Studies the concepts, methods, and reporting issues in accounting for federal, state and local governments and for other nonprofit entities, including voluntary health and welfare agencies, hospitals, colleges and universities, and religious organizations. Provides an overview of some of the issues of management’s information requirements, the role of audit, taxation problems, budget management, forecasting, and analysis. This course will also cover the separation of duties, and the implementation of processes that are necessary to ensure optimal internal controls. Prerequisite(s): ACCTG 1A.