Preparing Mistake Free Financial Statements: Government 2024

Overview

This course will provide an overview of the common deficiencies noted in government financial reports.

Highlights

• Transmittal and MD&A
• Restricted Net Position-Fund Financial Statements to Government-Wide Financial Statements
• Classification of Fund Balance under GASB 54
• Special Revenue Funds
• Notes Disclosures
• Component Units
• Fund Balance
• Revenue Stabilization Arrangements
• Internal Service Funds
• Fiduciary Fund Reporting

Prerequisites

Experience with preparing government financial statements under GASB 34.

Designed For

Auditors who perform financial statements of governments, financial statements preparers and management.

Objectives

• Recognize the impacts of rapid changes in GAAP on financial reporting
• Learn from the mistakes of others to improve your government's financial reporting

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by the California Education Foundation (CalCPA). Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.