Not-For-Profit and Public Sector Accounting
1. Governance and oversight
2. Financial statement concepts
3. Fund accounting
4. Deferral method, restricted funds and endowments
5. Registered charities
1. Governance and decision-making process
2. The planning and budgeting process
3. Operating and capital budgets
4. Public sector accounting and reporting
5. Decision support
Methods of instruction wil include some or all of the following:
- Online instruction
Evaluation will take place in accordance with the Douglas College Evaluation Policy.
Quizzes and/or Assignment(s) and/or Project(s) 30%
Midterm examination 35%
Final examination 35%
Students must write both the midterm and the final examinations in order to pass the course.
To pass this course, students must obtain a minimum of 50% on invigilated assessments, with 50% calculated on a weighted average basis. Invigilated assessments include, in-class quizzes, midterm examination and final examination.
Students may conduct research as part of their coursework in this class. Instructors for the course are responsible for ensuring that student research projects comply with College policies on ethical conduct for research involving humans, which can require obtaining Informed Consent from participants and getting the approval of the Douglas College Research Ethics Board prior to conducting the research.
At the end of this course, the successful student will be able to:
1. Explain the process of setting up a not-for-profit organization and obtaining appropriate governmental approval.
2. Describe the basics of charitable and not-for-profit organizations.
3. Analyze the major financial reporting issues in not-for-profit organizations.
4. Explain and apply the basics of accounting for and reporting of contributions, restricted funds, deferred contributions and endowments.
5. Analyze and compare the process of measuring value and performance in not-for-profit organizations to for-profit organizations.
1. Explain governance and decision making, including stakeholders at all levels.
2. Explain the planning and budgeting process and their components such as operating and capital budgets.
3. Produce appropriate financial statements, notes and schedules applicable to a governmental body including consolidations.
4. Analyze performance results by using both financial and non-financial performance measurement techniques appropriate for various public sector organizations.
5. Describe the concept of public sector auditing and accountability to stakeholders.
6. Apply internal controls and external audit techniques to public sector organizations with a concern for value for money.
7. Use the CPA Canada Handbook and governmental regulations applicable to the appropriate sector.
Access to the CPA Handbook via the library
Textbook(s) and/or materials as approved by the department.
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.
These are for current course guidelines only. For a full list of archived courses please see https://www.bctransferguide.ca
|Institution||Transfer Details for ACCT 4280|
|Acsenda School of Management (ASM)||ASM GEN 4XX (3)|
|Alexander College (ALEX)||ALEX COMM 2XX (3)|
|Athabasca University (AU)||AU ACCT 4XX (3)|
|Camosun College (CAMO)||CAMO ACCT 230 (3)|
|Capilano University (CAPU)||CAPU BFIN 3XX (3)|
|Coast Mountain College (CMTN)||CMTN BADM 2XX (3)|
|College of New Caledonia (CNC)||CNC ACC 2XX (3)|
|College of the Rockies (COTR)||COTR ACCT 3XX (3)|
|Kwantlen Polytechnic University (KPU)||No Credit|
|LaSalle College Vancouver (LCV)||LCV BUS 2XX (3)|
|North Island College (NIC)||NIC BUS 4XX (3)|
|Okanagan College (OC)||OC BUAD 3XX (3)|
|Simon Fraser University (SFU)||SFU BUS 2XX (3)|
|Thompson Rivers University (TRU)||TRU ACCT 4XXX (3)|
|University Canada West (UCW)||UCW ACCT 4XX (3)|
|University of Northern BC (UNBC)||UNBC COMM 3XX (3)|
|University of the Fraser Valley (UFV)||UFV BUS 4XX (3)|
|Yorkville University (YVU)||No Credit|