This series consists of seven sessions covering the following topics:

Session 1 - The Government Environment and Fund Accounting
The Government Environment and its Impact
Funds and Fund Types
Measurement Focus and Basis of Accounting

Session 2 - Governmental Fund Accounting
Categories of Events and Transactions
Governmental Fund Revenue Recognition
Governmental Fund Expenditures
Other Financing Sources and Uses

Session 3 - Governmental Fund Reporting
Financial Statement Elements
Governmental Fund Financial Statements

Session 4 - Proprietary Fund Accounting and Reporting
Enterprise Funds
Internal Service Funds
Proprietary Fund Financial Statements

Session 5 - Fiduciary Fund and Component Unit Accounting and Financial Reporting
Identifying Component Units
Fiduciary Activities
Fiduciary Fund Accounting
Fiduciary Fund Financial Statements
Component Unit Reporting

Session 6 - Government-wide Financial Reporting
Interfund Activity
Government-wide Financial Statements

Session 7 - Completing the Basic Financial Statements
Supplementary Information, and Overview of a Comprehensive Annual Financial Reports
Note Disclosures
Budgetary Reporting
Required Supplementary Information
Overview of a Comprehensive Annual Financial Report

• Those who successfully complete this series should obtain a solid understanding of each of the following:
• Generally accepted accounting principles (GAAP) for state and local governments,
• The unique environmental factors that have led to specialized accounting and financial reporting for state and local governments,
• Fund accounting,
• Government-wide financial reporting,
• Measurement focus and basis of accounting,
• How to categorize and measure transactions and events,
• Component units,
• Budgetary reporting, and
• Elements of a comprehensive annual financial report.