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.
Course Publication Date:
April 23, 2020
This course is available with
NO ADDITIONAL FEE if you have an active
self study membership or
all access membership or
webinar membership or can be purchased for
$20.00!
| Author: | Frank Castillo CPA |
| Course No: | ACT-GAAP-10010 |
| Recommended CPE: | 2.00 |
| Delivery Method: | QAS Self Study |
| Level of Knowledge: | Basic |
| Prerequisites: | None |
| Advanced Preparation: | None |
| Recommended Field of Study: | Accounting (Governmental)
Webinars - On Demand
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Learning Objectives
- Identify the entities that must follow governmental accounting principles.
- Recall significant characteristics of the governmental environment that affect financial reporting.
- Recall the basic characteristics of effective governmental financial reporting
- Identify the elements of the financial statements
- Recall the hierarchy of governmental accounting standards
- Recall the purpose of fund accounting
- Identify different types of funds used in government accounting
- Identify the rules for recognition and measurement of certain fund liabilities and expenditures