Advanced Governmental Accounting

Training Type: 
Live Class
Course Status: 
Repeat Offering
Date and Time: 
Jan 13 2021 - 8:30am to 4:30pm  EST
Jan 14 2021 - 8:30am to Jul 14 2021 - 4:30pm  EST
Region: 
Eastern
Location: 

Charleston, SC (Hyatt Place/House)

560 King Street
Charleston, SC 29403
United States
Level: 
Advanced
Field of Study: 
Accounting – Governmental
CPE Credits: 
16
Member Price: 
$705.00
Non-Member Price: 
$960.00
Prerequisite: 

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

Speakers: 
Assistant Director of Publications, Technical Services
GFOA
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. 86, Certain Debt Extinguishment Issues; GASB Statement No. 88, Certain Disclosures Related to Debt Including Direct Borrowings and Direct Placements; GASB Statement No. 89, Accounting for Interest Cost Incurred before the End of a Construction Period; and GASB Statement No. 90, Majority Equity InterestsSpecial emphasis is placed on GASB Statement No. 84, Fiduciary Activities, GASB Statement No. 87, Leases, and GASB Statement No. 91, Conduit Debt Obligations.

Seminar Objectives: 

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

  • Lease accounting and financial reporting under GASB Statement No. 87;
  • Fiduciary activities under GASB Statement No. 84;
  • Majority equity interests under GASB Statement No. 90;
  • Conduit debt activities under GASB Statement No. 91;
  • Capital assets;
  • Debt;
  • Investments and derivatives;
  • Postemployment and termination benefits;
  • Grants;
  • Risk financing;
  • Compensated absences;
  • Tax abatements;
  • Conversion and consolidation;
  • Landfills, pollution remediation, and asset retirement obligations;
  • Irrevocable split interest agreements; and
  • Arbitrage accounting.