Description
This course focuses on the accounting principles used by local, state, and federal governments and non-profit entities such as colleges and universities, and social service agencies, and the resulting financial reporting of the entities. Students will learn how to record and process transactions through journal entries, report transactions through basic financial statements, implement budgetary control systems, and use fund accounting principles for proper segregation and earmarking or resources per legislative or restrictive mandates. Parallel enrollment in ACC 403.