Advanced Governmental Accounting

Training Type: 
Live Training
Course Status: 
Repeat Offering
Date and Time: 
Feb 12 2019 - 8:30am to 4:30pm  PST
Feb 13 2019 - 8:30am to 4:30pm  PST
Region: 
Pacific
Location: 

Newport Beach, CA (Hyatt Regency Newport Beach)

1107 Jamboree Road
Newport Beach, CA 92660
United States
Level: 
Advanced
Field of Study: 
Accounting – Governmental
CPE Credits: 
16
Member Price: 
$580.00
Non-Member Price: 
$790.00
Prerequisite: 

Accounting and financial reporting professionals with at least two years of governmental experience, or who have attended the GFOA’s Intermediate Governmental Accounting seminar or an equivalent program.

Speakers: 
Assistant Director for Training
GFOA
Public Service Associate
Carl Vinson Institute of Government, University of Georgia
Who Will Benefit: 

Anyone involved in preparing or auditing state or local government financial statements.

Program Description: 

This seminar examines in detail selected topics in governmental accounting and financial reporting.

Updated to include GASB Statement No. 84, Fiduciary Activies

Updated to include GASB Statement No. 86, Certain Debt Extinguishement Issues

Updated to include GASB Statement No. 88, Certain Disclosures Related to Debt, including Direct Borrowings and Direct Placements

Updated to include GASB Statement No. 89, Accounting for Interest Cost Incurred before the End of a Construction Period

Seminar Objectives: 

Those who successfully complete this seminar should gain a basic understanding of the appropriate accounting and financial reporting for:

  • Capital assets;
  • Debt;
  • Investments and derivatives;
  • Pensions and other postemployment benefits;
  • Grants;
  • Risk financing;
  • Compensated absences;
  • Lease accounting;
  • Tax abatements;
  • Conversion and consolidation;
  • Joint ventures and similar arrangements;
  • Landfills, pollution remediation, and asset retirement obligations;
  • Sales and pledges of receivables and future revenues;
  • Government combinations and transfers of operations;
  • Nonexchange financial guarantees;
  • Service concession arrangements (public/private partnerships – P3’s);   
  • Arbitrage accounting; and
  • Fiduciary activities under GASB Statement No. 84;
  • Majority equity interests under GASB Statement No. 90.