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DESCRIPTION:This hands on seminar will provide participants with a working 
 knowledge of generally accepted accounting principles in the governmental 
 accounting environment and how to apply those standards to all types of un
 its of government\, with an emphasis on applying the standards to governme
 nts in Illinois.  Emphasis will be placed on understanding both the theory
  behind the principles via live lectures as well as the practical applicat
 ion and implementation of those principles using learning reinforcement to
 ols. Participants are asked to bring a hard copy of their latest audit rep
 ort. \nLearning Objectives: Participants completing this session will be a
 ble to:\n\nDevelop a thorough understanding of the twelve basic principles
  of generally accepted accounting principles in the governmental accountin
 g environment\;\nUnderstand the convergence of budgets and reporting\;\nAc
 quire extensive insight into governmental fund revenue recognition for exc
 hange and non-exchange transactions\, expenditure recognition for fund lia
 bilities and expense liabilities for governmental activities\;\nLearn debt
  service fund and long-term debt accounting\, including accounting for ref
 unding transactions\;\nUnderstand capital asset accounting and reporting r
 equirements\;\nUnderstand the differences in accounting for proprietary fu
 nds\; and\nUnderstand how to convert governmental funds to governmental ac
 tivities.\n\nAGENDASPEAKER BIOS\nInstructors: Frederick G. Lantz\, CPA\, D
 irector\, Government Services\, Sikich LLPBill Hannah\, Director of Financ
 e\, City of St. Charles\nIntended Audience: Accountants\, Finance Managers
 \, Assistant Finance Directors and Finance Directors new to Local Goverenm
 ent Accounting Delivery Method: Group-LiveProgram Level: IntermediatePrere
 quisites: No prerequisites requiredAdvanced Preparation: No advanced prepa
 ration requiredField of Study: Accounting (Governmental) - TechnicalLast R
 eview/Revision/Update: August 16\, 2022NASBA CPE Credits: Earn about 14.0 
 CPE hours\nAccommodationsNIU Naperville is easily accessible from Intersta
 tes 88 and 355\, just 27 miles from both O'Hare International Airport and 
 Midway International Airport\, and less than five miles from the Metra Tra
 in Station. For a list of hotels near NIU Naperville\, visit https://www.n
 iu.edu/conferenceCenters/naperville/service_amenities/hotel_info/napervill
 e-hotel-map.pdf.
DTEND:20221109T160000
DTSTAMP:20260416T205722
DTSTART:20221108T083000
LOCATION:NIU Naperville\, 1120 E. Diehl Road\, Naperville\, Illinois 60563
SEQUENCE:0
SUMMARY:Intermediate Governmental Accounting Seminar
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