Online Local Government Debt Methods

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Participants will earn 3 CPE, .3 CEU, 3 Contact Hours

Field of Study: Accounting (Governmental)

This course is designed to provide an overview of the debt administration process within a government. The course will focus on the reasons governments borrow money, short-term versus long-term debt, the Capital Improvement Program (CIP), debt policy, common types of debt issued and players in the debt process, method of sale, bond documents and continuing disclosure and refunding process.


Upon completion of the course, the participant will be able to:

  • identify the definitions of long-term and short-term debt

  • identify the components of a capital improvement program

  • recall the components of a debt policy

  • recall the typical methods of financing and common types of debt issued

  • recognize the methods of sale

  • recognize the players in the debt process

  • identify elements of bond documents

  • recall the continuing disclosure requirements

  • define refunding


Prerequisites: Basic knowledge of debt process for governments

Who Should Attend? This session is for anyone involved in development or administration of debt within a government

Advance Preparation: None 

Program Level: Overview

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.


NASBA logoUniversity 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


For more information regarding refund, concerns and program cancellation policies, please contact Michele Jurkiewicz at the contact information listed.



January 1, 2020 - December 31, 2021