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Essentials of College and University Accounting: A Reference Companion to NACUBO's Online Self-Study Course

NC3078, Book-Softcover, 126 pages, 2006

Member:  $29.95; Bulk: $25.00
Non-Member:  $40.00; Bulk: $34.00

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This reference guide presents the basic accounting concepts, terminology, and definitions used by colleges and universities. The guide, a companion to NACUBO's online self-study course of the same name or a standalone reference, compares college and university accounting concepts to those in the commercial sector; explains fund accounting and defines activity groups; describes the three main financial statements and their relationship to institutional accounting; discusses basic institutional accounting transactions and their impact on the financial statement; and highlights the differences that result from the application of accounting standards relevant for public and for independent colleges and universities.

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