General description
Course Description: The course deals with the basic concepts related to accounting, including preparing accounting entries and financial statements such as the financial position statement, income statement, and cash flow statement, with a focus on the differences between the nature of these lists in profit-making organizations and non-profit organizations.
Learning outcomes: At the end of this course the student will be able to:
- Prepare accounting entries related to non-governmental organizations
- Organize financial statements consistent with approved accounting standards
- Classify the various costs associated with the work of NGOs
- Analyze the break-even point of expenses and revenues achieved by non-governmental organizations
- Understand the mechanisms of accounting auditing and adheres to the requirements of international auditing standards
- Understand the tax aspects associated with NGO activities
Resources:
- Electronic libraries of Syrian Virtual University
- Libraries of the Faculties of Economics at Syrian universities
- Al-Assad National Library
Suggested Readings
- Weikart, L. A., Chen, G. G., & Sermier, E. (2012). Budgeting and financial management for nonprofit organizations. CQ Press.
- Cazenave, B., & Morales, J. (2021). NGO responses to financial evaluation: auditability, purification and performance. Accounting, Auditing & Accountability Journal.
- Agyemang, G., O’Dwyer, B., & Unerman, J. (2019). NGO accountability: retrospective and prospective academic contributions. Accounting, Auditing & Accountability Journal.
- Savio, R., A., Kassaye, T.,F., and Kumaravelu, S., V. (2017), Financial Accounting, Reporting and Analysis Practices of NGOS, LAP LAMBERT Academic Publishing.