutoring services to all ACC students currently enrolled in the course to be tutored. The tutor schedule for each Learning Lab may be found here.

For help setting up your ACCeID, ACC Gmail, or ACC Blackboard, see a Learning Lab Technician at any ACC Learning Lab.

COURSE POLICIES:
Departmental policies for Incompletes, Attendance, and Withdrawal are as follows:

Incomplete Policy: An incomplete (I) will be granted to a student in rare circumstances. Generally, to receive a grade of I, a student must have completed all examinations and assignments to date, be passing, and have personal circumstances that prevent course completion that occur after the deadline to withdraw with a grade of W.

Attendance Policy: On line class

Withdrawal Policy: The instructor may withdraw a student for lack of progress. Lack of progress includes: if the student has missed more than 2 assignments (discussion board, lab, project, etc) and has not discussed the reasons for missing with the instructor. The instructor has the right to withdraw a student who has missed more than 2 assignments without notifying the student. Thus, it is critical that students complete the assignments and keep in touch with the instructor. In addition if Exam 1 is not completed by the mandatory date (or extended date - see Due Dates for Exams - above). The last day to withdraw from this course is 7/31/17.

See Blackboard for details on all grading components.

Austin Community College policies for Academic Freedom, Scholastic Dishonesty, Student Discipline, Students with Disabilities, and Grade Changes are as follows:

Academic Freedom Statement: Each student is strongly encouraged to participate in class. In any classroom situation that includes discussion and critical thinking, there are bound to be many differing viewpoints. These differences enhance the learning experience and create an atmosphere where students and instructors alike will be encouraged to think and learn. On sensitive and volatile topics, students may sometimes disagree not only with each other but also with the instructor. It is expected that faculty and students will respect the views of others when expressed in classroom discussions.

Scholastic Dishonesty Statement: Acts prohibited by the College for which discipline may be administered include scholastic dishonesty, including but not limited to cheating on an exam or quiz, plagiarizing, and unauthorized collaboration with another in preparing outside work. Academic work submitted by students shall be the result of their thought, research or self-expression. Academic work is defined as, but not limited to tests, quizzes, whether taken electronically or on paper; projects, either individual or group; classroom presentations, and homework” (Information You Need to Know). Electronic devices may not be use for exams unless specifically authorized by the instructor. Penalties for scholastic dishonesty will depend upon the nature of the violation and may range from lowering a grade on one assignment to an F in the course and/or expulsion from this institution. Plagiarism subjects a student to a grade of F for the course. Plagiarism exists if a student changes a few words in a paper written by another student.

Student Discipline Statement: Classroom behavior should support and enhance learning. Behavior that disrupts the learning process will be dealt with appropriately, which may include having the student leave class for the rest of that day. In serious cases, disruptive behavior may lead to a student being withdrawn from the class. ACC's policy on student discipline can be found in the Information).

Students with Disabilities Statement: Each ACC campus offers support services for students with documented physical or psychological disabilities. Students with disabilities must request reasonable accommodations through the Student Accessibility Services (SAS) office on the campus where they expect to take the majority of their classes. Students are encouraged to take the necessary action three weeks before the start of the semester” (Information You Need to Know).

Students who have received approval for accommodations from the SAS office for this course are encouraged to submit the Notice of Approved Accommodations to the instructor at the beginning of the semester because a reasonable amount of time may be needed to prepare and arrange for the accommodations. For additional information, go to http://www.austincc.edu/support-and-services/services-for-students/student-accessibility-services-and-assistive-technology/.

Grade Change Policies: Click on this link to view the policy. (Information You Need to Know)

Safety Statement: Austin Community College is committed to providing a safe and healthy environment for study and work. You are expected to learn and comply with ACC's environmental, health, and safety procedures and agree to follow ACC's safety policies. Additional information - http://www.austincc.edu/ehs/.

INSTRUCTIONAL METHODOLOGY: The objectives of this course will be met by incorporating a variety of instructional methods. These include lecture, group activities, student presentations, discussion papers, Spreadsheet and word processing activities, and online research.

COURSE RATIONALE: The goals and objectives of this course prepare students for (1) completing degree requirements, (2) obtaining or improving job skills, (3) qualifying for a business or Accounting job, (4) working as an entrepreneur, (5) fulfilling personal goals, and/or (6) understanding financial statements and the basic accounting process.

GRADING SYSTEM:


Grading Components

Exams		300	60%
Projects		30	6%
Labs		100	20%
DB Postings		45	9%
Orientation		25	5%
Total		500	100%

Final Grade Determination
	A	450 - 500
	B	400 - 449
	C	350 - 399
	D	300 - 349
	F	below 300

Due Dates for Exams: An extension may be granted in the case of an emergency. If this happens: (1) contact the instructor by phone or e-mail before the exam deadline and (2) submit verification of the emergency (for example, in case of personal illness, submit a statement from the doctor which shows the period of time you are unable to attend work or school; in case of death or serious illness of a close friend or family member, submit information about the nature and location of the emergency and when you will be able to take the exam; in case of work or military orders, submit a letter from the supervisor which states the dates and location of the assignment). If the verification is submitted, one extension may be granted. If the exam is not taken by the extended due date, the student will be withdrawn from the course. Stay on schedule and complete all assignments a few days early. This allows you to meet deadlines and keep from getting behind.

No notes or texts can be used during Exams 1, 2, and 3.

Exams are taken at any of the ACC testing centers. Students who live outside the Austin area and cannot travel to an ACC Testing Center may be able to have their exams proctored at another location through the Distance Testing procedures. The required form must be sent to Sheila Ammons by the end of the first week of the semester.

The ACC Accounting Department has a secure exam policy. For this reason, exams cannot be released via Blackboard. If students need to see their exams, this must be done in person at the professor's office.

Review the student testing guidelines - http://www.austincc.edu/testctr - prior to taking the first exam.

Homework– Practice homework problems are listed in the Homework section of Blackboard. The solutions to these homework assignments are also posted in the Homework section of Blackboard. There are no course points for these assignments. The points will be earned on the related exam. Students should work the homework assignments and bring questions to the Discussion Board. Working homework is an excellent way to prepare for the exams.

The homework grades are based on Blackboard Discussion Board postings. Students must make at least one posting and must respond to at least one posting of a classmate. These postings should be substantial; reflect comments and questions about the practice homework assignments; and be completed by the due date. Discussion Board postings must be made on at least 2 separate days during the week. Points will not be awarded for late postings.

Labs– These are online labs and will be submitted via the Labs section of Blackboard. Lab assignments and instructions are located in the Blackboard course. No late labs will be accepted.

Projects -- Instructions are available on Blackboard. These will be submitted via Blackboard. Thus, no late papers will be accepted for grading.

student expectations

Austin Community College

Professor Sheila Ammons
Student Expectations

ACNT 2330

Item	Feedback
Active Learning	This online course requires your active participation each week. You must allow sufficient time to work with the Blackboard (BB) course at least 3 times each week. Work with all of the BB tools, text, publisher, research database, and other study tools each week. Do not procrastinate Ask questions via the BB Discussion Board or professor e-mail throughout the week. Seek clarification as early as possible. Provide meaningful responses to BB discussions. Understand the syllabus, due dates, BB and research database navigation, and withdrawal requirements. Students must have dependable Internet access. Students who live in the ACC service area can use computers at any ACC library.
Assignments	Submit all assignments before the posted due date. Late papers are not accepted for grading. Do not submit assignments via e-mail (unless the assignment specifically states to do this). Use doc, docx, rtf, xls, or xlsx (no power point or pdf). Each Blackboard lesson provides the method of submitting assignments Use complete sentences, proper grammar, and correct spelling. It is not necessary to type the assignment instructions. Always put your name on every paper. There will be a 10% - 30% (see the course syllabus) deduction for any paper that does not have your name on it. Do your own work. Be sure that you understand the consequences of plagiarism. Do not copy from sources – paraphrase or summarize – and make proper citations. Your work must reflect your understanding of the concepts covered Take pride in every assignment submitted. Allow sufficient time to submit quality work.
BB Messages	The professor uses this area to submit assignments and personal messages to students (students will receive an e-mail telling them to go to this Messages area). Do not use this area to send messages to the professor. Use ACC g-mail or the Discussion Board.
Curves	If an exam curve is needed, the curve will be prorated based on the percentage of assignments (covering the chapters on the exam) that were submitted on time.
Discussion Board	Make the required discussion board postings. These postings should represent substantial postings about the course material. Respond to postings of your peers. Avoid postings that simply state that you agree to a posting or ask a question that you should be able to address in some manner – ask questions but first attempt to resolve any confusion or concerns. This allows you to share your understanding and then ask for comments or clarification. Avoid waiting until the deadline to make postings. Allow time for the class and professor to respond to your postings. Allow time for you to benefit from the weekly postings Postings must be made on at least 2 separate days during the week. Do not post personal messages on DB - use your ACC g-mail account to communicate with the professor.
e-mails	Always use your ACC g-mail account. The best way to e-mail: Use the e-mail tab in our BB course. If you chose to not use this preferred method, be sure to include the course and section number in the e-mail. Check your ACC g-mail account at least three times each week. Important communications are sent via the ACC g-mail.
Exams	Allow 48 - 72 hours for these to be graded. An extension may be granted in the case of an emergency. If this happens: (1) contact the professor by phone or e-mail before the exam deadline and (2) submit verification of the emergency (for example, in case of personal illness, submit a statement from the doctor which shows the period of time you are unable to attend work or school; in case of death or serious illness of a close friend or family member, submit information about the nature and location of the emergency and when you will be able to take the quiz or exam; in case of work or military orders, submit a letter from the supervisor which states the dates and location of the assignment). If the verification is submitted, one extension may be granted. Stay on schedule and complete quizzes, exams, and other assignments a few days early. This allows students to meet deadlines and keep from getting behind. The ACC Accounting Department has a secure exam policy. For this reason, exams cannot be released via Blackboard. If students need to see their exams, this must be done in person at the professor's office. General feedback can be provided via the BB Messages area. Students who live within the ACC service area will take computer exams at any ACC testing center. Students who live outside the ACC service area will take a hard copy exam at the approved college or university (see the Exams area of Blackboard for more information) Students who live outside of the ACC service area must submit a Distance Testing Request form (see Blackboard) no later than the end of the second week of the semester. See the procedures and information in the Exams area of the Blackboard course.
Phone Calls	The professor focuses on e-mails (always use your ACC g-mail account) and Discussion Board postings. If you need to talk to the professor, send an e-mail with your phone number. If there is a problem at the testing center (site), ask the proctor to call the professor. Each testing center (site) has the professor’s cell phone number.
Withdrawal Policy	The professor may withdraw a student for lack of progress. Lack of progress includes: if the student has missed more than 2 assignments (orientation, homework, discussion board postings, project, cases lab, or any form of assignment) and has not discussed the reasons for missing with the professor. The professor has the right to withdraw a student who has missed more than 2 assignments without notifying the student. Thus, it is critical that students complete the assignments and keep in touch with the professor. See the Exams area (above and in the course syllabus) for information about extensions. Generally, more than one assignment is due each week, thus it is critical that students allow sufficient time to complete every assignment each week. No late assignments are accepted for grading. If more than two assignments are missed, and the professor has not been contacted by e-mail before the due date of the third missed assignment, the student will be withdrawn.

Course Subjects

		Grading System

ACNT 2330 Online - Summer 2017
Week	Chapter	Activity	Due Date	Points	Submission
1	1	Orientation	6/5	25	BB Orientation
5/30 - 6/3		Ch 1 DB Posting	6/5	5	BB Discussion Board
		Ch 1 Project	6/5	10	BB Weekly Activities

2	2	Ch 2 DB Posting	6/12	5	BB Discussion Board
6/5 - 6/10		Ch1/Ch2 Lab	6/12	15	BB Weekly Activities

3	3	Ch 3 DB Posting	6/19	5	BB Discussion Board
6/12 - 6/17		Lab - GASB Research	6/19	15	BB Weekly Activities

4	4	Ch 4 DB Posting	6/26	5	BB Discussion Board
6/19 - 6/24		Ch 3/4 Lab	6/26	10	BB Weekly Activities

5	Ch 1 - 4	Exam 1	7/3	100	Secure Testing Center
6/26 -7/1	5	Ch 5 DB Posting	7/3	5	BB Discussion Board
		Ch 5 Lab	7/3	10	BB Weekly Activities

6	6	Ch 6 DB Posting	7/10	5	BB Discussion Board
7/3 - 7/8		Ch 6 Lab	7/10	10	BB Weekly Activities

7	8	Ch 8 DB Posting	7/17	5	BB Discussion Board
7/10 - 7/15		Ch 8 Lab	7/17	20	BB Weekly Activities

8
7/17 - 7/22	Ch 5,6,8	Exam 2	7/24	100	Secure Testing Center

9		FASB Research Project	7/31	15	BB Weekly Activities
7/24 - 7/29		FASB Project DB Posting	7/31	5	BB Discussion Board
		IRS Non Profit Research	7/31	5	BB Weekly Activities

10	10	Ch 10 DB Posting	8/7	5	BB Discussion Board
7/31 - 8/5	10	Ch 10 Lab	8/7	10	BB Weekly Activities
31-Jul		Last Day to Withdraw
11	11/12	Ch 11/12 Lab	8/12	10	BB Weekly Activities
8/7 - 8/12

11	Ch 10 - 12	Exam 3	8/12	100	Secure Testing Center
8/7 - 8/12
			Total	500

All assignments are due no later than 9 PM on the stated due date.
Exams must be completed by the close of business of the testing facility.

Each paper submitted must have your name on it. 10% will be deducted for each occurrence. Discussion Board postings must be made on at least 2 separate days.

This schedule is subject to change.
GRADING SYSTEM:
Grading Components

Exams		300	60%
Projects		30	6%
Labs		100	20%
DB Postings		45	9%
Orientation		25	5%
Total		500	100%

Final Grade Determination
	A	450 - 500
	B	400 - 449
	C	350 - 399
	D	300 - 349
	F	below 300

Student Learning Outcomes/Learning Objectives

PROPOSED LEARNING OUTCOMES:
Knowledge: Explain generally accepted accounting principles as they apply to economic transactions of governmental and not-for-profit entities.

Skills: Identify accounting standards and procedures for governmental and non-profit entities. Apply generally accepted accounting principles in the preparation of reports for public institutions

SCANS (SECRETARY’S COMMISSION ON ACHIEVING NECESSARY SKILLS): Course SCANS Competencies for Governmental Accounting – ACNT 2330.

Go to http://www.austincc.edu/accting/Scans.php for a complete definition and explanation of SCANS. This list summarizes the SCANS competencies addressed in this particular course.

INTERPERSONAL

2.1 Participates as a Member of a Team

2.2 Teaches Others

INFORMATION

3.2 Organizes and Maintains Information

3.3 Uses Computers to Process Information

BASIC SKILLS

6.2 Writing

6.6 Speaking

TECHNOLOGY

5.2 Applies Technology to Task:

THINKING SKILLS

7.2 Decision Making

7.3 Problem Solving

PERSONAL QUALITIIES

8.1 Responsibility

COURSE OBJECTIVES:

Essetntials of Accounting for Governmental and Not-for-Profit Organizations

Ch 1

Obtain an overview of financial reporting for nonbusiness entities.
Distinguish between private and public sector organizations.
Identify the sources of authoritative accounting standards for various public and private sector organizations.
Define the 11 fund types used by state and local governments.

Ch 2

Obtain an overview of the contents of a governmental financial report.
Define the governmental reporting entity.
Illustrate the basic financial statements for a state or local government.

Ch 3

Describe the basic accounts used by governmental funds.
Identify the recognition criteria for revenues and expenditures under the modified accrual basis.
Apply fund balance classifications for governmental funds.
Prepare journal entries for the expenditures cycle using both budgetary and activity accounts.

Ch 4

Apply the modified accrual basis of accounting in the recording of typical transaction of a General or special revenue fund.
Prepare closing entries and classify fund balances.
Prepare the fund- basis financial statements for a General or special revenue fund.

Ch 5

Apply the modified accrual basis of accounting in the recording of typical transactions of capital projects, debt service, and permanent funds.
Prepare the fund- basis financial statements for a governmental funds.

Ch 6

Apply the accrual basis of accounting in the recording of typical transactions of internal service and enterprise funds.
Prepare the fund- basis financial statements for proprietary funds.
Identify when an activity is required to be reported as an enterprise fund.
Contrast statements of cash flow prepared under GASB guidelines with those prepared under FASB guidelines.

Ch 8

Perform the steps necessary to prepare government- wide financial statements, including:
Prepare worksheet entries to convert the governmental fund records to the economic resources measurement focus and the accrual basis of accounting.
Prepare worksheet entries to include internal service funds with governmental activities.
Prepare required schedules reconciling the government- wide and fund-basis financial statements.
Record events and transactions related to general fixed assets and general long- term debt and describe required schedules related to long- term debt.

Ch 9

Describe characteristics of special-purpose entities and identify the required financial statements of varying types of special-purpose entities
Apply the accrual basis of accounting in the recording of typical transactions of a public college or university.
Prepare the financial satements for a public college or university.

Ch 10

Describe characteristics of private not- for- profit organizations and the accounting for contributions.
Apply the accrual basis of accounting in the recording of typical transactions of private not- for- profit organizations.
Prepare the financial statements for private not- for- profit organizations.

Ch 11

Apply the accrual basis of accounting in the recording of typical transactions for private not- for- profit colleges and universities.
Prepare the financial statements for private not-for-profit colleges and universities.

Ch 12

Describe the reporting requirements of varying types of health care organizations.
Apply the accrual basis of accounting in the recording of typical transactions of a not- for- profit health care organization.

Skills for Accounting Research FASB Codification & eIFRS Text & Cases, 3e:

Chapter	Objectives
1	Identify parties who perform accounting research, and understand circumstances in which accounting research is required Understand that different standards apply to different research environments Identify key standard setters involved in establishing U.S. accounting guidance
2	Describe the purpose of the Codification, and the meaning of authoritative Identify standard setters that have contributed to the current body of authoritative guidance Understand the organization of guidance within the Codification Perform effective Browse searches within the Codification Search the Codification using other methods, including the keyword search feature, the Master Glossary, and the Cross Reference feature Differentitate between existing versus pending content, and understand how to interpret transition date guidance
10	Understand the environment of governmental financial reporting, including circumstances in which state and local government financial statements may be required Research and apply guidance applicable to state and local governments, particularly within the GASB Codification Become familiar with several industry accounting resources, including professional organizations and standards

Last Updated: 4/27/17

Syllabus Sections

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Government and Not-for-Profit Accounting

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