Advanced Governmental Accounting

Training Type: 
Live Training
Course Status: 
Repeat Offering
Date and Time: 
Sep 18 2019 - 8:30am to 4:30pm  PDT
Sep 19 2019 - 8:30am to 4:30pm  PDT
Region: 
Pacific
Location: 

Sacramento, CA (Sheraton Grand Sacramento)

1230 J St
Sacramento, CA 95814
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: 
Assistant Director for Training
Assistant Director for Training, Technical Services, GFOA
Director of Finance
Hibbing Public Utilities
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; GASB Statement No. 90, Majority Equity Interests; and GASB Statement No. 91Conduit Debt ObligationsSpecial emphasis is placed on GASB Statement No. 84, Fiduciary Activities, GASB Statement No. 87, Leases, and GASB Statement No. 91, Conduit Debt Obligations.

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; and
  • Arbitrage accounting.