- NY Credits : 8.0
- TX Credits : 8.0
Companion to PPC's Guide to Preparing Governmental Financial Statements - Course 3 - Preparing Governmental Financial Statements and Fund Accounting (GFSTG173)
Identify governmental entities, financial reporting entities, and uses and users of governmental financial reports.
Recognize how to establish GAAP for state and local governments.
Identify the elements of fund accounting.
Recognize how to deal with issues related to capital asset accounting and reporting.
Determine the best method for dealing with issues related to fund accounting, including proprietary funds and what number and types of funds to use.
Identify strategies to address interfund activity and balances and interfund loans.
Lesson 1—Important Considerations for Working with Governmental Financial Statements
Lesson 2—The Basics of Fund Accounting
Lesson 3—Fund Definitions and Interfund Activity