Accounting (ACCT) 245
Accounting for Managers of Not-for-Profit Organizations (Revision 3)
Revision 3 closed, replaced by current version.
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Delivery Mode:Individualized study online or grouped study.**
Credits:3
Area of Study:Applied Studies
(Business and Administrative Studies)
Prerequisite:None. While no prerequisite is required, familiarity with accounting concepts and accounting statements is recommended.
Precluded Course:ACCT 250. ACCT 245 cannot be taken for credit if credit has already been granted for ACCT 250.
Centre:Faculty of Business
ACCT 245 has a Challenge for Credit option.
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**Note:Students registering in grouped study, or grouped study international mode are advised that there may be some differences in the evaluation and course materials information indicated below. To obtain the most up-to-date information, contact the Faculty of Business Student Support Centre at 1-800-468-6531.
Overview
This course is intended to provide managers and potential managers an overview of the subject of accounting. Students will learn financial and managerial concepts with an emphasis on management control in not-for-profit organizations. The course begins with the characteristics of not-for-profit organizations and the management control function. It then examines the nature and purpose of financial statements and introduces fund accounting. The course concludes with coverage of full cost accounting, the measurement and use of differential costs, and pricing decisions.
Outline
Lesson 1: Introduction to Not-for-Profit Accounting
Lesson 2: Management Control Function
Lesson 3: Basic Principles of Financial Accounting
Lesson 4: Interpretation of Financial Statements
Lesson 5: Introduction to Fund Accounting for Not-for-Profit Organizations
Lesson 6: Full-Cost Accounting
Lesson 7: Measurement and Use of Differential Costs
Lesson 8: Pricing Decisions
Evaluation
To receive credit for ACCT 245, you 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% |
To learn more about assignments and examinations, please refer to Athabasca University's online Calendar.
Note: The final examination for this course must be taken online at an invigilated location. It is your responsibility to ensure a computer with an Internet connection and Internet Explorer 7.0 or higher is available for your use at the invigilation centre.
Course Materials
Textbook
Anthony, R. N. & Young, D. W. (2003). Management control in nonprofit organizations (7th ed.). New York: McGraw-Hill/Irwin. ISBN 0-07-250825-6
Other Materials
The course materials package also includes a reading file. All other materials will be available to students online.
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.
Opened in Revision 3, August 2003.
View previous syllabus
Last updated by SAS 02/04/2016 08:34:06
