Calumet College of St.
Joseph
SYLLABUS FOR
GOVERNMENT & NOT-FOR- PROFIT ACCOUNTING
Term: Summer, 2002
(023) April 29 – July 29, 2002
Course Number: ACC
496X
Instructor: Mr. George Grzesiowski
Office Phone: 219 473-4283
E-mail: ggrzesiowski@ccsj.edu
Home Phone: (219) 362-1696 grzz@csinet.net
Office Hours:
Summer
by appointment
Course Time:
Monday 7:00 –
10:00PM
This course will acquaint the student with accounting theory and principles for non-profit entities, governmental entities, schools and hospitals. The course examines the differences between for-profit and not-for-profit accounting concepts.
Prerequisite: ACC 210-211 or BUS 300
Textbooks:
Accounting
for Governmental and Nonprofit Entities; 12th
edition, Wilson, Kattelus, Hay,
McGraw-Hill/Irwin, 2001
Since
your learning is my primary concern, it is imperative that anything preventing
you from learning be discussed. Please
feel free to make an appointment with me or call me so that I can help you keep
on track.
Statement of Plagiarism:
If
an instructor or other Calumet College of St. Joseph personnel find that a
student has plagiarized or been involved in another form of academic
dishonesty, the instructor or other personnel may elect to bring the matter up
for judicial review. The maximum penalty for any form of academic dishonesty is
dismissal from the College. The procedures for judicial review are listed under
the section of CCSJ handbook that addresses student grievances.
Calumet
College of St. Joseph adheres to citation guidelines as prescribed by the
particular discipline (i.e., MLA, APA, Chicago Manual of Style or
Turabian.). All of these guidelines are
available in the Calumet College of St. Joseph library or bookstore. These texts outline how to cite references
from a variety of sources, including electronic media.
Withdrawal from Classes
Policy:
After
the last day for class changes has passed (see College calendar), students may
withdraw from a course in which they are registered with permission from the
faculty member conducting the course. A written request detailing the reason(s)
for the withdrawal must be filed with the Registrar. Written request for
withdrawal must be received by the Registrar by the last day of classes prior
to the final examination dates specified in the catalogue. Written requests may
be mailed to the Registrar or faxed to the College fax number 219-473-4259.
Students are to make note of the refund schedule when withdrawing from courses.
The request is forwarded to the faculty member, who makes the final
determination to accept or deny the request. If the request is honored, the
student will receive notification of official withdrawal; if denied, the
notification will indicate why the withdrawal is disallowed. Note: Degree
Completion Division (DCD) students should consult the DCD Student Handbook for
information on DCD withdrawals.
An
official withdrawal is recorded as a "W" grade on the student's
transcript. Dropping a
Course
without written permission automatically incurs an "F" grade for the
course (see
Refund
Schedule).
Class Policy on Attendance:
Attendance in class is an important priority. Accounting is a course that continues to build on the knowledge gained. It is not possible to understand and grasp the fundamentals being taught in later chapters unless the earlier chapters have been mastered. Missing classes will impede your progress.
Your
class participation grade will be affected by attendance. If you are not here, you are not
participating.
Class Policy for
Assignments:
Students are expected to have read the chapter prior to the lecture. Each chapter will be explained and discussed. Concepts will be illustrated by working selected demonstration problems in class. Selected problems will be assigned as homework.
Research Project:
The student will perform an analysis of the Comprehensive Annual Financial Report of the city of Orlando. Questions pertaining to the CAFR follow each chapter.
City of Bingham continuous problem will be worked in class weekly.
City of Smithville computerized cumulative problem. This project is a weekly assignment covering chapters 2 through 10. Students are required to turn in weekly assignments. If the student does not have access to a computer, see the instructor immediately.
Multiple Choice assignments are to be submitted for grading. Assigned problems will be checked in class for attempt.
Student Responsibilities:
All students no matter what their educational background, life/work experiences, have something to offer that will enrich our class. As instructors, we not only encourage participation, but also rely on it. As students, you should demand it, not only of yourselves, but also of your classmates. Our class is only as good as we make it.
Classroom
Behavior
The student is expected to treat the instructor and his/her fellow students with respect and courtesy at all times. This means giving full attention. No private conversations, no catching up on homework assignments, no naps. Such items can and will affect your participation grade.
Learning
Outcomes/ Competencies:
Students in this course will:
·
Demonstrate
an understanding of the concepts of governmental and not-for-profit accounting.
·
Describe
the current practices of governmental and not-for-profit accounting.
·
Understand
the issues that standard setters have resolved so far and the issues that
remain to be resolved in the future.
·
Improve
their abilities to read, write and think creatively and logically.
·
Demonstrate
an understanding of the fund accounting cycle.
·
Demonstrate
competency in government accounting by completing an analysis of a
Comprehensive Annual Financial Report and a comprehensive problem.
Assessment:
City
of Bingham In-class problem 20% of grade
City
of Smithville Project 20% of grade
Multiple
Choice Problem 20% of
grade
Problems 20% of
grade
CAFR Analysis 10%
of grade
Attendance/participation 10%
of grade 100%
Grading Scale:
A:
92-100 A-: 90-91 B+: 88-89
B: 82-87 B-: 80-81
C+: 78-79
C:
72-77 C-: 70-71 D+:
68-69 D: 62-67 D-:
60-61 F: 59 & below
Session Date Topic-Assignment
1 4/29 Introduction to course, Chapter 1:
Financial Reporting for Governmental and
Not-for-Profit Entities.
2 5/6 Chapter 2 – State & local
Governments
Introduction: Chapter 3 - Budgets
3 5/13 Chapter 3 – Budgets
4 5/20 Chapter 4 – Operating Activities
5 5/27 Memorial
Day Break
6 6/3 Chapter 5 - Capital Assets and
Projects
7 6/10 Chapter 6 - Long term liabilities
and Debt Service
8 6/17 Chapter 7 - Business Type Activities
9 6/24 Chapter 8 - Fiduciary Activities
10 7/1 Chapter 9 - financial Reporting
Chapter
10 - Analysis
11 7/8 Chapter 14 - Non-profits
12 7/15 Chapter 15 - Non-profits (taxation
and Regulation)
Chapter
16 - Colleges and Universities
13 7/22 Chapter 17 - Health Care
Organizations
14 7/29 No final exam
Turn
in final assignments
Not
covered: Chapters 11, 12, 13