Covers the fundamentals of accounting and financial management for public and nonprofit organizations. Through course readings, case studies, and short assignments, students will learn how to understand and use public sector financial information to inform decision making. The first half of the course will focus on: operating budgets, cash budgets, tools for evaluating capital budgeting decisions, and an introduction to accounting principles. Topics in the second half of the course include financial reporting, financial condition analysis, and unique aspects of accounting for public and nonprofit organizations. Along the way, students will gain familiarity with spreadsheet applications and financial calculations. By the end of the course, students should be able to read and interpret financial information and perform straightforward financial analyses.
Schedule of Classes
Prerequisite(s): PLCY688R recommended