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Ch 4: Nonprofit & College Accounting

About This Chapter

This useful chapter examines accounting concepts pertaining to nonprofit organizations, colleges and universities. You can access the chapter's lessons and quizzes whenever you need to boost your accounting knowledge for upcoming exams, assignments and more.

Nonprofit & College Accounting - Chapter Summary

Inside this self-paced accounting chapter, you'll find a series of short lessons that examine a variety of nonprofit and college accounting topics. Our expert instructors will help you understand nonprofit and college accounting principles, issues and funds, as well as university/college financial statements, transaction journals and net assets. Take the included quizzes to help make sure you retain the information you study. The chapter concludes with a comprehensive exam, and our instructors are available to answer any accounting questions you may have. When you're finished, you'll be able to:

  • Recognize different types of not-for-profit organizations
  • Summarize accounting principles for nonprofit organizations
  • Evaluate common accounting problems in nonprofit universities, colleges and healthcare organizations
  • Interpret the financial statements and transaction journals of nonprofit colleges
  • Analyze net assets and financial statements for nonprofit universities
  • Describe various types of university funds
  • Explain how colleges and universities deal with funds in accounting
  • Identify types of nonprofit healthcare funds

Final Exam
Accounting 304: Advanced Accounting II
This course currently has no final exam ready
Chapter Exam

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