Accounting (ACCT) 245
Accounting for Managers of Not-for-Profit Organizations (Revision 2)

Revision 2 closed August 2003, replaced by current version.

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Delivery mode: Individualized study or grouped study
Credits: 3 - Applied Studies
Prerequisite: None
Precluded course: ACCT 250. ACCT 245 cannot be taken for credit if credit has already been granted for ACCT 250.
Centre: School of Business
Challenge for Credit: ACCT 245 has a Challenge for Credit option

>> Overview | Outline | Evaluation | Course Materials | Course Fees | Course Availability


Overview

Accounting 245 provides managers and potential managers an overview of financial and managerial concepts of accounting. With an emphasis on the health management field, the course covers management accounting: cost terms, cost behaviour, relevant information, and cost systems; the basics of the financial accounting cycle and the nature and purpose of financial statements, financial statement analysis techniques, fund accounting; and budgeting and responsibility accounting.

Outline

  • Introduction to Accounting
  • Cost Behaviour and Analysis
  • Cost Systems
  • Relevant Information and Special Decision Making
  • Basic Principles of Financial Accounting
  • Interpretation of Financial Statements
  • Introduction to Accounting for Not-for-Profit Organizations
  • The Budgeting and Planning Process
  • Management Control Systems and Responsibility Accounting

Evaluation

To obtain credit for Accounting 245, students must achieve a course composite grade of at least a "D" (50 percent) and a grade of at least 50 percent on the examination. Weighting of the composite grade is as follows:

Assignment 1 Assignment 2 Assignment 3 Final Exam Total
15% 15% 15% 55% 100%

Course Materials

Textbook

Horngren, Charles T., Gary L. Sundem, William O. Stratton, and Howard D. Teall. 1996. Management Accounting, 2d ed. Prentice Hall.

Other Material

The course materials also include a study guide, a student manual, and a solutions manual.

Athabasca University reserves the right to amend course outlines occasionally and without notice.
Courses offered by other delivery methods may vary from their individualized-study counterparts.

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This page was updated by G. Zahara