Accounting in the Real World
Have you ever tried explaining governmental financial statements to those who've never heard of GASB? The curse of knowledge can make it difficult for us to understand the perspective of those who don't know as much as we do about a given topic. Our challenge is to overcome it so we can explain our work and its importance to individuals outside our field.
In this session, led by GFOA legend Stephen Gauthier, participants will receive the tools and insight to feel confident having these conversations. This is a must-attend session for first-time conference attendees and everyone who wants a refresher on how to explain governmental accounting and financial reporting to a non-technical audience!
Learning Objectives
Describe the role of accounting and financial reporting in the governmental environment.
Discuss the common complexities of governmental accounting and the best way to explain them.
Identify the important elements of government-wide financial statements and their relationship to fund financial statements.