Fundamentals of Governmental Accounting and Reporting: Reporting
Gain a foundational knowledge in reporting for state and local governments.
NASBA Field of Study
Rebecca Meyer, Bruce Chase
Focus on reporting
Anatomy of a report
Understand and interpret government-wide financial statements by learning how they are constructed and learn what entities and information must be included in governmental financial statements.
Range of services
Understand when separate legal entities should be included in the financial statements of the general-purpose government and how financial statements for special-purpose governments should be reported.
At the minimum
Understand what minimum financial statements, reports, and other information governments must include in their external financial reports and also know that governments are encouraged to go beyond the minimum requirements and to issue a comprehensive annual financial report.
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
- Government-wide financial statements
- Comprehensive annual financial report
- Special purpose governments
- Deferred outflows of resources and deferred inflows of resources
- Recognize the financial reporting structure used by governments.
- Distinguish the format and reporting requirements for government-wide financial statements.
- Recognize special purpose governments.
- Identify the impact of capital assets and long-term liabilities at the fund reporting level as well as the government-wide financial statement level.
Group ordering for your team
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