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Fundamentals of Governmental Accounting and Reporting: Fund Accounting and Financial Statements
Government
CPE Self-study

Fundamentals of Governmental Accounting and Reporting: Fund Accounting and Financial Statements

This course offers accounting professionals that work in state and local governments and auditors of those entities a foundation in fund accounting and reporting.

$109 - $139
Do you have an AICPA membership? Log in to apply your member discount.

Format

Online

NASBA Field of Study

Accounting (Governmental)

Level

Basic

CPE Credits

5.5

Author(s)

Bruce Chase

Availability

1 year

Product Number

GAFR22SSO

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 Business & partner 
Product Details

Fund accounting and reporting

Using funds

Understand how revenues and expenditures are recognized and recorded in governmental funds.

Understand how proprietary funds are used to account for a government’s business-type activities.

Understand how governments use funds to provide financial information and report the activities of assets held for others.

Learn how fund financial statements provide important information — how much was received, spent, and what remains — on how the separate components of a government performed for the year.

Who Will Benefit

  • Accounting and finance professionals working in the state and local government environment
  • Auditors with state and local government clients who seek a refresher in fundamental governmental accounting and reporting concepts

Key Topics

  • Fund accounting and the financial reporting model
  • Governmental, proprietary, and fiduciary funds
  • Fund financial statements

Learning Outcomes

  • Identify the governmental fund types and fund categories.
  • Identify how revenues and expenditures are recognized and recorded in governmental funds.
  • Recognize how proprietary funds are used to account for a government business-type activity.
  • Recognize how governments use trust and custodial funds to report the activities of assets held for others.
  • Identify how governments often make resource allocation decisions by fund, and how governments must provide financial information by funds in order to demonstrate accountability.
Credit Info
CPE Credits
Online
5.5
NASBA Field of Study
Accounting (Governmental)
Level
Basic
Prerequisites
None
Access
Online
This is a digital product. With full paid access the content will be available to you for 1 year after purchase date.
Yellow Book Hours
5
For more information, please refer to CPE requirements and NASBA sponsorship information
Pricing
Do you have an AICPA membership? Log in to apply your member discount.
Nonmembers
Online
$139.00
AICPA Members
Online
$109.00

Group ordering for your team

2 to 5 registrants

Save time with our group order form. We’ll send a consolidated invoice to keep your learning expenses organized.

Start order

6+ registrants

We can help with group discounts. Call us at 1-800-634-6780 (option 1) or email us at salessupport@aicpa.org

Contact us
Instructors
Bruce Chase
Ph.D., CPA
Bruce W. Chase, professor of accounting, is in his twenty-fifth year of service at Radford University. He earned both his MBA and Ph.D. from Virginia Commonwealth University. He is also the Director of the University's Governmental and Nonprofit Assistance Center (GNAC). The GNAC provides support for the Government Finance Officers Association (GFOA) national Certified Public Finance Officer (CPFO) program. Prior to joining the faculty of Radford University, Bruce spent over 15 years in governmental and nonprofit accounting. He began his career with the Auditor of Public Accounts and then with Coopers and Lybrand. He served as Treasurer of Virginia Commonwealth University and later as chief financial officer of Southern Seminary College. Bruce has written numerous articles on governmental and nonprofit accounting and is a frequent speaker on these topics. He has authored two national educational courses dealing with governmental and nonprofit accounting for the American Institute of Certified Public Accountants (AICPA). He also does extensive training on governmental accounting and reporting issues. He was awarded the Association of Government Accountants' (AGA) National Education and Training Award in 2002, outstanding service award from the VGFOA in 2000 and the VSCPA's Broadus Award in 1997.
Accessibility

The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association's website, educational materials, products, and services.The Association is committed to making professional learning accessible to all product users. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. As part of this commitment, this product is closed-captioned. For additional accommodation requests please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.

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Fundamentals of Governmental Accounting and Reporting: Fund Accounting and Financial Statements
Select from the following options:
Online
$139.00
Nonmember Price
$139.00
Price excluding sales tax
$139.00
Do you have an AICPA membership? 
Log in to apply your member discount.
Shipping cost and sales tax will be added later during checkout

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