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Schedule

 Lesson 1: Introduction to Accounting and Financial Reporting for Governmental and Not-for-Profit Organizations

Time frame

Week 1

Readings

 

Assignments

  1. Complete Basic Steps in the Getting Started page.
  2. Participate in the course map activity.
  3. Participate and post a short bio in the Lesson 1 Self-Introduction discussion forum.
  4. Complete the required reading.
  5. Select the entity for the ACFR Analysis Project and submit the entity name by August 29.
  6. Submit the Weekly ACFR Assignment for Lesson 1: Examine the ACFR. Complete Items a, b, and c. Write a three-page double-spaced summary of the Introductory Section, Financial Section, and Statistical Section. 
 Lesson 2: Financial Reporting of State and Local Governments

Time frame

Week 2

Readings

 

Assignments

  1. Submit the Weekly ACFR Assignment for Lesson 2: Examine the ACFR. Write a three-page double-spaced summary of Analysis Items in a–d.
  2. Identify the local governemnt meeting that you will attend during this smester. The submission approval is due by the end of Lesson 4. 
 Lesson 3: Principles of Accounting and Reporting for State and Local Governments

Time frame

Week 3

Readings

 

Assignments

  1. Submit the Weekly ACFR Assignment for Lesson 3: Examine the ACFR. Complete Questions a–f. Write a three-page double-spaced summary.
  2. Work on the problem in 2-21: Major Funds, and submit your memo to Lesson 3 Major Funds: Memo to the City Manager.
  3. Work on Lesson 3 Research Case—Financial Reporting Model.
 Lesson 4: Operating Statement Accounts: Budgetary Accounting & Modified Accrual Accounting

Time frame

Week 4

Readings

 

Assignments

  1. Work on Self-Check Exercise on Budgetary Control.
  2. Submit the Weekly ACFR Assignment for Lesson 4: Examine the ACFR. Write a three-page double-spaced summary of your responses to Items in a–c.
  3. Participate in Lesson 4 Discussion on Defunding the Police.
  4. Work on the problem in 3-21: Budgetary Control over Expenditure, and submit your responses to Lesson 4: Budgetary Control over Expenditure assignment. 
  5. Work on Lesson 4 Research Case—Budgetary Comparison Statements.
  6. Submit the Local Government Meeting Appvoal.
 Lesson 5: Accounting for Governmental Operating Activities

Time frame

Week5

Readings

 

Assignments

  1. Work on Self-Check Exercise on Permanent Fund.
  2. Submit the Weekly ACFR Assignment for Lesson 5: Examine the ACFR. Write a three-page double-spaced summary of your responses to Instructions in a–c.
  3. Work on Lesson 5 Analyzing Budget and Actual Data.
  4. Start the Data Analytics Project and complete it by the end of Lesson 6.
  5. Submit the bibliographic materials selection and direction for ACFR by Septemer 24.
 Lesson 6: Accounting for General Capital Assets and Capital Projects

Time frame

Week 6

Readings=

 

Assignments

  1. Submit the Weekly ACFR Assignment for Lesson 6: Examine the ACFR. Write a five-page double-spaced summary of your responses to questions in a, 1–3 and b, 1–4.
  2. Work on the problem in 5-24: Statement of Revenues, Expenditures, and Changes in Fund Balances.
  3. Complete the Data Analytic Project. 
 Lesson 7: General Long-Term Liabilities and Debt Service

Time frame

Week 7

Readings

 

Assignments

  1. Submit the Weekly ACFR Assignment for Lesson 7: Examine the ACFR. Write a five-page double-spaced summary of questions in a, 1–4 and b, 1–3.
  2. Work on the problem in 6-15: Evaluating Legal Debt Margins, and submit your comparison and analysis to Lesson 7 Evaluating Legal Debt Margins assignment. 
 Lesson 8: Accounting for Business-Type Activities of State and Local Governments

Time frame

Week 8

Readings

 

Assignments

  1. Submit the Weekly ACFR Assignment for Lesson 8: Examine the ACFR. Write a five-page double-spaced summary of questions in a, 1–4 and b, 1–3.
 Lesson 9: Accounting for Fiduciary Activities of State and Local Governments

Time frame

Week 9

Readings

 

Assignments

  1. Submit the Weekly ACFR Assignment for Lesson 9: Examine the ACFR. Write a three-page double-spaced summary of your responses to Instructions in a–e.
 Lesson 10: Analysis of Governmental Financial Performance 

Time frame

Week 10

Readings

 

Assignments

  1. Submit the Weekly ACFR Assignment for Lesson 10: Examine the ACFR. Write a five-page double-spaced summary of your responses to Questions in a–f.
 Lesson 11: Budgeting and Performance Measurement

Time frame

Week 11

Readings

 

Assignments

  1. Work on Exercise in 12-15, and submit a five-page double-spaced summary of questions on 527-528.
  2. Submit Local Government Meeting Reflection Paper.
 Lesson 12: Wrap-Up

Time frame

Week 12

Readings

 

Assignments

  1. Review the focus of the course and the key concepts/issues in each lesson.
  2. Continue to work on MD&A and ACFR Projects.
 MD&A Analysis Project

Time frame

Week 13

Readings

  • None.

Assignments

  1. Submit Project Part: MD&A Aalysis. The analysis must be 10 pages with at least six references (12-point font and double-spaced).
 Preparation for ACFR project

Time frame

Week 14

Readings

  • None.

Assignments

  1. Continue to prepare for ACFR Project.
 ACFR project

Time frame

Week 15

(See the note on the submssion date). 

Readings

  • None.

Assignments

  1. Complete Project Part B: ACFR paper. The paper must be 10 pages with at least six references (12 Font and double-spaced).
  2. This course utilizes finals week. Submissions of the ACFR Paper are due by 5 p.m. (ET) on the first day of finals week.

     


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