Fund accounting and reporting intricacies are decoded for accounting professionals and auditors who work with state and local governments.
Learning Objectives
- Learning Outcomes
- Recognize unique aspects of the governmental accounting environment.
- Identify the governmental fund types, categories, and purposes.
- Identify the appropriate MFBOA to fund accounting and reporting.
- Recognize how to classify, measure, and report governmental revenues and expenditures.
- Recognize the financial reporting structure used by governments.
- Identify the format and reporting requirements for government-wide financial statements.
- Recognize special purpose governments.
- Identify the impact of capital assets and long-term liabilities at the fund reporting level as well as government-wide financial statement level.
