Accounting and Financial Reporting

Basics of Project Accounting


July 30, 2020

2 p.m.-4 p.m. ET

  • Field of Study: Accounting (Governmental
  • Credits: 2
  • Prerequisite: None

Date and Time:
Jul 30 2020 - 2:00pm to 4:00pm EDT

Program Description:
Project accounting is a critical part of governmental accounting. Almost all public sector organizations have a responsibility to build infrastructure, maintain assets, track grant projects, or account for the costs and revenues of special “projects” or "initiatives.” Project accounting can also be a challenge for governments because of the complex nature of capital projects, detailed grant reporting or eligibility requirements, the uncertain or ad-hoc nature of some projects, or the fact that stakeholders across multiple departments are involved in the coordination of financial activity. In this session, speakers will discuss the basics of project accounting including definitions, how to account for the components of a project, techniques for using your financial system effectively, and common financial reporting considerations. In addition, speakers will provide a quick overview of example projects to explain key points.

Seminar Objectives:
Those who successfully complete this seminar should be able to:
Understand how to efficiently set up and manage a project
Identify strategies for working with department staff to manage financial processes related to projects
Identify strategies for best utilizing software tools for tracking projects
Understand financial reporting considerations for projects

Level: Basic
Field of Study: Accounting – Governmental
CPE Credits: 2
Member Price: $85.00
Non-Member Price: $160.00

Who Will Benefit: CFO/Finance Director, Controller, Accountant, Budget Manager, Budget Analyst

  • Member Price: $85.00
  • Non-member Price: $160.00