2009 Adv Governmental Accounting

50th Anniversary Celebration

IGFOA ADVANCED GOVERNMENTAL ACCOUNTING

March 12-13, 2009

NIU Naperville, 1120 East Diehl Road, Naperville, Illinois

Learning Objectives

Develop a thorough understanding of Generally Accepted Accounting Principles required in the governmental accounting environment.

Learn complexities of accounting for Cash and Investments, Derivatives, Capital Assets, Debt Issues, Special Termination Benefits and Other Post Employment Benefits, Inter-fund and Inter-entity Transactions, Pollution Remediation Obligations and Sales and Pledges of Receivables and Future Revenues

Review reporting requirements for Cash and Investments, Economic Condition Reporting, Equity Reporting, and Pollution Remediation Obligations

Discuss GASB Project Agenda and Future
Pronouncements

AGENDA

DAY ONE
8:30-8:45 Introduction
IGFOA Executive Director

8:45 – 10:00 Accounting for Cash and Investments
Fred Lantz, Sikich LLP

10:00 – 10:15 Break

10:15 – 11:30 Note Disclosures for Cash and Investments
Fred Lantz, Sikich LLP

11:30 – 12:20 Accounting for Derivatives
Fred Lantz, Sikich LLP

12:20 – 1:20 Lunch

1:20 – 3:00 Accounting for Capital Assets, Capital Asset Impairments and Intangible Assets
Don Rahn, Virchow Krause

3:00 – 3:15 Break

3:15 – 4:30 Accounting for Debt Issues
Fred Lantz, Sikich LLP

DAY TWO

8:30 – 10:00 Accounting for Special Termination Benefits and Other Post Employment Benefits
Fred Lantz, Sikich LLP

10:00 – 10:15 Break

10:15 – 12:00 Economic Condition Reporting, GASBS-44
Don Rahn, Virchow Krause

12:00 – 1:00 Lunch

1:00 – 2:00 Accounting for Inter-fund and Inter-entity Transactions and Equity Reporting
Fred Lantz, Sikich LLP

2:00 – 2:30 Accounting and Financial Reporting for Pollution Remediation Obligations
Don Rahn, Virchow Krause

2:30 - 3:00 Sales and Pledges of Receivables and Future Revenues
Don Rahn, Virchow Krause

3:00 - 3:15 Break

3:15 – 4:15 GASB Project Agenda and Future Pronouncements
Don Rahn, Virchow Krause

4:15 Adjournment