Participants will earn 5 CPE, .4 CEU, 4 Contact Hours
2.5 CPE Accounting (Governmental)
1.0 CPE Specialized Knowledge
1.5 CPE Auditing (Governmental)
Field of Study: Accounting (Governmental) and Specialized Knowledge
This course is designed to provide an overview of fundamental concepts in government finance.
Upon completion of the course, the participant will be able to
recite three categories of funds and generic fund types
define the purpose of a statement of position and operating statement
recite the three basis of accounting models
recall two different methods of measurement focus
recite the five components of internal control
recall the importance of steps to safeguard assets
define the strategic plan's role in budgeting
recall the importance of fund balance in financial sustainability
identify difference between a policy and procedure and discuss the role the board has in creating financial policies
Who Should Attend? This session is for anyone involved in state or local government, schools or libraries.
Advance Preparation: None
Program Level: Basic
Delivery Method: QAS Self Study
Final exam is required with a minimum score of 70%, one retest is allowed. Should you not pass the second attempt, you will be required to register for the course again.
Complete the course's required online quizzes and exercises within 30 days of receiving the "Welcome" email with course URL, username and password information.
University of Georgia, Carl Vinson Institute of Government, 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: https://www.nasbaregistry.org