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22WC-1073: Basic Concepts of Governmental Accounting, Financial Reporting and Auditing (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Tuesday, January 10, 2023
10:00am - 5:30pm Central Time
8 CPE (8 technical)

Alternate dates & more options

  • Wednesday, March 20, 2024 - Webinar

Review governmental accounting and financial reporting, including auditing, internal controls, and governmental fund accounting and budgeting. Understand GASB pronouncements, especially GASB 34; review published financial reports to strengthen your learning; and examine a case study of a California city that will emphasize the governmental accounting and financial reporting model. Also, review the new GASB Pension and OPEB Standards with class exercises that take the actuarial accounting valuations to financial reporting and to note disclosures.

Major subjects

  • 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
  • GASB Pension and OPEB Standards including the "Implicit Rate Subsidy"
  • Update GASB's Exposure Draft on Financial Reporting Model Improvements

Learning objective(s)

  • 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, Basic Financial Statements -- and Management's Discussion and Analysis -- for State and Local Governments.
  • Recognize governmental auditing issues, including risk assessment and internal controls and the Financial Reporting Entity.
  • Determine requirements for compliance audits.
  • Review separate standards between governmental and business accounting and financial reporting.

Who should take this program?

Professionals in Government and Public Accounting.

Fees

Our records indicate you are a nonmember. If you register, you will be charged $389.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
Standard Member Fee $289.00
checkmarkStandard Nonmember Fee $389.00

More program information

Location Online
Area
of study
Government
Field(s)
of study
Accounting (Governmental) - Technical (8.0)
Level Basic
Format Group Internet Based
Sponsor CalCPA Education Foundation
NASBA ID#: 104822
Prerequisites Prereq. None
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business days before the event start date. Learn more

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If you have questions about this event, please call us at 952-831-2707.