UNIVERSITY OF TEXAS AT DALLAS

SCHOOL OF MANAGEMENT
Course: AIM 6365
Governmental and Nonprofit Accounting
Spring 2006
Instructor: Liliana Hickman-Riggs, CPA CITP CMA CIA CFE FCPA DABFA MS

Item Phone Location

Campus 972 883-5903 SOM 4.228
Business 214 378-5400 (# to call for a timely answer)
Fax 469 232-0768
Email llh017100@utdallas.edu and
liliana@accounting.net
Office Hours Tuesday 5:30 - 6:45 PM
Friday 5:15 - 6:15 PM or by appointment
Website http://www.utdallas.edu/~llh017100/
Course Credits Time/Day
AIM 6365 501 10102 3 credit hours Friday 6:30-9:15 pm SOM 1.212
Textbook Internet Access
Wilson, Kattelus, Hay, Accounting for Governmental and http://www.mhhe.com/wilson13e
Nonprofit Entities 13th Edition, Irwin McGraw-Hill
Miscellaneous Information
Last day to drop the course with a "W": March 24, 2006

COURSE REQUIREMENTS: 1. Two closed examinations

2. Problems
3. Case
4. Project: The City of Smithville

COMMENTS:
Accounting for Governmental and Nonprofit Entities is a challenging course, which can add vastly
to your knowledge. You must devote adequate preparation time in order to complete the course
successfully. If you are having difficulty with the topics presented, please see me at the earliest
opportunity. The Governmental Nonprofit portion on the CPA exam is worth 20+ points and it is
tested on the Financial Accounting and Reporting section.

METHOD OF PRESENTATION:
The theory and philosophy of accounting for Governmental and Nonprofit entities will be presented
through lectures, handouts and overhead transparencies as needed. The student’s participation is
essential.
ACADEMIC ETHICS:
All students are expected to behave in accordance with the academic integrity policy of The
University of Texas at Dallas. A student's personal integrity is essential to successfully completing
this course.

ASSIGNMENTS:
Text chapter assignments are indicated on the attached schedule. Chapter reading should be
completed in a timely manner. Work as many of the problems, cases and exercises as you can to
better understand the material. Although many of the exercises and problems will be used to
illustrate major points during the class lectures, the ultimate responsibility rests with you.

ATTENDANCE: Required at all classes.

EXPECTATIONS:
My expectations of you are the following:

I expect you to obtain an understanding of the nature of governmental entities as well as to

understand how the activities in a nonprofit business organization and be able to discern the
motive rules and accounting that govern these entities. I also expect you to focus on the audit
part of these entities and be well aware of the increased responsibilities of the auditor under
GAAS, GAGAS, and SAA.

I will hold you responsible for a thorough understanding of all material presented in class as well as
all text material, any additional handouts that I may provide, and any assigned material. The
knowledge you will need in this class will not accrue only from your textbook. I expect you to
perform research and acquire knowledge or information to supplement the issues presented or
discussed in class. I expect you to participate.

My responsibilities:

Ø I will prepare diligently. I will introduce the concepts and mechanics with examples and
lectures. I will also go over selected problems to help you become comfortable with the
material. I will use a mixture of lecture and problem solving, analysis and common sense.
Ø I will always make time to answer your questions.
Ø I will ensure an equitable distribution of “air time” for your comments and questions so that
you will perceive yourself as an equity holder in the learning process.
Ø I will motivate you to prepare for class and offer you a structured and organized framework
that fosters learning and growth.

RULES OF CONDUCT:
a) I expect you to be present in class.
b) Any time you are not in class, your learning will suffer. I am not addressing those of you
who have the occasional business requirement to travel or to work late. I am referring to
multiple absences. They will have an adverse impact on your grade.
c) You will be required to participate in the solution of the problems. A silent, non-participatory
approach is not acceptable.
d) I expect you to do as you do in the business world; seek help and advice when necessary,
and provide help and advice when asked.
EXAMINATIONS:
There will be two closed book, closed notes examinations, each covering the corresponding
chapters in the schedule. Exam dates are firm. Each test is a combination of problems, matching
questions, communication (essays) and MC.

Grading Scale: Minimum Value: A 270, B 240, C 210

Two closed books and closed notes examinations:

Midterm exam 100
Final exam 100
Case 20
Problems (3) 30
Project 50
Total possible points from requirements 300

Problems:
Must be submitted via WebCT by midnight of the due day. Webct will acknowledge the receipt
of your assignments and I will correct your work at a later time. Be careful, strange things tend to
happen in cyberspace. If you have any problems, please contact me.

PROJECT:
The City of Smithville (included with the text) is a computerized accounting system that will allow
you to record transactions into appropriate journals of a city, post in the ledgers and prepare
financial statement from the data. You will present for grading the complete work done in
paper form and in CD/Diskette form.

CASE: MAKE A WISE INVESTMENT

The case should be centered on the analysis and “credit worthiness” evaluation of an annual report
of the city of your choice considering the possibility that you are about to invest $1,000,000 of
your own money in general obligation bonds of the governmental unit. You should prepare
a 3 to 5 page paper along with must have data displays to support the conclusions reached.
The work will be evaluated based upon integration of accounting knowledge, written
communication skills, and critical thinking skills demonstrated by the author. Also, remember to
include only the essential CAFR elements necessary to help me evaluate your work.

GRADING CRITERIA for the Case: Make A Wise Investment:

The analysis will be graded based on the following criteria:

1. Mastery of Accounting Concepts

Thorough understanding of Accounting Principles, GASB standards, and their applications.
2. Responsiveness to the Assignment
Assignment directly and completely accomplished in an exceptional manner.
3. Appropriateness for the Audience
Effective point of view, tone, attitude toward content.
4. Coherent Organization
5. Critical Supporting Analysis
The main points of the paper are supported by relevant and specific details.
6. Clarity and Conciseness
Clear, efficient well constructed sentences with specific appropriate vocabulary.
7. Correct Use of Mechanics
English is characterized by correct adherence to conventions of grammar, capitalization,
spelling and usage
8. Citation and Documentation
Clearly incorporates material into the paper, documents sources accurately.
9. Visual Presentation
Graphics, charts, and visual aids are effectively used to enhance contexts.
10. Overall Evaluation
The paper accomplishes the purpose of the assignment. The writer keeps a narrow
focus on the topic while providing the reader a broad exposition on the subject.

Other Additional Observations deemed critical by the instructor.

AMERICANS WITH DISABILITIES ACT COMPLIANCE:

It is the policy of The University of Texas at Dallas to provide reasonable accommodations for
qualified individuals who are students with disabilities. This University will adhere to all applicable
Federal, State and local laws, regulations and guidelines with respect to providing reasonable
accommodations as required to afford equal educational opportunity. It is the student's
responsibility to contact the faculty member and/or the Service for Students with Disabilities in a
timely manner to arrange for appropriate accommodations
 Accounting 6365 Governmental and Nonprofit Accounting Schedule Outline
Spring 2006
(Modifications on timing and assignments will be made if necessary at the discretion of the instructor)
MONTH DAY SUBJECT MATTER HOMEWORK
Jan 13 Introduction of the course & Chapter 1

20 Chapter 2 2 – E 1, 2, 4
Chapter 3 General fund, Operating & budgetary accounting (Part 1) 3 – E 2, 3, 4, 7

27 Chapter 3 General fund, Operating & budgetary accounting (Part 2) 3 – E 2, 3, 4, 7

Chapter 4 Operating activities (Part 1) 4 – E 2, 3, 4, 5, 7, 8

Feb 3 Chapter 4 Operating activities (Part 2) 4 – E 2, 3, 4, 5, 7, 8

Chapter 5 Special Revenue fund General Capital Assets, Capital 5 – E 1, 2, 3, 4, 7
Project fund
Problem 1 due by February 9, 2006
10 Midterm Exam (Part A) Chapters 1-5 MC only Please bring Scantron Form 882-E

17 Chapter 6 Debt Service Fund 6 – E 2, 7, 9

Chapter 7 Internal Service & Enterprise fund 7 – E 2, 3, 4

24 Chapter 8 Fiduciary funds 8 – E 2, 3, 5, 7, 10

Problem 2 due by March 12, 2006
March 3 Midterm Exam (Part B) Chapters 6-8 MC and Chapters 1-8 Problems
Please bring Scantron Form 882-E
SPRING BREAK – NO CLASS
17 Chapter 10 Performance Analysis 10 – E 1
Chapter 11 Audits of Governmental 11 – E 1, 2, 3, 4

24 Chapter 9 Financial Reports 9 – E 2, 3, 4, 5, 6, 7

31 Chapter 12 Reporting for Federal Government 12 – E 1

Chapter 13 Budgeting and Costing 13 – E 1
Chapter 14 Not for Profit Organizations (Part 1) 14 – E 1, 6, 7
Problem 3 due by April 6, 2006
Apr 7 Chapter 14 Not for Profit Organizations (Part 2) 14 – E 1, 6, 7
Chapter 15 NFP Organizations Regulatory Taxation 15 – E 1, 2, 4

14 Chapter 16 Colleges, Universities 16 – E 1, 2

Chapter 17 Health Care Organizations 17 – E 1, 7

21 Case and Smithville Project is collected (Paper and CD/Diskette)

28 Final exam, Chapters 9-17 Plus one long problem from chapters 1-8
Please bring Scantron Form 882-E