Downloadable Syllabus: Nonprofit Accounting-ACCT215.docx

 

Business Administration Department

Nonprofit Accounting – ACCT 215

Fall 2018 – Online Education

 

Instructor:                Ruqayyah Archie MBA, MAcc

Phone:                     215-751-8056

E-mail:                     rarchie@ccp.edu

Office:                      B2-22C

Office Hours:          By appointment

 

Course Description: Introduction to the principles of accounting for nonprofit organizations with emphasis on fund accounting and the accounting standards for various types of nonprofit organizations.

 

Course Prerequisite:  ACCT 102 or ACCT 101 and departmental approval

 

Required Text: Governmental and Nonprofit Accounting, 11^th Edition

Authors: Robert J. Freeman, Craig D. Shoulders, Dwayne N. McSwain, and Robert B. Scott

ISBN for hardback edition: 9780133799569

Publisher: Pearson

STUDENT LEARNING OUTCOMES:

1. Compare and contrast characteristics of governmental, nonprofit and commercial entities.
2. Explain the purpose of budgetary accounting and prepare budgetary journal entries.
3. Analyze economic transactions and prepare general journal entries for governmental and nonprofit entities.
4. Apply generally accepted accounting principles in the preparation of financial statements for governmental and nonprofit entities.

Course Policies:

• Note: The Community College of Philadelphia has developed College Policies and Procedures to protect the rights of students and provide information and resources to enhance the student’s learning experience at the college. It is recommended that all students read and reference these documents. You may review these memoranda at the reserve book in the Library, at the Office of Vice President for Student Affairs, M2-37 or the Office of Student Activities, S1-10. You can also access the documents online at: http://www.ccp.edu/site/current/conduct_code/index.php
• Special Accommodations: Students with verifiable disabilities will be accommodated. Please register with Center on Disability, M1-22, during the first two weeks of class. Students who are registered with the Center on Disability must inform the instructor by the end of the first week of classes if special accommodations are requested.
• Students receiving Title IV Financial Aid Funds: Effective Fall 2000, students who receive Title IV financial aid funds and who withdraw from ALL their classes before completion of 60% of the term, e., the 10th week (or its equivalent for summer terms) may be required to return all or a portion of their financial aid award. If it is determined that funds must be returned to the financial aid programs, students must make satisfactory payment arrangements within 45 days of notification or they become ineligible for further financial aid.
• Community College of Philadelphia's Early Alert Initiative: The system positively intervenes in Community College of Philadelphia's students' academic paths early and appropriately by effectively communicating current performance and supplying information beneficial to academic success. Faculty members have the opportunity to complete Early Alert reports at 20% and 50% reporting periods during the semester. Students will be assessed on the following items: attendance, punctuality, meeting assignment deadlines, classroom behavior, classroom participation and other factors pivotal to student Should you receive an Early Alert letter, you should follow up on the suggested intervention strategy as soon as possible.
• Attendance: College Policy and Procedure #5 allows your instructor to withdraw any student from the class who has missed at least two weeks of
• Classroom Conduct: It is expected that students will conduct themselves according to the guidelines found in the CCP College Policies and Procedures Article IV,
• Academic Honesty: Except when permitted by your instructor, all work is expected to reflect an individual effort. Attribution should be given when appropriate. All students are expected to understand what constitutes cheating and plagiarism as described in College Policies and Procedures Memorandum #3 (P&P#3). If a violation of P&P#3 is found or suspected, a formal judicial process will be conducted to investigate the violation and the consequences will range from an F for the assignment to an F for the
• Modules: This course is made up of a number of weekly modules. Within each weekly module there are discussion forums, assignments, and quizzes. You should complete all of the required assignments in one module before starting the next, since the work may be cumulative. The deadline for submitting your assignments and completing your quizzes each week (except for the final week) is Sunday at 11:59 PM.
• Discussion Forums: The interaction in discussion forums will serve as a learning tool which is aimed

at fostering peer learning and we will work collaboratively to discuss issues and problems. We will have at least one topic to discuss each week. Your initial post is due on Wednesdays at midnight, and response posts are due on Sundays at midnight. Please respond in-depth to at least 1 posting from a classmate.

• Homework Assignments: Homework assignments are an integral part of any course you take.  Throughout this course, homework assignments need to be completed and submitted for part of your grade. Homework submissions will be accomplished by either answering specific questions about problems you are assigned, or by submitting files for me to review.  The Canvas page for the course contains the required homework assignments. You must complete your homework and submit it by the announced due date. Assignments not submitted by the due date will receive a zero. Students who cannot submit assignments on time because of emergency, unexpected events, or extreme illness should contact the instructor BEFORE THE DUE DATE or as soon as circumstances allow and ask for consideration and be prepared to produce

Communications:

• Canvas: The College uses Canvas, a Learning Management System, for course administration. The syllabus, any handouts and assignments will be posted for the course in Canvas. It is the student’s responsibility to check this website to keep updated on the class. Canvas will also be used for announcements, messages, discussion forums, uploading projects and grading. To use Canvas, you need your MyCCP Email address. NOTE: Your Username is the same for both MyCCP and Canvas, but the password must be created separately for Canvas. Please see the attached document for login directions to Canvas. If you have any questions or concerns using Canvas, please contact the Office of Distance Education at onlinelearning@ccp.edu.
• Email: A great deal of communication is done electronically. Students are responsible for checking their CCP e- mail accounts. Failure to check CCP email account does not excuse the student from any missed assignments, classes, etc. 

Grading: The College grading scale will apply. Your final grade will be determined by the grades you earn on homework assignments, examinations, and for participation in class “forums.” Each of these components of your final grade will be weighted as follows:

 

Homework Assignments	20%
Quizzes	10%
Exams (2 midterms each 15%; final worth 20%)	50%
Discussion Forum Participation	10%
Final Term Project	10%

The following grading scale is used for all College courses.

 

90 – 100	=	A
80 – 89	=	B
70 – 79	=	C
60 – 69	=	D
Below 60	=	F

 

Course Outline

 

Module	Contents	Chapter	Assignments
1	Government and Nonprofit Accounting	1	Homework, Quiz, and Discussion Question are administered through Canvas.
2	State and Local Government Accounting and Financial Reporting	2	Homework, Quiz, and Discussion Question are administered through Canvas.
3	Budgeting, Budgetary Accounting, and Budgetary Reporting	3	Homework, Quiz, and Discussion Question are administered through Canvas.
4	The General Fund and Special Revenue Funds	4	Homework, Quiz, and Discussion Question are administered through Canvas.
5	Revenue Accounting – Governmental Funds Expenditure Accounting – Governmental Funds	5	Homework, Quiz, and Discussion Question are administered through Canvas.
		6
6	Capital Projects Funds	7	Homework, Quiz, and Discussion Question are administered through Canvas.
			MidTerm Exam 1 administered through Canvass
7	Debt Service Funds	8	Homework, Quiz, and Discussion Question are administered through Canvas.
8	General Capital Assets: General Long-Ter Liabilities; Permanent Funds	9	Homework, Quiz, and Discussion Question are administered through Canvas.
9	Enterprise Funds   Internal Service Funds	10	Homework, Quiz, and Discussion Question are administered through Canvas.
		11

 

10	Trust and Agency (Fiduciary) Funds	12	Homework, Quiz, and Discussion Question are administered through Canvas.
11	Financial Reporting: The Basic Financial Statements and Required Supplementary Information	13	Homework, Quiz, and Discussion Question are administered through Canvas.
			MidTerm Exam 2 administered through Canvas
12	Non-SLG Not-for-Profit Organizations	16	Homework, Quiz, and Discussion Question are administered through Canvas.
13	Federal Government Accounting	19	Homework, Quiz, and Discussion Question are administered through Canvas.
14	Auditing Governments and Not-for-Profit Organizations	20	Homework, Quiz, and Discussion Question are administered through Canvas.