Course Syllabus
ORG401: Nonprofit Financial Accounting
Instructor & Contact Information
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Course Description
This course introduces students to the concepts and principles of nonprofit financial accounting. Students will explore strategies for financial accounting, including basic planning and management principles. The course will also cover underlying organizational issues involved with planning and finances, including in-depth analysis of the organization’s financial planning process and audit. Finally, it will cover how organizational ethics, norms, strategic planning and direction influence their funding and ability to meet their financial goals as well as their donors' needs.
Course Outcomes
After completing this course, you will be able to:
- Identify information for reporting to organization’s stakeholders
- Review, interpret and evaluate nonprofit financial data
- Apply the process for creating financial statements
- Access the importance of ethics and accountability in nonprofit financial accounting
- Prepare and explain nonprofit financial statements
Degree Program Outcomes
Degree outcomes are the overall skills and knowledge we expect you will have after successfully completing a degree program at City Vision University. This course supports the following program outcomes, marked with an asterisk (*). After completing the degree, you will be able to do the following in each of the listed domains:
- Nonprofit Structure. Apply the roles and responsibilities of a nonprofit board of directors and the management team to provide governance and leadership to the nonprofit organization.
- Finances. Apply basic accounting and budgeting principles in order to successfully manage the finances of a nonprofit organization.*
- Fundraising/Marketing. Apply basic marketing, communication and fundraising strategies in operating a successful nonprofit organization.
- Nonprofit management. Apply nonprofit management principles related to program development, ethics, decision-making and nonprofit legal and regulatory requirements.
- Human resources. Apply the essential elements of nonprofit human resource management including volunteer management, hiring, firing, supervision and legal considerations.
- Vocation. Create a synthesis of a reflective life vision and plan to enable 24/7 ministry based on God’s purposes for work and their own unique calling.
- Cross-Cultural Ministry. Develop plans to apply cross-cultural principles toward effective ministry across diverse cultures.
Required Texts
Students are required to purchase these texts before the first day of classes.
- McLaughlin, T. A. (2016). Streetsmart Financial Basics for Nonprofit Managers (4 edition). Hoboken: Wiley.
Guidelines for Written Work
All written work must follow our Writing Format and Forum Requirements. You must read these to understand how to cite sources appropriately.
Critical Policies to Read for This Course
Note: These policies are critical for all students to read. In case of change, we have linked to the versions on our website to make sure you have the latest version.
Additional Policies:
This syllabus is subject to change without notice up until the first day of the semester. Last updated: August 31, 2022
Course Summary:
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