SYLLABUS FOR GOVERNMENT & NOT-FOR- PROFIT ACCOUNTING

 

Term: Summer, 2000 (993) May 1 – August 4, 2000

Course Number: ACC 496X

Instructor: Mr. George Grzesiowski

Office: Room # 516

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:

Friday 9:00AM – 12:00PM

Course Description:

This course emphasizes the similarities and differences between government, non-profit and commercial accounting methods and procedures. Students are exposed to the basic fund accounting cycle for the general fund and other special funds.

Prerequisites:

ACC 210

Textbooks:

Government and Not-For-Profit Accounting; Michael H. Granof, Wiley, 1998.

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.

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.

 Student Responsibilities:

It is expected that all students will be present on test days. If unavoidable circumstances prevent attendance, the test can be made up at the instructor’s discretion. It is the student’s responsibility to contact the instructor to make arrangements to make up the exam. Unexcused absences on test days will result in a 10% penalty.

One test retake is allowed during the semester (excluding the final exam). The retake option may be used to make up a missed exam without penalty.

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.

 Course Outcomes:

Upon completion of this course the student will be able to:

 Assessment:

CPA practice exams 25% of grade

Problems 20% of grade

CPA Exercises 20% of grade

Research project/continuing project 25% of grade

Attendance/participation 10% of grade 100%

Research Project:

The student will perform an analysis of the Comprehensive Annual Financial Report of the city of Nashville. The CD-ROM contains the city’s CAFR. The continuing problem is based on this report. Weekly assignments are given through the continuing problem. If the student does not have access to a computer, see the instructor immediately.

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:

Class Date Topic-Assignment

5/5 Introduction

5/12 Chapter 1 – Government & not for Profit

Chapter 2 – Fund Accounting

5/19 Chapter 3 – Issue of Budgeting & Control

5/26 Chapter 4 – Recognizing Revenue in Government Funds

6/2 Chapter 5 – Recognizing Expenditures in Government Funds.

6/9 Chapter 6 – Revenues and Expenditures in Other not for

profit Organizations.

 6/16 Chapter 7 – Accounting for Capital projects and Debt

Service.

6/23 Chapter 8 – Long Lived Assets and Investments in

Marketable Securities

6/30 Chapter 9 – Long Term Obligations

Chapter 10 – Business Type Activities

7/7 Chapter 11 Fiduciary Funds

 

7/14 Chapter 12 – Issues of Reporting, Disclosure, and

Financial Analysis

7/21 Chapter 13 – Using Cost Information to Manage and

Control

Chapter 14 – Managing for results.

7/28 Chapter 15 - Auditing

Chapter 16 – Federal Government

8/4 CPA Practice test on Government and Non Profit

Accounting.