Letters of Transmittal and MD&As

Training Type: 
Date and Time: 
Nov 13 2019 - 2:00pm to 4:00pm  EST
Field of Study: 
Accounting – Governmental
CPE Credits: 
Member Price: 
Non-Member Price: 

Basic understanding of governmental generally accepted accounting principles and familiarity with governmental Comprehensive Annual Financial Reports (CAFRs).

Chief Financial Officer
City of Roseville, CA
Who Will Benefit: 

Accounting and financial reporting professionals who are familiar with the contents of a CAFR and have prepared, or wish to be able to prepare the Letter of Transmittal and Management’s Discussion and Analysis (MD&A).

Program Description: 

Generally accepted accounting principles (GAAP) require governments to present a MD&A with their basic financial statements for general purpose external financial reporting. For governments that choose to prepare a CAFR, GAAP require the inclusion of a Letter of Transmittal as well.

This two-hour internet training is designed to educate participants on the basic elements of an effective Letter of Transmittal and the required components of a MD&A, while providing helpful hints and numerous examples from award- winning CAFRs.

Seminar Objectives: 

Those who successfully complete this seminar should be able to:

  • Identify the basic elements of a high quality Letter of Transmittal.

  • Understand the eigh trequired components of a MD&A.

  • Determine what kind of information is appropriate for disclosure in each section, identifying that which may only be included in one.

  • Become familiar with appropriate narrative and visual information representation for each section.

  • Distinguish analysis from other information dissemination and learn to appropriately prioritize this key element of a MD&A.

Registration Form: