IGFOA Intermediate Governmental Accounting

Event Details

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Date EXPIRED EVENT
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Time
Delivery Method Webinar
Contact IGFOA
info@igfoa.org
630-942-6587

Event Cost


Event Description

Date: beginning March 11, 2015 and continuing through June 24, 2015, this course is delivered to your desktop through a series of interactive webinars - see schedule below

Time: Check-in 1:20 - 1:30 PM Seminar 1:30 PM - 3:30 PM

About the IGFOA web course: The program provides an opportunity to learn from your desktop is delivered via a secure web site and audio conferencing service to your desktop. In order to participate you will need a computer or mobile device with a Web browser to view the presentation and a phone to hear the presentation. Registrants will receive e-mailed instructions with the secure password and conference call number, along with course materials for the upcoming session within one week of the program date. To ensure that you will receive the instructions from ReadyTalk, list "IGFOA Professional Education Committee [meetings@meetings.readytalk.com]" as an approved or trusted sender in your email addresses and test the connection in advance of the webinar. Earn about 2.0 CPE per session.

Whether you are watching on your own or in a group setting, each individual must be registered - including those who may not intend to claim continuing professional education (CPE) credit.

IGFOA Professional Education Instructors:
Frederick G. Lantz, CPA Partner-in-Charge of Government Services, Sikich LLP
Brian W. Caputo, CPA Chief Financial Officer/City Treasurer, City of Aurora

Seminar description:
An eight session course focused on the implementation of standards and addressing current issues in governmental accounting.

Intended Audience:  Finance Directors, Managers, Administrators, Accountants, Assistant Managers, Assistant Finance Directors, and professional staff and officials responsible for local government accounting and financial reporting. 

Learning Objectives
Participants completing this program should be able to:

  • Develop a thorough understanding of the twelve basic principles ofGenerally Accepted Accounting Principles in the governmental accounting environment.
  • Understand the convergence of budgets and accounting, including encumbrance accounting.
  • Recognize differences between budget basis of accounting and GAAP basis of accounting and reporting.
  • Comprehend the governmental fund structure and rationale for each fund.
  • Acquire exhaustive insight into governmental accounting measurement focus and basis of accounting, including revenue recognition and transaction considerations for each fund type.
  • Learn about interfund transactions and equity reporting.

Delivery method: Group-Live Internet Based
Program Level: Intermediate
Prerequisites: No prerequisites required
Advanced Preparation: No advanced preparation required. Participants are encouraged to refer to their most recent
CAFR.
Field of Study: Accounting (Governmental)
Earn about 2 CPE credits for each session completed toward CPA or CPFO
Full course participants earn about 16 CPE toward CPA or CPFO

Course Topics and Schedule for IGFOA Intermediate Governmental Accounting

Webinar

DateTopicInstructor(s)
1

March 11, 2015

Introduction and Overview, Hierarchy of GAAP for Governments,

 Fund Classifications and use of Account Groups           

Brian Caputo and 

Fred Lantz

2

March 25, 2015

Measurement Focus and Basis of Accounting, Converting Fund Financial Statements

Fred Lantz
3 April 8, 2015

General Fund and Special Revenue Funds, Revenue and Expenditure Recognition

Brian Caputo
4 - Date Change

April 29, 2015

Budgetary Accounting, Budgetary Reporting, Interfund transactions,

Classification and Equity Accounting

Brian Caputo
5

May 5, 2015

Debt Service Funds and Governmental Activities, Long-term Debt,

including Refunding Transactions

Fred Lantz
6 May 19, 2015

Capital Projects Funds and Governmental Activities, Capital Assets

Brian Caputo
7 June 10, 2015

Enterprise and Internal Service Funds, Cash Flow Statements

Brian Caputo
8 June 24, 2015

Fiduciary Funds and Permanent Funds, Employer Accounting for Pensions

Fred Lantz

Registration & Cancellation Policy

Registrations are accepted on a first-in, first registered basis. Payment should be received in advance. IGFOA reserves the right to apply 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. For full course registrants a $40 cancellation fee will be charged for cancellations up to March 4, 2015. For individual session registrants a $20 cancellation fee will be charged for cancellations up to 15 days before each session. Cancellations within 15 days of a session and no-shows are responsible for the applicable tuition. IGFOA reserves the right to modify the agenda and/or speakers, cancel the training 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. Whether you are watching on your own or in a group setting, each individual must be registered - including those who may not intend to claim continuing professional education (CPE) credit.

If you have any questions regarding this seminar, cancellations, complaints, or refunds, please contact the IGFOA at 630-942-6587 or info@igfoa.org.

Approved by the National Registry of CPE Sponsors

CPE SponsorsCPE Registry Illinois Government Finance Officers Association (IGFOA) 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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