This page contains content from the 2008–09 academic year. For current information, visit the Harvard Extension School website at www.extension.harvard.edu.
Fundamentals of Accounting and Finance for Governmental and Nonprofit Organizations
ACCT E-110
Fundamentals of Accounting and Finance for Governmental and Nonprofit Organizations (12602)
(Website)
James F. White, MS, Assistant Dean for Finance, Massachusetts Institute of Technology.
Course tuition: graduate credit $1,725. Limited enrollment.
Fall term:
Mondays beginning Sept. 15, 7:35-9:35 pm, 53 Church Street, Room L01.
Online and on-campus options. See Distance Education.
Lecture 1 video.
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 revenue funds, debt service funds, capital project funds, internal service funds, enterprise and fiduciary funds, long-term debt and fixed-asset accounting, and planning and control of cash and temporary investments. Other topics include budgeting, budgetary control and reporting, management control, financial reporting, budgeting and controlling operations, cost determination, strategic planning, program analysis, measurement of output, reporting on performance, full-accrual and modified-accrual accounting, cost determination, tax levies, auditing, and preparation of financial statements. Prerequisite: ACCT E-100 helpful but not required. (4 credits)