Southern State Community College
Curriculum Committee – Aug, 2012
ACCT 2209 – Not-For-Profit Accounting
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I.
COURSE TITLE: Not-for-Profit Accounting
COURSE NUMBER: 2209
II.
PREREQUISITES: ACCT 1105
III.
CREDIT HOURS: 3
LABORATORY HOURS: 0
IV.
COURSE DESCRIPTION:
CATALOG PREFIX: ACCT
LECTURE HOURS: 3
OBSERVATION HOURS: 0
This course introduces the operating philosophy of non-profit enterprises as it relates to
the accounting practices of those organizations. It will develop the not-for-profit
philosophy by working specifically with the following funds: General, Special Revenue,
Capital Project, Debt Service, Inter-governmental, Trust and Agency, Special
Assessment, and Enterprise.
V.
ADOPTED TEXT (S):
Essentials of Accounting for Governmental & Not-For-Profit Organizations.
11th Edition or current Edition
Paul A Copley,
McGraw-Hill Publishing Co.
ISBN: 0-07-802545-1
VI.
COURSE OBJECTIVES:
At the completion of this course the student will:
Be able to examine the operational characteristics common to a non-profit organization
and then apply acceptable accounting practices to meet those observed characteristics that
pertain to the financial reporting of the particular organization.
VII.
COURSE METHODOLOGY:
The use of lecture and exercises will be used to teach students the introductory concepts.
May include but not limited to: lecture, independent and group projects, in-class and athome assignments, tests and quizzes.
VIII. GRADING
A= 90- 100
B = 80-89
C = 70-79
D = 60-69
F = 0 - 59
ACCT 2209 – Not-for-Profit Accounting
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IX.
SUGGESTED COURSE OUTLINE:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
X.
Introduction and Chapter 1: Introduction to Accounting and Financial Reporting
for Governmental and Not-for-Profit Organizations
Chapter 2: Overview for Financial Reporting for State Governments
*Quiz 1 Chapter 1 & 2
Chapter 2: Overview for Financial Reporting for Local Governments
Chapter 3: Budgetary Accounting for General and Special Revenue Funds
Chapter 4: Accounting for General and Special Revenue Funds
*Quiz 2 Chapter 3 & 4
Chapter 5: Accounting for Other Governmental Fund Types: Capital Projects,
Debt Service and Permanent
Mid-Term Chapter 1-5
Chapter 6: Proprietary Funds
Chapter 7: Fiduciary and Inter-fund Transactions
*Quiz 3 Chapter 6 & 7
Chapter 8: Government Wide Statements, Fixed Assets, and Long-Term Debt
Chapter 9: Accounting for Special Purpose Entities, Including Public Colleges
and Universities
*Quiz 4: Chapter 8 & 9
Chapter 10: Accounting for Private Not-for-Profit
Chapter 11: College and University Accounting – Private Institutions
*Quiz 5 Chapter 10 & 11
Chapter 12: Accounting for Hospitals and Other Health Care Providers
Chapter 13: Auditing, Tax Exempt Organizations and Evaluating Performance
Comprehensive Final Exam
OTHER REQUIRED BOOKS, SOFTWARE AND MATERIALS:
None
XI.
EVALUATION:
Knowledge of content is evaluated by written tests, assignments, and work projects per
instructor. All exams are comprehensive; quizzes are not. Class participation will be
evaluated by the student’s ability to contribute to class discussion. No make-up tests will
be given.
Sample Grading Scale:
Quizzes (5)
Mid-term Examination
Final Examination
Not-for –Profit Project
Attendance and Participation
Total Points
70
100
200
100
30
500
14%
20%
40%
20%
06%
100%
ACCT 2209 – Not-for-Profit Accounting
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XII.
SPECIFIC MANAGEMENT REQUIREMENTS:
Attendance Policy
To meet the objectives of Principles of Accounting I, students must attend all scheduled
classes. At the beginning of the semester, all instructors will distribute a “Class
Schedule”, which may or may not be a part of the syllabus. If a student must miss class
due to extenuating circumstances, the student is expected to call and inform the instructor
by either talking with the instructor, e-mail, or leaving a message should the instructor
not be available..
If you wish to drop the course you must take positive action. Do not assume that the
Instructor will automatically drop you if you stop attending class.
Missing a Mid-Term Examination
There will be no make-up mid-term examinations given. If, for any reason, you are
not able to take the mid-term examinations at the scheduled time and date, the
examination that you missed will be assigned the same percentage grade that you receive
on the course Final Examination.
Exceptions to this policy are anticipated to be very rare. Contact your Instructor one
week prior to the mid-term examination if you wish to discuss the possible granting of
an exception to this policy.
Missing a Quiz
There will be no make-up quizzes. This policy applies to all quizzes. If, for any reason,
you are not able to take one of the quizzes on the scheduled date, the quiz that you missed
will be assigned the same percentage grade that you receive on the course Final
Examination.
Missing a Due Date for: the Accounting Cycle Project
The due dates for this project are shown on the Course Outline above. The project is to
be turned-in on, or before, the assigned date and time. If a project is not turned-in by the
assigned date and time, you will be assigned a grade of zero points for the project.
Instructor and Student Responsibilities and Academic Dishonesty
Students are required to submit only their own original work with proper citation of third
party sources quoted in that work, this includes the team papers; it must be original work
produced by the team. The College’s Plagiarism Checker includes a database of all past
papers submitted by SSCC students. Submission of copied or purchased assignments is
likely to be caught by Turnitin and the resulting sanctions under the Code of Conduct can
include a failing course grade, suspension, or expulsion from the College.
ACCT 2209 – Not-for-Profit Accounting
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IT Proficiency
The mission of Southern State Community College is to provide accessible, affordable
and high quality education to the residents of its service area. We believe that education
is more than a mastery of a body of technical and professional knowledge and the
achievement of technical or professional proficiency. We provide students with the lifelong ability to acquire knowledge and translate it into responsible action in a competitive
global environment. Toward that end, we seek to develop future professionals who will
be critical thinkers with the international/diversity perspectives and IT skills necessary to
be effective and ethical communicators/decision makers in an increasingly complex and
multicultural environment. Among the primary skills(s) developed in this class will be IT
proficiency. In part, this skill will be promoted by:
 Retrieving financial information from companies’ web sites
 Retrieving financial information from state and local government web sites
 Retrieving financial information from Not-for-profit web sites
XIII. OTHER INFORMATION
CLASSROOM CONDUCT: Civility in the classroom is very important. As
professionals, we expect students to conduct themselves in a courteous and respectful
manner. Disruptive, rude, sarcastic, obscene or disrespectful speech or behavior have a
negative impact on everyone, and will not be tolerated. Students need to remember that
the online discussion boards and chat rooms in the online courses are considered
classrooms and the same rules apply. Students will use these tools in the online classroom
for information that pertains to the class; it is not to be used for personal exchanges of a
social nature. If you engage in any such conduct you will be asked to leave and you will
receive a “zero” for any work completed that day. The instructor reserves the right to
permanently remove a student from the class for inappropriate conduct after consultation
with the Department Coordinator and Academic Dean.
FERPA: Students need to understand that your work may be seen by others. Others
may see your work when being distributed, during group project work, or if it is chosen
for demonstration purposes. Other instructors may also see your work during the
evaluation/feedback process.
DISABILITIES: Students with disabilities may contact the Disabilities Service Office,
Central Campus, at 800-628-7722 or 937-393-3431.