CCOG for BA 240 Spring 2024

Course Number:
BA 240
Course Title:
Nonprofit Financial Management and Accounting
Credit Hours:
Lecture Hours:
Lecture/Lab Hours:
Lab Hours:

Course Description

Develops conceptual foundation underlying the financial management and accounting procedures, records and statements for non-profit organizations. Prerequisites: (WR 115 and RD 115) or IRW 115 and MTH 20 or equivalent placement, and BA 111 or BA 211 or equivalent. Audit available.

Addendum to Course Description

Credits will be acceptable as required and/or elective credits for Portland Community College’s Business Administration and Business Technology Certificates or Degree Programs.   

Intended Outcomes for the course

Upon successful completion of Nonprofit Accounting and Finance, the student will be able to:
• Apply key concepts of fiscal management, policies and internal controls in an entry-level accounting position with a nonprofit entity.
• Apply basic concepts of budgeting and fund accounting as they relate to nonprofit entities.
• Communicate effectively through the preparation and interpretation of nonprofit financial reporting.

Outcome Assessment Strategies

Students will be expected to demonstrate knowledge of the concepts described in the required competencies by any combination of the following: 

  • Attendance and participation in class activities
  • Portfolio of completed and corrected homework problems   
  • Presentations   
  • Individual or group projects   
  • Completion of assessment or certification-style examinations 

Course Content (Themes, Concepts, Issues and Skills)

  • Themes, Concepts, Issues:  
  • Planning
  • The governmental environment
  • Financial Statement Reporting
  • Fund Accounting
  • Budgetary Planning
  • Short Term financing
  • State and local reporting requirements
  • Risk and Return
  • Capital Budgeting
  • General Fixed Asset Accounting
  • Long Term Debt Accounting
  • Critical Thinking
  • Effective Written and Oral Communications
  • Ethical Conduct 

Competencies and Skills:

  • Demonstrate understanding of the governmental and non-profit function 
  • Demonstrate understanding of the goals of governmental accounting
  • Identify the basic types of government funds  
  • Perform analytical reviews of governmental financial reports   
  • Identify sources governmental revenues   
  • Demonstrate knowledge of the budgetary process
  • Demonstrate knowledge of basic governmental and non-profit vocabulary
  • Recognize the importance of ethics