Mobile Edition


Basic Concepts of Governmental Accounting, Financial Reporting and Auditing (4171646C)

 
Date:Wednesday, April 25, 2018
Time:11:30AM - 7:00 PM
(Registration at 11:00AM)
Facility:Webcast or Webinar, Online
CPE Credit:8.0 Accounting and Auditing
Instructor: Gary M. Caporicci
Vendor:California CPA Education Foundation
Course Level:Basic
Early Bird Price:$245.00 FICPA Members, $365.00 Non-Members

Description:

Gain a primer on governmental accounting and financial reporting by reviewing auditing and internal controls, as well as governmental fund accounting and budgeting. Understand GASB pronouncements, especially GASB 34; review published financial reports to strengthen your learning; and examine a case study on a California city that will emphasize the governmental accounting and financial reporting model.

In addition, review the six new GASB pension standards with a class exercise that takes the actuarial accounting valuation to journal entries, to reconciliations, to financial reporting and to note disclosures.



Objectives:
  • Identify the basics of governmental accounting and financial reporting, including a review of a Comprehensive Annual Financial Report.(CAFR)
  • Recall and review GASB Statement No. 34.
  • Recognize governmental auditing issues, including risk assessment and internal controls.
  • Determine requirements for compliance audits.
  • Determine the differences between governmental and business accounting.


Major Topics:
  • Governmental environment: cities, counties, special districts and other agencies
  • Fund accounting
  • Budgeting
  • GASB 34 accounting and financial reporting
  • Measurement focus and basis of accounting
  • Auditing of governments: risk assessment and evaluation of internal controls
  • AICPA Auditing Standards
  • Generally Accepted Accounting Principles for government
  • New GASB pension standards


Who Should Attend:

Professionals in government and public accounting who are interested in a basic understanding of governmental accounting and financial reporting and auditing.



Prerequisite:
None.

Advanced Preparation:
None.

Session/Options

If listed below, select the appropriate sessions or options to continue with your purchase.

Registration Status: CLOSED - Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.