Covers how governments raise, spend, borrow, and manage public funds. Reviews federal, state, and local budget processes and introduces analytical techniques including basic spreadsheet skills, evaluating alternative revenue sources, revenue and expenditure forecasting, cost allocation, capital budgeting, cost-benefit analysis, discounting and present value, bond analysis, cash management and intergovernmental finance.
This course covers the fundamentals of accounting and finance for public and not-for-profit organizations. Through course readings, case studies, and short assignments, students learn how to use public sector financial information to inform decision-making. The first half of the course focuses on: operating budgets, cash budgets, capital budgets, and an introduction to accounting principles. Topics in the second half of the course include financial reporting, financial condition analysis, and unique aspects of accounting for public and not-for profit organizations.Read more about PUAF 688F: State, Local, and Non-Profit Financial Management