Public Budgeting – acc574 (3 credits)
In this course students learn the accounting and budgeting tools and theories used in the public sector. Students will analyze the relationship between public policy and the public budget process. Other topics include budgetary decision making, basics of government and not-for-profit accounting, reporting, capital and operating expenditures, and inter-period equity.
Budgetary Analysis Techniques
- Explain accounting for the levy, collection, revenue recognition, and enforcement of taxes.
- Evaluate common expenditure forecasting approaches.
- Differentiate between cost effectiveness analysis and cost benefit analysis.
Management Accountability and the Political Process
- Evaluate the effects of public policy and the political process on budgeting in the national, state, and local levels.
- Distinguish the patterns of stability and change in taxation and spending.
- Discuss the similarities and differences between General Fund and Special Revenue Funds.
Budget Preparation and Execution
- Explain budget preparation, budget enactment, and budget execution at the national, state, and local levels.
- Explain how shortcomings of the budget process at the national level affect the pass-through to the state and local levels.
- Assess the impact of budgetary reform movements on governmental budgeting.
Nature of Public Budgeting
- Explain the cyclical nature of budget development, execution, and evaluation.
- Describe the sources and uses of revenue in public budgeting.
- Differentiate between the various budgeting approaches used in the public sector.
Political Process and Public Policy in Budgeting
- Differentiate among political, economic, social, and cultural influences on public budgeting.
- Explain the role of an agency budget office.
- Analyze strategies used to develop, implement, and justify existing and new programs.
The University of Phoenix reserves the right to modify courses.
While widely available, not all programs are available in all locations or in both online and on-campus formats. Please check with a University Enrollment Representative.
Transferability of credit is at the discretion of the receiving institution. It is the student’s responsibility to confirm whether or not credits earned at University of Phoenix will be accepted by another institution of the student’s choice.