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

Fundamentals of Governmental Accounting and Reporting: Fund Accounting and Statements

Gain a foundational knowledge in fund accounting and reporting for state and local governments.

$69 - $89
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

3

Author(s)

Rebecca Meyer, Bruce Chase

Availability

1 year

Product Number

GAFAS21SSO

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 Business & partner 
Product Details

Fund accounting and statements

Demonstrate compliance

Learn how governments report assets they hold that belong to others through fiduciary fund financial statements. Learn how governments show accountability by demonstrating compliance with legal and other restrictions placed on resources and properly measuring the costs of different activities.

Using funds

Understand how governments use several smaller accounting entities – 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
  • Fiduciary funds
  • Fund financial statements

Learning Outcomes

  • Identify the governmental fund types and fund categories.
  • 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
3
NASBA Field of Study
Accounting (Governmental)
Level
Basic
Access
Online
This is a digital product. With full paid access the content will be available to you for 1 year after purchase date.
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
$89.00
AICPA Members
Online
$69.00

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
Rebecca Meyer
Rebecca Meyer, CPA, CGMA, is President of RAM CPA, PLLC located in Raleigh, NC and is a seasoned CPA and management accountant with more than 22 years of technical finance and leadership expertise in various aspects of attest, accounting and compliance services. Her firm specializes in collaborating with state and local governments, nonprofit organizations, small businesses, regulators, and other CPA firms to provide high quality audit, attest, accounting, finance, and compliance services. Prior to forming her own firm, Ms. Meyer worked for eleven years as a Technical Manager in the AICPA's Professional Ethics Division, where she helped to enforce the AICPA's Code of Professional Conduct by investigating allegations of violations of technical accounting and attest standards, including U.S. Generally Accepted Accounting Principles ("GAAP"), Generally Accepted Auditing Standards ("GAAS"), Generally Accepted Government Auditing Standards ("GAGAS"), Uniform Guidance, ERISA and others. In this role, she assisted in remediation and education of members to improve the overall quality of professional services performed in the industry. Ms. Meyer specializes in government, nonprofit and Single Audit engagements. Ms. Meyer is a member of the AICPA and the North Carolina Association of CPAs. She serves on the AICPA's Technical Standards Subcommittee as well as the Government Accounting and Auditing Committee and the Nonprofit Accounting and Auditing Committee of the North Carolina Association of CPAs.
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.
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Fundamentals of Governmental Accounting and Reporting: Fund Accounting and Statements
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Online
$89.00
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$89.00
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Shipping cost and sales tax will be added later during checkout

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