Accounting
Southwest College
Center of Excellence - Business
Department Chair - Dr. Marina Grau
Program Coordinator – Vacant
Professor – Donald R. Bond, CPA
ACCT 2330-001 Government and Non-Profit Accounting
CRN 92021 – Spring 2016 Thursday 7-10pm
3 credit hour course/ 16 weeks
Instructor Contact Information:
Instructor
Phone
Email
Room
Donald Bond
713-718-7865
donald.bond@hccs.edu
C220
Office Hours
Office Location
West Loop Campus, 5601 West Loop South, Room
Feel free to contact me concerning any problems that you are experiencing in this course. Please do not
wait until you have received a poor grade before asking for asking for my assistance
ACNT 2330 – Government and Non-Profit Accounting
A comprehensive coverage of accounting and financial reporting for governmental and not-for profit
accounting. This is a three-hour credit course. Distance Education courses are equivalent to on campus
sections of the same course; no distinction is made on college transcripts. Information on transferability to
specific four-year universities is available from the HCCS Counseling Office. This is an Internet course
and students should log in to check the Eagle Online course content to follow up on assignments,
quizzes, reviews, and exams. This can be done by checking the calendar postings, discussion forum, and
e-mail communication from the instructor or posting in the website. Students must be able to access the
Internet from home or go to an open lab on campus. Information about open lab locations will be available
on the website.
Prerequisite: ACCT 2302 (Principles of Accounting II)
On-line Orientation
Orientation will be available online at the web site www.de.hccs.edu
Basic Course Goals
The primary purpose of this course is to introduce the student to a comprehensive coverage of
accounting and financial reporting for governmental and not-for-profit accounting. This course is intended
for accounting majors, CPA candidates, and/or for others who wish to supplement basic accounting and
reporting principles with other materials. Students are expected to be able to identify appropriate
accounting and reporting standards for governments and private not-for-profit organizations, and prepare
fund basis and government-wide statements for state and local governments, applying applicable
accounting standards.
Textbook and Related Material
Required for the course:
Essentials of Accounting for Governmental and Not-for-Profit Organizations
Authors: Paul A. Copley, 12th Edition
Publisher: McGraw-Hill. ISBN: 978-0-07-802581-5
Evaluation and Requirements
Students are expected to study all assigned chapters, complete and submit all assignments on due dates,
and log in to review important announcements before each examination.
The reading of the chapters and the homework assignments will require a considerable commitment of
time and effort from you. Typically, the successful student in college can count on 9 hours of studying
every week to master the content of the chapters and the assignments.
Students are responsible for the learning objectives at the beginning of each chapter. Government and
Non-Profit Accounting is a subject that cannot be mastered passively. The concepts and ideas could be
compared to building blocks; each serves as a foundation for the new ones. It is extremely important that
each student be actively involved in the learning process. This requires intensive studying for each
chapter, reviewing the website for postings, and continuous applications of the ideas to homework
assignments.
Your final grade for this course will be based on how well you do in meeting the evaluation requirements
and applying the grading scale listed below.
Evaluation Requirements
2 sectional exams (online)
Final Examination (in class)
Project
Quizzes (online)
Total
100 points
100 points
100 points
100 points
400 points
HCC Grading Scale
90 - 100%
80 - 89%
70 - 79%
60 - 69%
BELOW 60%
=
=
=
=
=
A
B
C
D
F
(360-400 points)
(320-359 points)
(280-319 points)
(240-279 points)
(0 - 239 points)
Examinations
There will be a total of 2 sectional exams and a final exam. All exams and quizzes will be available online, except for the final exam.
THERE ARE NO MAKE UP EXAMS OR QUIZZES. BE SURE YOU ARE AVAILABLE DURING
THE TESTING DATES. Assignments will not be accepted LATE.
Important URLs
Test, Quizzes and Assignments:
https://www.eztestonline.com/donald.bond/index7.tpx
Textbook resource materials:
https://www.mhhe.com/copley12e
Students Rights: Anti-Discrimination http://www.hccs.edu/district/students/anti-discrimination/
http://www.hccs.edu/district/departments/institutionalequity/title-ix-know-your-rights/
TITLE IX OF THE EDUCATION AMENDMENTS OF 1972, 20 U.S.C. A§ 1681 ET. SEQ.
Title IX of the Education Amendments of 1972 requires that institutions have policies and
procedures that protect students’rights with regard to sex/gender discrimination. Information
regarding these rights are on the HCC website under Students-Anti-Discrimination. Students
who are pregnant and require accommodation s should contact any of the ADA Counselors for
assistance.
It is important that every student understands and conforms to respectful behavior while at HCC.
Sexual misconduct is not condoned and will be addressed promptly. Know your rights and how
to avoid these difficult situations.
Log in to www.edurisksolutions.org Sign in using your HCC student email account, then go to
the button at the top right that says Login and enter your student number.
Course Student Learning Outcomes (SLO) and Learning Objectives
1.
2.
3.
Students will use tax formula framework and relate to 1040 form
Students will calculate gross income, deductions, and losses
Students will use basic tax model for dispositions of property
Students will use tax formula framework and relate to 1040 form:
1. Describe the different tax rate structures and calculate a tax.
2. Perform the basic steps in tax research and evaluate various tax law sources when faced
with ambiguous statutes.
3. Contrast tax avoidance and tax evasion.
4. Determine a taxpayer’s filing status.
5. Apply basic income exclusion provisions to compute gross income.
6. Identify the common deductions necessary for calculating adjusted gross income (AGI).
7. Compute general types of tax credits.
Students will calculate gross income, deductions, and losses:
1.
Apply cash and accrual methods to determine business income and expense
deductions.
2.
Calculate the deduction allowable under special cost recovery rules (§179, bonus,
listed property).
3.
Calculate the amount of gain or loss recognized on the disposition of assets used
in a trade or business.
4.
Calculate the deduction for portfolio investment-related expenses.
Students will use basic tax model for disposition of property:
1.
Compute and contrast taxable and nontaxable fringe benefits.
2.
Compute the saver’s credit.
3.
Compute the taxable gain on the sale of a residence.
SCANS (Secretary’s Commission for Achieving Necessary Skills)
The Secretary’s Commission for Achieving Necessary Skills (SCANS) from the U. S.
Department of Labor was asked to examine the demand of the workplace and whether our
students are capable of meeting those demands. Specifically, the Commission was directed to
advise the Secretary on the level of skills required to enter employment. In carrying out this
charge, the Commission was asked to do the following:
• Define the skills needed for employment
• Propose acceptable levels of proficiency
• Suggest effective ways to assess proficiency, and
• Develop a dissemination strategy for the nation’s schools, businesses, and homes.
SCANS research verifies that wat we call workplace know-how defines effective job
performance today. This know-how has two elements: competencies and a foundation. This
report identifies five competencies and a three-part foundation of skills and personal qualities
that lie at the heart of job performance. These eight requirements are essential preparation for all
students, whether they go directly to work or plan further education. Thus, the competencies and
the foundation should be taught and understood in an integrated fashion that reflects the
workplace contexts in which they are applied.
Workplace Competencies
Foundation Skills
Resources: allocating time, money, materials,
space, staff
Basic Skills: reading, writing, arithmetic and
mathematics, speaking, and listening
Interpersonal Skills: working on teams,
teaching others, serving customers, leading,
negotiating, and working well with people from
culturally diverse backgrounds
Thinking Skills: thinking creatively, making
decisions, solving problems, seeing things in the
mind's eye, knowing how to learn, and reasoning
Information: acquiring and evaluating data,
organizing and maintaining files, intepreting and
communicating, and using computers to process
information
Personal Qualities: individual responsibility,
self-esteem, sociability, self-management and
integrity
Systems: understanding social, organizational,
and technological systems, monitoring and
correcting performances, and designing or
improving systems
Technology: selecting equipment and tools,
applying technology to specific tasks, and
maintaining and troubleshooting technologies
SCANS workplace competencies and foundation skills have been integrated into Taxation of
Individuals, and are exhibited in the SCANS schedule. For addition information about SCANS,
go to: http://wdr.doleta.gov/scans/teaching/
CPA course information:
The following HCCS link:
http://www.hccs.edu/programs/programs-a-z/accounting/
Educational Credit for the CPA Exam: The Texas State Board of Public Accountancy (Board)
requires that you have completed a baccalaureate or higher degree from a Board recognized
institution of higher education to study at a Board recognized Texas community college to
complete the educational requirements to qualify for the CPA Exam. Houston Community
College is recognized as a qualifying Texas community college. This means that you have to
have graduated from a recognized, four-year college BEFORE the first day of this class if you
want this class to fulfill the Board's education requirements to sit for the CPA Exam.
The Texas State Board of Public Accountancy (TSBPA) awarded Houston Community College
the designation to offer "Qualifying Educational Credits for the CPA Examination."
Instructor Requirements
As your Instructor, it is my responsibility to:
 Provide the grading scale and detailed grading formula explaining how student grades are
to be derived
 Facilitate effective learning within the online learning environment
 Inform students of class policies
 Provide the course outline and class calendar which will include a description of any
special projects or assignments
 Arrange to meet with individual students if needed
To be successful in this class, it is the student’s responsibility to:
 Use assigned text and homework system
 Understand the basics of Excel & use of simple formulas
 Read and comprehend the textbook & participate in any discussions and activities
 Complete & submit timely all required assignments, projects and exams
 Ask for help when there is a question or problem
 Keep copies of all projects, emails, syllabus, and handouts
Other Course Policies
 Late homework & other assignments:
Chapter homework problems and quizzes are available for a limited time with NO extension of
due date allowed. Computer or network malfunctions are not considered, so have a back-up plan
in place. Failure to complete 60% of assignments may lead to instructor withdrawing student for
lack of academic participation. THERE WILL BE NO MAKE-UP EXAMS OR QUIZZES.
 Incompletes:
The grade of “I” (incomplete) is conditional and at the discretion of each instructor. I do NOT
issue incompletes.
 Communication:
All communication to me must be through our Eagle class email or discussion board. Please use
Eagle email for asking questions of a personal nature or inquiries about quiz or exam grades.
Otherwise, post your questions on the discussion board – other students may know the answer or
benefit from the question. Failure to comply with this may result in a reduction to your grade.
 Academic Honesty – additional info
* I am very diligent in watching for copied work on project submissions. Be very careful that you
do not copy from others or allow others to copy from you. I realize that different cultures and
age groups have various interpretations of what is considered “cheating.” I have a very narrow
definition and make the ultimate decision, so when in doubt, ask me.
Student attendance – additional info
Students are expected to attend class. No exceptions.
 Class Behavior
As your instructor and as a student in this class, it is our shared responsibility to develop and
maintain a positive learning environment for everyone, whether in class or on-line. I take this
responsibility very seriously and will inform members of the class if their behavior makes it
difficult for him/her to carry out this task. As a fellow learner, you are asked to respect the
learning needs of your classmates and assist your instructor achieve this critical goal.
List of Chapters and Class Schedule
1/21,28
Chapter 1 – Introduction to Accounting and Financial Reporting for Governmental and
Not-for-Profit Organizations
2/4
Chapter 2 – Overview of Financial Reporting for State and Local Governments
2/11
Chapter 3 – Budgetary Accounting for the General and Special Revenue Fund
2/18
Chapter 4 – Accounting for the General and Special Revenue Funds
2/25
Examination # 1 – Chapters 1 thru 4
3/3
Chapter 5 – Accounting for Other Governmental Fund Types: Capital Projects, Debt
Service, and Permanent
3/10
Chapter 6 – Proprietary Funds
3/17
SPRING BREAK
3/24
Chapter 7 – Fiduciary Funds
3/31
Chapter 8 – Government-Wide Statements; Fixed Assets; Long-Term Debt
4/5
Last day to officially withdraw from the course.
4/7
Chapter 9 –Accounting for special purpose entities, including public colleges and
universities
4/14
Examination # 2 – Chapters 5 thru 7
4/21
Chapter 10 Accounting for private Not-For-Profit Organizations
4/28
Chapter 11 – College and University Accounting – Private Institutions
4/28
Chapter 12 – Accounting for Hospitals and Other Health Care Providers
PROJECT DUE
5/5
Review for Final Exam.
5/12
Final Exam – IN CLASS- All chapters.
The above schedule will be followed as closely as possible. However,
circumstances may require altering the schedule due to circumstances beyond
the control of the instructor.
Additional information regarding exams, deadlines, assignments, etc. will be
announced in class.
Student Handbook
The Student Handbook contains policies and procedures for HCCS. Students should have reviewed the
handbook as part of the mandatory orientation. It is the student's responsibility to be familiar with the
handbook's contents. The handbook contains valuable information, answers, and resources, policies and
procedures (how to drop, attendance requirements, etc.), student services (ADA, financial aid, degree
planning, etc.), course information, testing procedures, technical support, and academic calendars.
Refer to the Student Handbook by visiting this link:
http://de.hccs.edu/de/de-student-handbook
ACNT 2330 / Governmental & Not-For-Profit Accounting
The required textbook for this course is:
Essentials of Accounting
(Copley) 12th edition
ISBN: 9781259729331
FYI: This package has been customized to provide you with the greatest value for this course.
$134
**Best Bargain!
$179.65
Package: Loose-Leaf
textbook 12th ed
Package: Loose-Leaf
textbook 12th ed
ISBN 9781259729331
ISBN 9781259729331
Print Solution Only
Print Solution Only
ONLY Available Online at
URL listed below*:
Available at Bookstores
Standard 5-7 day shipping applies
On Campus & Off Campus
*http://shop.mheducation.com/mhshop/store/
HCCACC