Public Sector Accounting Management Practice

Faculty
Commerce & Business Administration
Department
Accounting
Course Code
ACCT 4080
Credits
3.00
Semester Length
15 weeks
Max Class Size
30
Method Of Instruction
Lecture
Seminar
Hybrid
Typically Offered
To be determined

Overview

Course Description
Public Sector Accounting Management focuses on how public sector (government) entities of various kinds make best use of the resources entrusted to them in creating public value. Public sector accounting is a core body of supporting financial management. The purpose of this course is to provide students with public sector accounting and financial management skills needed to function in the public sector environment of low to medium complexity.

The content will focus on applied knowledge in real world situations using Excel. Communication skills will be developed in a team environment.
Course Content

1. Governance and decision-making process

2. The planning and budgeting process

3. Government operating and capital budgets

4. Public sector accounting and reporting - Part 1

5. Public sector accounting and reporting - Part 2

6. Decision support

7. Auditing

Methods Of Instruction

Lectures and/or online.

Means of Assessment
Quizzes and/or Assignments and/or Project  30%
Midterm Examination  30%
Final Examination  40%
  Total

100%

 

 

 

 

 

Students must write both the midterm examination and the final examination to obtain credit for the course.

To pass this course, students must obtain a minimum of 50% on invigilated assessments, with the 50% calculated on a weighted average basis.

Invigilated assessments include, in-class quizzes, in-class tests, midterm exam and the final exam.

Students must write both the midterm examination and the final examination to obtain credit for the course.

Learning Outcomes

At the end of the course, the successful student should be able to:

1. Explain and understand typical authorities, governance and decision making, including stakeholders at all levels.

2. Explain and understand the planning and budgeting process and their components such as operating and capital budgets on an annual basis.

3. Prepare budgetary components for a program or division that will roll into a larger budget.

4. Prepare financial statements, notes and schedules for a public sector entity.

5. Demonstrate understanding of public sector accounting as a basis for reporting and the role of governments in this area.

6. Evaluate whether a government sponsored organization should be consolidated with its host governmental body.

7. Apply public sector GAAP to government transactions.

8. Use financial analysis and performance measurement techniques to assess the financial strength of public sector agencies and how this compares to for profit companies.

9. Describe the concept of public sector auditing and accountability to the stakeholders.

10. Analyse financial and internal controls in the public sector to identify weaknesses and recommend appropriate solutions.

11. Apply internal and external audit techniques in the public sector to assess value for money.

 

Textbook Materials

Textbook(s) and/or materials as approved by the department

Requisites

Prerequisites

ACCT 2320 with a grade of "C" or better AND (ACCT 3310 OR ACCT 3410 with a grade of "C" or better)

Corequisites

No corequisite courses.

Equivalencies

No equivalent courses.

Requisite for

This course is not required for any other course.

Course Guidelines

Course Guidelines for previous years are viewable by selecting the version desired. If you took this course and do not see a listing for the starting semester / year of the course, consider the previous version as the applicable version.

Course Transfers

Institution Transfer Details Effective Dates
Athabasca University (AU) AU ACCT 3XX (3) 2018/01/01 to -
College of the Rockies (COTR) COTR ACCT 3XX (3) 2018/01/01 to -
Coquitlam College (COQU) No credit 2018/01/01 to -
Kwantlen Polytechnic University (KPU) KPU ACCT 3XXX (3) 2018/01/01 to -
Simon Fraser University (SFU) SFU BUS 2XX (3) 2018/01/01 to -
Simon Fraser University (SFU) SFU BUS 2XX (3) 2018/01/01 to -
University Canada West (UCW) UCW ACCT 4XX (3) 2018/01/01 to -
University of Northern BC (UNBC) UNBC COMM 3XX (3) 2018/01/01 to -
University of the Fraser Valley (UFV) UFV BUS 3XX (3) 2018/01/01 to -
University of Victoria (UVIC) UVIC COM 2XX (1.5) 2018/01/01 to -

Course Offerings

Winter 2021

There aren't any scheduled upcoming offerings for this course.