Accounting Academy: An Intensive Introduction to Governmental Accounting, Auditing, and Financial Reporting

Class is Full

Training Type: 
Live Training
Date and Time: 
Nov 18 2019 - 8:30am to 4:30pm  CST
Nov 19 2019 - 8:30am to 4:30pm  CST
Nov 20 2019 - 8:30am to 4:30pm  CST
Nov 21 2019 - 8:30am to 4:30pm  CST

Chicago Office

203 N. LaSalle St Suite 2700
Chicago, IL 60601
United States
Field of Study: 
Accounting – Governmental
CPE Credits: 
Member Price: 
Non-Member Price: 

Basic understanding of private-sector accounting and financial reporting.

Director, Technical Services
Assistant Director of Publications, Technical Services
Assistant Director for Training, Technical Services
Past Controller
Chicago Public Schools
Finance Director
Village of Glen Ellyn, IL
Who Will Benefit: 

Accountants and auditors new to the public sector.

Program Description: 

Accountants and auditors new to the public sector must immediately face the daunting challenge of familiarizing themselves with the highly specialized rules, guidelines, and practices applicable to state and local governments. This intensive four-day workshop, intended for those who already possess at least a basic knowledge of private-sector accounting, combines lecture, discussion, and exercises to help newcomers make this difficult, but essential, transition.

Updated to include GASB Statement No. 84, Fiduciary Activities.

Participants may wish to bring a copy of their CAFR to the course. The material in this course is incorporated into GFOA’s Intermediate Governmental Accounting course.

Seminar Objectives: 

Those who successfully complete this seminar should obtain a solid basic 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 (CAFR).
Registration Form: