Course Description

Prerequisites: MGT131B + Upper Division Standing

MGT147 Not-for-profit and Government Accounting (4). Addresses issues faced in government and not-for-profit accounting.  Students will gain insight into how and why these issues may have been resolved either similarly or differently from the for-profit business sector.  Focus will be placed on how revenue and expense recognition, asset and liability valuation, the scope of the reporting entity, reporting cash flows, etc., differ in comparison to for-profit business accounting.