AC 308 - Accounting for Nonprofit Organizations

4.00 credits.

The applicable principles and uses of fund accounting - to include budgeting, preparation and reporting of general and special financial statements and their use in decision making, controlling and identifying general operating funds and those restricted and non-restricted special funds - are discussed. An experiential project is assigned involving a real-life case study, which will include evaluating performance measurement standards. *Prerequisite(s): AC 405 and junior status.