SYLLABUS
ACCT 3300:  FINANCIAL MANAGEMENT OF NONPROFIT ORGANIZATIONS
Three semester hours
Semester II, 07-08

Instructor: Prof. Cindy Peck (office: Hardacre 102; phone: 4366; email: cjpeck)

Purpose of Course

This course concerns financial management and accounting for nonprofit entities.  Nonprofits will include coverage of voluntary health and welfare organizations, churches, and foundations.

The class components will include:

• Text readings and assignments
• Cases to give real-life scenarios
• Projects and assignments that encourage application and awareness of issues

Resources

Streetsmart Financial Basics for Nonprofit Managers, 2^nd edition, Thomas A. McLaughlin, Wiley 2002 (CD included)

Essentials of Accounting for Governmental and Not-for-Profit Organizations, 8th edition, Engstrom & Copley, McGraw-Hill Irwin 2007, chapters 10 & 12 [eBook]

Bah!  Humbug:  Why are so many charities ineffective?  The Economist, Dec. 4, 2007, on-line

The "Dogged" College Professor vs. The "King" of Charitable Giving:  A Lesson in Professional Stewardship from The Foundation for New Era Philanthropy, Logue, The Journal of Biblical Integration in Business, Fall 2000 pdf file

The Methodist Hospital System: Tax Exemption and Charitable Responsibilities of Not-for-Profit Hospitals, Bain et al, Issues in Accounting Education, Feb 2001 (provided)

Stay Exempt, IRS training course, on-line

Performance Measures for NPOs by Henderson et all, Journal of Accountancy, January 2002, on-line

Saving Souls and Selling Sandwiches: True Bethel Baptist Church, Perry Haan, The Journal of Biblical Integration in Business, Fall 2005 (provided)

Look out for Cletus William by McEldowney, Barton & Ray, The CPA Journal, December 1993, on-line

Evaluation

Homework, exercises, and cases	1/2	A =	93%	B-=	80%
Exams	1/2	A-=	90%	C+=	77%
		B+=	87%	C=	70%
		B=	83%	D=	60%

Student Responsibilities

You are expected to come to class prepared, having read assigned materials and done written work in a timely manner. Your input is critical to making the class interesting and valuable.

Assignments listed with an * should be completed using Word or Excel as appropriate. These should be emailed as attachments to the instructor by class time on the date listed in the syllabus. Answers to other assignments maybe submitted within the body of an email or written by hand and turned in during class.

Students who have special clinically based problems that might affect their performance in class should notify the instructor during the first week of school. Possible arrangements can be made to work closely with the Learning Center, a tutor, or special time by the instructor.

"Do you see a man skilful in his work?  he will stand before kings; he will not stand before obscure men."
Proverbs 22:29  RSV

DATE	ASSIGNMENT (subject to change)
Jan. 16	Introduction to course and syllabus
Jan. 18	Read Streetsmart chapter 1.  Do Stay Exempt.
Jan. 21	Read Streetsmart chapter 2.  Bring copy of FINTASKS.XLS from Streetsmart CD to class.
Jan. 23	Read Streetsmart chapter 3. In-class “quiz” over terms.
Jan. 25	Read Streetsmart chapter 4.
Jan. 28	In-class exercise on church financials.
Jan. 30	Read eBook chapter 10; chapter 6 of Streetsmart optional
Feb. 1	10-1 & 10-3
Feb. 4	10-2 & *10-5
Feb. 6	*10-12
Feb. 8	Read Streetsmart chapter 5
Feb. 11	Input data from 10-12 into *MESSAGES.XLS and *FINTOOLS.XLS
Feb. 13	Input data from nonprofit of your choice (see 10-5) into *MESSAGES.XLS and *FINTOOLS.XLS
Feb. 15	Exam 1
Feb. 18	New Era case A & postscript; *case questions pp. 119-120 (#1, 2 & 4) and p. 122 (#2)
Feb. 20	New Era cases B & C; *case questions pp. 138-139 (#3, 5 & 8) and pp. 146-148 (#1 & 5)
Feb. 22	Read Streetsmart chapter 7
Feb. 25	Case (handout)
Feb. 27	Read Streetsmart chapter 12
Feb. 29	Exercises (handout)
Mar. 3	Read Streetsmart chapter 13
Mar. 5	Read eBook chapter 12; 12-1
Mar. 7	Chapter 12 continued
Mar. 17	12-2 & 3
Mar. 19	*12-6
Mar. 26	Methodist Hospital case; *case question #1
Mar. 28	no class
Mar. 31	Methodist Hospital case; *case questions #2, 3, & 4
Apr. 2	report on Obama/Clinton/McCain views on healthcare reform
Apr. 4	Exam 2
Apr. 7	Read Streetsmart chapter 9; bring cash flow information from your nonprofit
Apr. 9	Read Streetsmart chapters 10 & 14
Apr. 11	Read Streetsmart chapter 11
Apr. 14	Read Streetsmart chapter 15
Apr. 16	Read Streetsmart chapter 17
Apr. 18	“Look Out for Cletus William”; *1 page summary and reaction
Apr. 21	Saving Souls *case questions (as assigned)
Apr. 23	*REDFLAGYELLOWFLAG.PPT and *FINANALYSISUSINGCALC.PPT (1/2 class)
Apr. 25	*REDFLAGYELLOWFLAG.PPT and *FINANALYSISUSINGCALC.PPT (1/2 class)
Apr. 28	Read Streetsmart chapter 18
Apr. 30	Read Performance Measures
May 2	Read Bah! Humbug
May 6	Exam 3 @ 11:40

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