SYLLABUS FOR GOVERNMENT & NOT-FOR- PROFIT ACCOUNTING

 

 

Term: 052:  Spring 2006

Course Number:  ACC 415DS          

Instructor: Mr. George Grzesiowski MBA/CPA

                   Assistant Professor in Accounting/Business Management

Office:  Room #  516

Office Phone:  219 473-4283

E-mail:  ggrzesiowski@ccsj.edu

Home Phone: (219) 362-1696            E-mail:  grzz@csinet.net

Cell:  219-716-5002

 

Office Hours:

Day

Times

Monday

  8:00 – 10:30 AM

12:00 –   1:50 PM

  3:30 –   4:40 PM

Tuesday

  7:50   8:50 AM

Wednesday

12:30 –   4:00 PM

(meetings)

Thursday

  8:00 – 10:30 AM

12:00 –   1:50 PM

  3:30 –   4:40 PM

Friday

  7:50   8:50 AM

Or, by appointment

 

Course Time:

To be Arranged

 

Course Description: 

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. 

 

Prerequisites:

Prerequisite:   ACC 210-211  or BUS 300

 

Textbooks: 

Accounting for Governmental and Nonprofit Entities;  13th edition, Wilson, Kattelus, McGraw-Hill/Irwin, 2004

 

Open Door Policy

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.

 

 

Class Policy on Attendance:

Directed Study

 

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 a city.   Questions pertaining to the CAFR follow each chapter. 

 

City of Smithville computerized cumulative problem.   This project is a weekly assignment covering chapters 2 through 10.   If the student does not have access to a computer, see the instructor immediately.

 

 

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

Directed Study

 

 

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).

 

 

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.

·         Apply concepts and demonstrate competency by completing financial records for a city utilizing appropriate software.

 

 

 

Assessment:                                       

City of Smithville Project                                                         20% of grade

Chapter Assignments                                                               30% of grade

CAFR  Analysis                                                                       20% of grade

Chapter MC questions                                                             30% 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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class Assignments:

Session                        Date                            Topic-Assignment

 

1                                                          Chapter 1, Financial Reporting

 

2                                                          Chapter 2, Principles

 

3                                                          Chapter 3, Operating Statement, Budgetary Accounting

                                                            Begin Smithville

 

4                                                          Chapter 4, Operating Activities

 

5                                                          Chapter 5, capital assets and projects  

 

6                                                          Chapter 6, long term liabilities and debt service          

                                                           

7                                                          Chapter 7, Proprietary funds                                       

                                                           

8                                                          Chapter 8, Fiduciary activities

 

9                                                          Chapter 9, Financial Reporting                                               

 

10                                                        Chapter 10, Analysis

                       

11                                                        Chapter 14:  Non-profits

                                                           

12                                                        Chapter 15:  Non-profits

                                                           

13                                                        Chapter 16:  Colleges and Universities

 

14                                                        Chapter 17:  Healthcare Organizations

 

15                                                        Final Assignments