BUS 437 - Governmental Accounting

Unit(s): 4

This course deals with intricacies and peculiarities of fund accounting as it relates to governmental units, including preparing and recording the budget, the use of the encumbrances accounting, and the year-end closing of the budgetary accounts. Students will be exposed to GASB (Government Accounting Standards Board) standards, governmental financial statement requirements, and learn the different objectives and purposes of financial statements for nonprofit versus profit entities.

Grading: GRD
Prerequisite(s): BUS 330A.
Teaching Mode: Taught in face-to-face, hybrid and online modes.