This course analyzes accounting principles and procedures unique tofederal, state, and local governments, and not-for-profitorganizations. It illustrates financial statements and reports preparedfor each type of entity, fund, and account group. The course exploresthe role of the Governmental Accounting Standards Board (GASB)and the Financial Accounting Standards Board (FASB) in establishingaccounting standards and disclosure requirements for governmentsand not-for-profit organizations.
