ACCT 0631 - Municipal and Fund Accounting


Credits: 3

An overview of generally accepted accounting principles (GAAP) for non-for-profit and government agencies including FASB statement numbers 116 and 117, which have a significant impact on financial reporting for non-profit organizations. The goal is to come to a clear understanding of the accounting and financial principles required by GAAP, the limitations of GAAP financial statements, and what the implications are for the non-profit organization.



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