The objective of this course is to provide an overview of the common deficiencies noted in a government financial report.
Overview of common deficiencies identified in: Transmittal and MD&A. Calculation of net investment in capital assets. Restricted net position-linkage between fund financial statements to government-wide financial statements. Classification of fund balance under GASB 54. Component unit considerations. Special revenue funds. Notes disclosures. Component units. Fund balance. Revenue stabilization arrangements. Use of internal service fund. Fiduciary fund reporting
Experience with preparing government financial statements under GASB 34.
Auditors who perform financial statements of governments. Financial Statements preparers. Management.
Recognize the impacts of rapid changes in GAAP on financial reporting. Learn from the mistakes of others to improve your government’s financial reporting.
- Kenneth Pun
Non-Member Price $59.00
Member Price $49.00