Advanced Governmental Accounting

Training Type: 
Live Training
Course Status: 
Repeat Offering
Date and Time: 
Feb 12 2019 - 8:30am to 4:30pm  PST
Feb 13 2019 - 8:30am to 4:30pm  PST
Region: 
Pacific
Location: 

Newport Beach, CA (Hyatt Regency Newport Beach)

1107 Jamboree Road
Newport Beach, CA 92660
United States
Level: 
Advanced
Field of Study: 
Accounting – Governmental
CPE Credits: 
16
Member Price: 
$580.00
Non-Member Price: 
$790.00
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
GFOA
Public Service Associate
Carl Vinson Institute of Government, University of Georgia
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. 84, Fiduciary Activities; 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.

Seminar Objectives: 

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

  • Capital assets;
  • Debt;
  • Investments and derivatives;
  • Pensions and other postemployment benefits;
  • Grants;
  • Risk financing;
  • Compensated absences;
  • Lease accounting;
  • Tax abatements;
  • Conversion and consolidation;
  • Joint ventures and similar arrangements;
  • Landfills, pollution remediation, and asset retirement obligations;
  • Sales and pledges of receivables and future revenues;
  • Government combinations and transfers of operations;
  • Nonexchange financial guarantees;
  • Service concession arrangements (public/private partnerships – P3’s);   
  • Arbitrage accounting; and
  • Fiduciary activities under GASB Statement No. 84;
  • Majority equity interests under GASB Statement No. 90.