Nonprofit and Governmental Accounting | Harvard University
This course introduces the fundamentals of accounting and finance associated with governmental and nonprofit organizations. It emphasizes the issues related to fund accounting including general and special revenue funds, debt service funds, capital project funds, internal service funds, and enterprise and fiduciary funds. It emphasizes the issues related to net asset accounting including unrestricted net assets and restricted net assets (temporarily and permanently restricted). A detailed review of the complete preparation of financial statements for both governmental and nonprofit organizations is a core concept in the course. There is a review of the concepts associated with long-term debt and fixed-asset accounting, planning and control of cash and temporary investments, budgeting and budgetary control, management control and financial reporting, strategic planning, program analysis, measurement of output, reporting on performance, external auditing cost determination, and tax levies.
Course Page
