5559 – Accounting and Auditing for Governmental Entities

3 credits. Lecture.

Elective

This course provides students with an understanding of how the characteristics and unique objectives of government entities are manifested in the accounting standards, audit procedures and disclosure requirements. Topics addressed include the different types of governance structures and related authority, purpose of the various governmental financial statements, basis of accounting and measurement focus of the various fund types, and certain financial statement disclosures.