Group Live 19 CPE, 1.6 CEU, 16 Contact Hours
QAS Self Study 2.5 CPE, .4 CEU, 4 Contact Hours
Attendance Policy: Our classroom training requires attendance during all parts of the instructional program. Instructors are required to take attendance and cannot approve student absences during class time. Please carefully consider your schedule when selecting class dates.
Field of Study: Accounting (Governmental)
This course will focus on the basic accounting equation, how certain transactions affect the accounting equation and the relationship of the balance sheet and the operating statement at the fund level. It also provides instruction on how to record financial transactions using the modified accrual basis of accounting at the fund level.
Upon successful completion of this course, the participant should be able to recall the basic accounting equation, recognize the elements of certain financial statements including the balance sheet/statement of net position and the operating statements, illustrate the relationship between the balance sheet/statement of net position and the operating statements, apply double entry accounting to record financial transactions, and record financial transactions in journals and ledgers using the modified accrual basis of accounting.
Who Should Attend? This course is for state government accounting and financial reporting professionals and others responsible for oversight and administration of a state agency’s finances.
Advance Preparation: None
Program Level: Basic
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