Reference no: EM131569832

Problem -

These course exposes students to governmental and not-for-profit accounting practices, in the areas of financial analysis and planning, accounting for general capital assets and capital projects, and long term financing and routine governmental bookkeeping.

Course Objectives: Analyze accounting and reporting requirements for not-for-profit organizations.

Evaluate specific transactions related to not-for-profit organizations.

Identify specific transactions related to governmental entities.

Improve research and oral and written communication skills, and reinforce ethical and professional business conduct.

Understand accounting and reporting requirements for governmental entities.

1. How will accomplishing these objectives support your success in accounting?

2. What risks or challenges might an accountant encounter if they have not mastered these objectives? Explain.