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 component units, Management Discussion & Analysis (MD&A), and the Annual Comprehensive Financial Report. 

Agenda:

• Background on Differences (p. 5)
• Basics of Financial Reporting (p. 19)
• Financial Reporting Requirements (p. 49)
• Annual Comprehensive Financial Report (p. 130)