Government-wide Financial Statements, and Conversions and Consolidations

This seminar will furnish participants with the basic information needed to prepare the government-wide financial statements, and the necessary journal entries to convert and consolidate fund financial statements to the government-wide financial statements.

Those who successfully complete this seminar should obtain a solid understanding of each of the following:

• Distinguish the measurement focus and basis of accounting used for government-wide financial statements. 
• Identify the essential elements and format for the government-wide statement of net position, and the government-wide statement of activities.
• Perform the necessary conversion and consolidation journal entries to convert fund data to the government-wide financial statements, allocate direct costs, and disallocate indirect costs.

CFO/Finance Director, Controller, Accountant, Auditor

This course is taught by finance officers and other industry experts.