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LOCAL GOVERNMENT FINANCE 101
Friday August 1, 2008
9:00-12:00
Community Room, Village of Gurnee Fire Station No. 2
6581 Dada Drive, Gurnee
Instructional Method - Group-Live
Registration Form: Click Here
Description:
Join us for a half day seminar geared towards non-finance professionals and elected officials. The seminar serves to introduce individuals to the unique features and principles of local government finance in the areas of accounting, budgeting, capital planning, auditing, and financial reporting.
Who Should Attend:
- Non-finance professionals in local government looking for a better understanding of the finance role in their organization
- Elected Officials unfamiliar with local government finance practices and concepts
- New finance department personnel seeking an overview of government finance before taking an IGFOA Basics seminar
Learning Objectives:
- Learn the basics of fund accounting in a government unit
- Examine the difference between liabilities and expenses
- Understand the use and function of encumbrances
- Recognize how the budget communicates a message
- Identify the common budget components and types
- Comprehend the principal concepts that guide budget decisions
- Appreciate the benefits and limits to capital planning
- Distinguish the important steps of the audit process
- Discover the important components of the CAFR
Speakers:
Gary Gordon, Lake County
Susan Griffin, Village of Lake Bluff
Julie O'Brien, Lake County
Tina Smigielski, Village of Gurnee
Registration: Click Here
IGFOA Members: $75
Non-Members: $150
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