Introduction to Governmental Accounting

Overview

Governmental accounting is very unique. This course will introduce the financial reporting basics for governments, including fund accounting and the modified accrual basis of accounting. Attendees will analyze the layouts of the fund financial statements as well as the government-wide financial statements. The course will also cover the concept of component units, Management Discussion & Analysis (MD&A), and the Annual Comprehensive Financial Report.

Highlights

• Fund Accounting
• MD&A
• ACFR

Prerequisites

None

Designed For

Practitioners new to governmental accounting

Objectives

• Describe the unique accounting principles and transactions applicable to governmental entities

Preparation

None