Accounting and Financial Reporting
Identifying Component Units
Course Overview
Title | Identifying Component Units |
---|---|
Level | Basic |
Prerequisite | None |
Field of Study | Accounting (Governmental) |
Format | Webinar |
CPE | 1 |
The scope of public sector external financial reporting often extends beyond the reporting government to encompass one or more additional legally-separate organizations. This seminar examines the scope of the public sector financial reporting entity.
Learning Objectives
Those completing this seminar will be able to:
- Identify the criteria used in establishing a primary government’s financial accountability for a potential component unit
- Distinguish between the two types of fiduciary component units and the criteria for their inclusion in a primary government’s fiduciary funds financial statements
Who Will Benefit
CFO/Finance Director, Controller, Accountant, and Auditor