|Date(s):||April 29, 2014 - April 30, 2014
|Time:||Please arrive between 7:30 and 7:45 am for check-in. This is a 1 1/2 day class. Class will start at 8 am and end at 5 pm on the first day. Class on the second day will start at 8 am and end at 12 noon.|
Sorry, this class has already ended.
This course is designed for individuals with a basic understanding of governmental accounting and wish to expand their understanding of the principals and theory that supports the accounting activity.
Governmental accounting (fund accounting) continues to be a challenge due the fact that the function is continually changing and will continue to do so for several years to come. The course is designed to give the attendee a broader background and understanding of the fundamentals of fund accounting and related internal controls
In this course the individuals will be presented with background information for:
- A brief history of the generally accepted accounting standards that represent the framework for governmental accounting today
- An overview of governmental accounting
At the conclusion of this course, participants will be able to:
- Restate why the accounting structure is different from for-profit accounting,
- Summarize the fundamentals of funds, how they are structured, and the appropriate use of each,
- Describe revenue accounting, and financial reporting,
- Demonstrate expenditure (expense) accounting, and
- Develop and monitor internal controls.
- Navigate construction contracts to ensure your company/organization's interests are served.