Advanced Governmental Accounting

Training Type: 
Live Training
Course Status: 
Repeat Offering
Date and Time: 
Jul 24 2019 - 8:30am to 4:30pm  EDT
Jul 25 2019 - 8:30am to 4:30pm  EDT
Region: 
Eastern
Location: 

Columbus, OH (DoubleTree Suites by Hilton Hotel Columbus Downtown)

50 S Front St
Columbus, OH 43215
United States
Level: 
Advanced
Field of Study: 
Accounting – Governmental
CPE Credits: 
16
Member Price: 
$640.00
Non-Member Price: 
$870.00
Prerequisite: 

Accounting and financial reporting professionals with at least two years of governmental experience, or who have attended GFOA’s Intermediate Governmental Accounting seminar or an equivalent program.

Speakers: 
Director, Technical Services
GFOA
Who Will Benefit: 

Anyone involved in preparing or auditing state or local government financial statements.

Program Description: 

This seminar examines in detail selected topics in governmental accounting and financial reporting.

Updated to include GASB Statement No. 86, Certain Debt Extinguishment Issues; GASB Statement No. 88, Certain Disclosures Related to Debt Including Direct Borrowings and Direct Placements; GASB Statement No. 89, Accounting for Interest Cost Incurred before the End of a Construction Period; and GASB Statement No. 90, Majority Equity Interests. Special emphasis is placed on GASB Statement No. 84, Fiduciary Activities, and GASB Statement No. 87, Leases.

Seminar Objectives: 

Those who successfully complete this seminar should gain a basic understanding of the appropriate accounting and financial reporting for:

  • Lease accounting and financial reporting under GASB Statement No. 87;
  • Fiduciary activities under GASB Statement No. 84;
  • Majority equity interests under GASB Statement No. 90;
  • Capital assets;
  • Debt;
  • Investments and derivatives;
  • Postemployment and termination benefits;
  • Grants;
  • Risk financing;
  • Compensated absences;
  • Tax abatements;
  • Conversion and consolidation;
  • Landfills, pollution remediation, and asset retirement obligations;
  • Irrevocable split interest agreements;
  • Arbitrage accounting; and
  • Government combinations and transfers of operations.