Fisher College of Business
AMIS 4220
Nonprofit and Governmental Accounting
Spring 2014
Instructor: Brian Mittendorf
Room 454, Fisher Hall
Phone: 292-1720
Email: mittendorf.3@osu.edu
Office Hours: Tuesday/Thursday 10:00-11:00 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 four or five 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. The 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 7
Course overview and introduction to nonprofit accounting
Jan 9
No In-class session – See Materials on Carmen
Jan 14
Accounting differences between for profit and nonprofit;
Financial Statement Analysis
Jan 16
Receivables and Contributions
Fundraising Activities
Jan 21
Split Interest Agreements
Jan 23
Investments and Investment Income
Jan 28
Debt and Interest Payments
Jan 30
Affiliated Organizations
Feb 4
Cost Allocation
Feb 6
Pensions and Leases
Feb 11
Foundations
Feb 13
Museums
Health and Welfare Organizations
Feb 18
Heath Care Providers
Colleges and Universities
Feb 20
Group Presentations
Feb 25
Group Presentations
Feb 27
Group Presentations
Mar 4
Group Presentations
Mar 6
Group Presentations
Mar 11
No Class – Spring Break
Mar 13
No Class – Spring Break
Mar 18
Overview of Governmental Accounting;
Accounting differences between governmental and non-profit entities
Mar 20
Fund Accounting and Governmental Financial Statements
Mar 25
Revenues
Mar 27
Expenditures and Expenses
Apr 1
Capital Projects and Debt Service
Apr 3
Capital Assets and Long-Term Investments
Apr 8
Long Term Obligations
Apr 10
Business-Type Activities and Internal Service
Apr 15
Permanent Funds and Fiduciary Funds
Apr 17
Case: Comparing Ohio and Kentucky