Fisher College of Business
AMIS 4220
Nonprofit and Governmental Accounting
Spring 2016
Instructor: Brian Mittendorf
Room 454, Fisher Hall
Phone: 292-1720
Email: mittendorf.3@osu.edu
Office Hours: Tuesday/Thursday 1:00-2:00 and by appointment
Course Description: This course centers on financial aspects of nonprofit and
governmental organizations, beginning with their financial reports. The course focuses on
(1) the financial reporting concepts and standards that are applicable to nonprofit and
governmental organizations; (2) ratio and other summary indicators used to evaluate the
financial condition and financial performance of nonprofit and governmental organizations;
and (3) the analysis and interpretation of financial statements of selected nonprofit and
governmental organizations.
Optional Supplementary Textbooks:
Not-for-Profit Accounting Made Easy, Ruppel, Wiley
Governmental Accounting Made Easy, Ruppel, Wiley
Core Concepts of Government and Not-For-Profit Accounting, Granof and Wardlow, Wiley
Course Format: Class sessions will consist of lectures and case discussions. The first
part of the course will rely heavily on lectures of accounting concepts for nonprofit
organizations. The second part of the course will focus on the accounting concepts of
governmental organizations.
Case Assignment: Students are expected to form groups of five or six by the second
week of class. Please confirm your group composition by emailing the group list to the
instructor. Each group will choose a nonprofit on which to focus. The groups will prepare a
short presentation and lead a discussion on the financial issues facing this organization at
the completion of the nonprofit portion of the course.
Quizzes: Throughout the semester, students will be required to complete five miniquizzes posted on Carmen. The quizzes are open book and open notes but must be
completed individually.
Final Exam: The final exam is an individual take-home assignment that will be
distributed in the final weeks of the semester. The assignment consists of financial
statements for two organizations. Each student is expected to prepare a written analysis
of the financial performance and outlook of the two organizations. This write-up should
employ many of the concepts included in the course and should be 6-12 pages.
Grading: 25% -- attendance and participation
25% -- quizzes
25% -- group assignment
25% -- take-home final
Schedule:
Class/Day
Topic
Jan 12
Course overview and introduction to nonprofit accounting
Jan 14
Types and regulation of nonprofits
Jan 19
Accounting differences between for profit and nonprofit;
Financial Statement Analysis
Jan 21
Receivables and Contributions
Jan 26
Fundraising Activities
Cost Allocation
Jan 28
Split Interest Agreements
Feb 2
Investments and Investment Income
Feb 4
Debt and Interest Payments
Feb 9
Affiliated Organizations
Feb 11
Pensions and Postretirement Benefits
Feb 16
Foundations
Feb 18
Museums
Health and Welfare Organizations
Feb 23
Heath Care Providers
Colleges and Universities
Feb 25
Group Presentations
March 1
Group Presentations
March 3
Group Presentations
March 8
Group Presentations
March 10
Group Presentations
March 15
No Class – Spring Break
March 17
No Class – Spring Break
March 22
Overview of Governmental Accounting;
Accounting differences between governmental and non-profit entities
March 24
Fund Accounting and Governmental Financial Statements
March 29
Revenues
March 31
Expenditures and Expenses
April 5
Capital Projects and Debt Service
April 7
Capital Assets and Long-Term Investments
April 12
Long Term Obligations
April 14
Alternatives to General Obligation Debt
April 19
Business-Type Activities and Internal Service;
Permanent Funds and Fiduciary Funds
April 21
Case: Comparing Ohio and Kentucky