Introduction to Governmental GAAP

Price: $29.99

CPE Credits: 2.0

Category: , ,

Course Number: AAGGAPFC

Governmental GAAP

Description: Introduction to Governmental GAAP is a powerpoint based presentation which covers various introductory concepts in connection with Government GAAP. Topics covered include:

  • Entities which must follow governmental accounting principles.
  • Significant characteristics of the governmental environment that affect financial reporting.
  • Hierarchy of governmental accounting standards.
  • Types of funds used in government accounting.
  • Rules for recognition and measurement of certain fund liabilities and expenditures.

Please be aware that this video is simply a PowerPoint presentation with a voice over. Also, a hard copy of the PowerPoint presentation is not included.  Delivery Method: Online QAS Self Study. Level: Basic Prerequisites: None Advanced Preparation: None

Author: Frank Castillo, CPA Publication:  August 2017 Format: Video Run Time: Section 1 -29 Minutes; Section 2-35 Minutes Passing Grade: 70% Exam Policies: Exam may be retaken. Course must be completed within one year of purchase. CPE Sponsor Info : NASBA/QAS #109234. Click here to view specific state approvals.

By the end of the course participants should be able to: Section 1  Introduction to Governmental GAAP

  1. Identify the entities that must follow governmental accounting principles.
  2. Recall significant characteristics of the governmental environment that affect financial reporting.
  3. Recall the basic characteristics of effective governmental financial reporting
  4. Identify the elements of the financial statements
  5. Recall the hierarchy of governmental accounting standards

  Section 2 -Fundamentals of Fund Accounting

  1. Recall the purpose of fund accounting
  2. Identify different types of funds used in government accounting
  3. Identify the rules for recognition and measurement of certain fund liabilities and expenditures

Description: Introduction to Governmental GAAP is a powerpoint based presentation which covers various introductory concepts in connection with Government GAAP. Topics covered include:

  • Entities which must follow governmental accounting principles.
  • Significant characteristics of the governmental environment that affect financial reporting.
  • Hierarchy of governmental accounting standards.
  • Types of funds used in government accounting.
  • Rules for recognition and measurement of certain fund liabilities and expenditures.

Please be aware that this video is simply a PowerPoint presentation with a voice over. Also, a hard copy of the PowerPoint presentation is not included.  Delivery Method: Online QAS Self Study. Level: Basic Prerequisites: None Advanced Preparation: None

Author: Frank Castillo, CPA Publication:  August 2017 Format: Video Run Time: Section 1 -29 Minutes; Section 2-35 Minutes Passing Grade: 70% Exam Policies: Exam may be retaken. Course must be completed within one year of purchase. CPE Sponsor Info : NASBA/QAS #109234. Click here to view specific state approvals.

By the end of the course participants should be able to: Section 1  Introduction to Governmental GAAP

  1. Identify the entities that must follow governmental accounting principles.
  2. Recall significant characteristics of the governmental environment that affect financial reporting.
  3. Recall the basic characteristics of effective governmental financial reporting
  4. Identify the elements of the financial statements
  5. Recall the hierarchy of governmental accounting standards

  Section 2 -Fundamentals of Fund Accounting

  1. Recall the purpose of fund accounting
  2. Identify different types of funds used in government accounting
  3. Identify the rules for recognition and measurement of certain fund liabilities and expenditures
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