Fisher College of Business
AMIS 7250
Nonprofit and Governmental Accounting
Spring 2013
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.
Quizzes: Throughout the course, students will be required to complete five mini-quizzes
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
35% -- quizzes
40% -- take-home final
Schedule:
Class/Day
Topic
Mar 5
Course overview and introduction to nonprofit accounting
Mar 7
Accounting differences between for profit and nonprofit;
Financial Statement Analysis
Mar 12
No Class – Spring Break
Mar 14
No Class – Spring Break
Mar 19
Receivables and Contributions
Mar 21
Split Interest Agreements
Mar 26
Investments and Investment Income
Mar 28
Affiliated Organizations
Apr 2
Cost Allocation
Apr 4
Foundations
Apr 9
Museums/Health and Welfare Organizations/Health Care
Providers/Educational Institutions
Apr 11
Overview of Governmental Accounting;
Accounting differences between governmental and non-profit entities
Apr 16
Fund Accounting and Governmental Financial Statements
Apr 18
Revenues
Apr 23
Expenditures and Expenses
Apr 25
Case: Comparing Ohio and Kentucky