Accounting Specialist Certificate Program 

Accounting for Governmental and Nonprofit Organizations

Compare the characteristics that distinguish governmental and not-for-profit entities from for-profit entities

Apply the key concepts and terms used in describing the governmental reporting entity

Identify and explain contemporary financial reporting issues

Utilize benchmarks and performance measures to evaluate NPOs

Prepare financial statements using SFAS No. 117

Auditing

Demonstrate professional ethics

Distinguish the authoritative bodies responsible for setting auditing standards, attestation standards, and quality control standards

Apply the scope of legal liability inherent in the practice of accounting

Utilize the procedures necessary to complete an audit, including an evaluation of audit findings and the auditor’s post-audit responsibilities

Describe standard audit reports for public and non-public entities, including available options for audit opinions

Ethics in Accounting

Evaluate and manage unethical accounting and taxation practices by organizations and individuals

Apply ethical standards per the State Board of Accountancy

Practice accounting through professional rules of conduct

Analyze unethical behavior including greed, fraud and corruption

Financial Statement Analysis

Individual Income Taxation

Apply the fundamentals of federal income taxation

Have a fundamental understanding of the basic philosophy of taxation

Identify taxable income

Estimate allowable deductions and prepare a moderately complicated personal income tax return