ACC/460

Government & Non-profit Accounting

Online Format

$1194 Estimated Tuition

3 credits Total credits

5 weeks Course length

Please Note: Attendance and participation are mandatory in all University courses, and specific requirements may differ by course. If attendance requirements are not met, a student may be removed from the course. Please review the Course Attendance Policy in the Catalog for more information.

University of Phoenix reserves the right to modify courses. While widely available, not all courses are available in all locations or in both online and on-campus formats. Please check with an enrollment representative.

Government & Non-profit Accounting

Course level: Undergraduate

This course covers fund accounting, budget and control issues, revenue and expense recognition, and issues of reporting for both government and non-profit entities.

Please Note: Attendance and participation are mandatory in all University courses, and specific requirements may differ by course. If attendance requirements are not met, a student may be removed from the course. Please review the Course Attendance Policy in the Catalog for more information.

University of Phoenix reserves the right to modify courses. While widely available, not all courses are available in all locations or in both online and on-campus formats. Please check with an enrollment representative.

What you'll learn

What you’ll learn

Expand all

Course objectives

Accounting Standards for State and Local Governments

Demonstrate an understanding of why governmental accounting is–and should be–different from for-profit business accounting.
Model the governmental accounting system used to account for revenues, expenditures, encumbrances, expenses, capital, and debt.

Fund Accounting

Distinguish between the various types of funds used by governments.
Examine the accounting process used for governmental funds, proprietary funds, and fiduciary funds.
Analyze typical operating transactions for governmental, proprietary, and fiduciary activities and prepare appropriate journal entries at both the government-wide and fund levels.

Financial Reporting and Control for State and Local Governments

Assess and prepare governmental fund financial statements and government-wide financial statements and understand how to reconcile the two.
Evaluate the components of a comprehensive annual financial report (CAFR).
Perform key financial analysis of an entities financial position, financial condition, and economic condition.
Examine issues related to budgeting and control.

The Not-for-Profit Environment

Assess the accounting and financial reporting requirements for not-for-profit organizations.
Journalize transactions and prepare financial statements in accordance with the generally accepted accounting principles governing not-for-profit organizations.
Discuss how not-for-profit organizations are regulated.
Contrast the tax-exempt status of public charities and private foundations with commercial organizations.

Accounting for Not-for-Profit Colleges, Universities, and Health Care Orga …

Describe financial reporting for public and private colleges and universities.
Journalize transactions and prepare the basic financial statements for public and private colleges and universities.
Describe financial reporting for not-for-profit and governmental health care organizations.
Journalize transactions and prepare the basic financial statements for not-for-profit and governmental health care organizations.

Prerequisite details

Prerequisites details

A prerequisite is required for this course. The purpose of a prerequisite is to ensure students have the knowledge and/or skills needed to be successful in the course. Students are required to provide proof of prerequisite during the enrollment/registration process.

To meet a course prerequisite requirement, a student must meet one of the following criteria:

Successfully completed the prerequisites course at University of Phoenix
Provide proof via transcript of completing a comparable course (at least 75% match) or higher level course with at least a grade of C at another institution.
Have a University of Phoenix approved Student Appeal on file with the University.

Prepare your documents

During the checkout process you will be prompted to provide proof of the requirement(s). If you completed the prerequisite at another institution, be prepared to upload an official/unofficial transcript.

Still have questions?

Speak to an enrollment representative.
(866) 354-1800

MON – THU: 5AM to 7PM MST
FRI: 5AM to 5PM MST
SAT: 6AM to 5PM MST

Why UOPX

Why take courses at
University of Phoenix

Accreditation that matters

We’ve been accredited by the Higher Learning Commission (hlcommission.org) or its predecessor for more than 40 years.

Real-world instructors

Learn from instructors who bring an average of 25 years of working experience to the classroom.

Affordable and potentially reimbursable

Our tuition and fees are competitive and fixed. Also, check to see if your employer will cover you for this course.

Next steps

Start a conversation about your future with an enrollment representative today.

Start chatting now

Transfer credit

Credit Transfer

Need to transfer credits to another college or university?

Before you enroll in a course, check with your school of choice to make sure they will accept our transfer credits and to understand any requirements or limitations. Then you can complete your course, and request your official transcript be sent to your school. That’s it!

How to request your transcripts

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. If you have a question contact us at (866) 354-1800.

The University of Phoenix reserves the right to modify courses. Although our continuing teacher education courses are accepted by some state agencies in the United States toward teacher certifications and endorsements, this may not be the case in all states or foreign jurisdictions. If you plan to use courses for certification or endorsement, please check with your own state agency and your school district for applicability. Continuing teacher education courses are not eligible to apply to degree programs at University of Phoenix. These courses are not eligible for federal financial aid. 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. While widely available, not all programs are available in all locations or in both online and on-campus formats. Please check with an Enrollment Representative. If you have a question contact us at (866) 354-1800.

▪	Successfully completed the prerequisites course at University of Phoenix
▪	Provide proof via transcript of completing a comparable course (at least 75% match) or higher level course with at least a grade of C at another institution.
▪	Have a University of Phoenix approved Student Appeal on file with the University.

Government & Non-profit Accounting

Government & Non-profit Accounting

Prerequisites

Required materials

What you’ll learn

Prerequisites details

To meet a course prerequisite requirement, a student must meet one of the following criteria:

Prepare your documents

Still have questions?

Why take courses at University of Phoenix

Accreditation that matters

Real-world instructors

Affordable and potentially reimbursable

Credit Transfer

Need to transfer credits to another college or university?

Why take courses at
University of Phoenix