MyWSCPA | Contact Us |News & Commentary
Fundamentals of Governmental Accounting and Reporting

Fundamentals of Governmental Accounting and Reporting

Quick Overview
If you are new to the governmental arena or need a refresher to keep up with changes, this is the course for you. Featuring the foundational tenets of governmental accounting and reporting in today 's environment, this course covers more than just buzzwords. Including real-life examples of CAFR and financial statements and updates of recent GASB standards, this course offers underlying concepts and shows you how they are applied.

Credits - 8.00
Cart
My Cart

Price: 189.00
Required

Author(s)

Bruce Chase, Ph.D.

Field(s) of study

Accounting (Governmental)

Level of difficulty

Basic

Topics discussed

The governmental environment and GAAP, Fund accounting and the financial reporting model, Budgeting, MFBA, Revenues and expenditures, Governmental, proprietary, and fiduciary funds, Government-wide financial statements, CAFR, Special purpose governments, Deferred outflows of resources and deferred inflows of resources

Objectives

Define unique aspects of the governmental environment, Define the governmental fund types and fund categories, Apply the appropriate MFBA (Measurement Focus and Basis of Accounting) to fund accounting and reporting, Classify, measure and report governmental revenues and expenditures, Understand the financial reporting structure used by governments, Define the format and reporting requirements for government-wide financial statements, Distinguish special purpose governments, Identify the impact of capital assets and long-term liabilities at the fund reporting level as well as the government-wide financial statement level

Designed for

Accounting and finance professionals working in the state and local government environment and auditors with state and local government clients who seek a refresher in fundamental government accounting and reporting concepts