Are We Healthy? Interpreting Financial Statements and Using Budgets

Webinar

Wednesday, January 23, 2019, 12:00 PM–1:00 PM

  • Members $30.00 Before Jan 22, 2019
  • Government / Partner Colleagues $35.00 Before Jan 22, 2019
  • Non-members $45.00 Before Jan 22, 2019

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Description

Understanding your government’s financial information can help you assess your financial condition, make better budgeting decisions, and improve the strategic management of municipal finances. In this session, we’ll help you understand what the numbers in your financial statements mean, and where you should look to gain an understanding of your government’s financial health. Topics include:

• How to read governmental financial statements
              o Governmental statements
              o Enterprise statements
              o GW statements
              o Cash flow statements – what good are they?
              o Fund balance – what it measures, target policies, etc.
• How do I know if my government’s financial position is deteriorating or improving?
• Using budgets effectively
• Financial forecasting/multi-year budgets

Instructors: Joe Kowalski, Partner, Plante Moran; Shawana Jackson, Associate, Plante Moran
Technical Reviewer: Michelle Watterworth, Partner, Plante Moran

Learning Objectives: At the conclusion of this webinar, participants will be able to:
• Summarize the different types of government financial statements
• Explain what a fund balance is
• Identify how to determine a government’s financial position
• Explain how to use budgets effectively

Intended Audience: All government management & finance professionals
Delivery method: Internet Based
Program Level: Basic
Prerequisites: No prerequisites required
Advanced Preparation: No advanced preparation required
Field of Study: Finance - Technical 
CPE Credits: Earn about 1.0 CPE credits

CPE hours: 1.00

For more information

IGFOA
info@igfoa.org
630-942-6587

Registration and cancellation policy

Registrations are accepted on a first-in, first registered basis.  Payments by check should be mailed in advance or made at time of registration by credit card. 

IGFOA Members are those Public Sector and Partner or Associate individuals specifically listed in the IGFOA Membership Application or Renewal. IGFOA Government non-member rate applies to staff, appointed officials, and elected officials of a government with a current IGFOA membership. If you have questions about your membership, contact IGFOA at 630-942-6587. The IGFOA reserves the right to apply the non-member fee to any individual or government that has not paid dues for the current year.

If you are unable to attend, please contact IGFOA at 630-942-6587 or info@igfoa.org as soon as possible.  A $20 cancellation fee will be charged for cancellations up to January 16, 2019. Cancellations after January 16, 2019 and no-shows are responsible for the full tuition.

IGFOA reserves the right to modify the agenda, cancel the event due to low enrollment, or to close registration if full. 

Should IGFOA cancel an event, cancellation notice will be sent to the email address provided by each registrant and prominently posted at the IGFOA website page announcing the event. By submitting this registration, the applicant agrees to the registration and cancellation policy above.

Approved by the National Registry of CPE Sponsors

CPE RegistryIllinois Government Finance Officers Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

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