Intermediate Govt. Accounting

Yakima, WA
Friday, October 13, 2017
Intermediate Govt. Accounting
Friday, October 13, 2017 8:00 AM - 5:00 PM (Pacific Time)

Hilton Garden Inn
401 E Yakima Ave
Yakima, WA 98901
United States

Map and Directions

Presenter(s): Sue Iverson; Tom Kelly

CPE: 8 hours
Registration fee: $125 (includes lunch)

This class will include:  GAAP; fund accounting; capital assets; basis of accounting; budgetary accounting; and financial reporting.  It includes the conversion of fund financial statements to government-wide financial statements and fund balance designations.  This class assumes individuals have an understanding of basic governmental accounting or limited accounting training. 



Section 1:            OVERVIEW AND INTRODUCTION


Section 2:            THE GASB AND AUTHORITATIVE HIERARCHY OF GOVERNMENT ACCOUNTING AND FINANCIAL REPORTING


Section 3:            FUND ACCOUNTING


Section 4:            THE CLASSIFICATION OF GOVERNMENT TRANSACTIONS


Section 5:            GOVERNMENTAL FUND TYPES


Section 6:            PROPRIETARY FUNDS


Section 7:            FIDUCIARY FUNDS


Section 8:            THE REPORTING ENTITY


Section 9:            BASIC STRUCTURE OF FINANCIAL REPORTING


Section 10:          THE BASIC FINANCIAL STATEMENTS


Section 11:          BUDGETARY ACCOUNTING AND FINANCIAL REPORTING


Section 12:          NOTES TO THE BASIC FINANCIAL STATEMENTS


Section 13:          CONVERTING DATA FROM FUND FINANCIAL STATEMENTS TO GOVERNMENT-WIDE FINANCIAL STATEMENTS


Appendix A:       CITY OF ARDEN HILLS, MINNESOTA FINANCIAL STATEMENTS


APPENDIX B:      MAJOR FUND CALCULATION


APPENDIX C:      GOVERNMENT-WIDE CONVERSION

There are many exercises in this class so the participant really understands the difference between private sector and public sector (FASB & GASB).  It is like an intermediate accounting course – only heavily focused on governmental – modified accrual accounting and enterprise accounting.  This course will take participant through the financial statements and the conversion to government-wide statements.  Hands on and a good foundation on governmental accounting and the differences between private and public sectors and “why”.

Parking isCounty Parking Garage: 3020 Oakes Ave., Everett, WA 98201
 

Contact Information

  • Coordinator(s):
    Carmen Hayter
    Sr. Finance Manager-Yakima County Pub Svcs

    Registration questions: