Overview of Common Investment Instruments and the Related Accounting and Financial Disclosures

Training Type: 
Live Class
Date and Time: 
May 15 2020 - 1:00pm to 5:00pm  CDT

Ernest N. Morial Convention Center

900 Convention Center Blvd
New Orleans, LA 70130
United States
CPE Credits: 
Member Price: 
Non-Member Price: 
Director of Finance/Treasurer
City of Brookfield, WI
Managing Director, Investment Advisory and Analytics
Public Trust Advisors
Program Description: 

Governments across the United States, all with slightly different principles, values, and goals, are able to use a variety of investment instruments depending on their investment policy. Finance officers, along with determining the best use of such investments, must also correctly apply the complex financial reporting standards to ensure compliance with generally accepted accounting principles and promote overall transparency. In this session, speakers will provide a comprehensive overview of investment opportunities that are commonly available to local governments* and evaluate each against the standard investment principles of safety, liquidity, and yield.  Speakers will discuss the process for valuing investments for accounting and financial reporting purposes, and the required note disclosures in accordance with generally accepted accounting principles (GAAP).

* Note: Not all investment types may be available to all governments based on state statute or investment policy.

Seminar Objectives: 
  • Identify the common investment instruments utilized by governments
  • Understand the purpose and risks associated with each instrument
  • Learn the various approaches and techniques to valuing investments for accounting and financial reporting purposes
  • Understand the process for determining fair value
  • Learn how to prepare the required note disclosures for external financial reporting in accordance with GAAP