CPAR GOV - Accounting & Financial Reporting

CPAR GOV/NFP - Vol. 2018 - No. 4 - 01 - Government Financial Reporting: From the Big 3 to Issuing Debt

Course Overview
Economic conditions and regulatory changes are persuading many state and local governments to issue municipal bonds, rather than continue their direct borrowings. According to Warren Ruppel, a partner in the firm of Marks Paneth LLP, accountants and auditors should pay attention to the rules of the Municipal Securities Rulemaking Board, at the same time that the Governmental Accounting Standards Board is making substantial progress in its revision of the Financial Reporting Model.

Learning Objectives:

Upon successful completion of this segment, you should be able to:

  • Recognize how accountants and government financial managers relate to the municipal bond market
  • Identify the GASB agenda items beyond the “Big Three” (financial reporting model reexamination, revenue and expense recognition, and note disclosures reexamination)
  • Recognize the difference between exchange and non-exchange transactions and models
  • Identify the major elements of the financial reporting model project

Prerequisites/Advanced Preparation:

Work experience in government accounting or auditing, or an introductory course in government accounting.

Speaker / Author:

CPAR Government/Not-For-Profit
SmartPros Ltd. is a leader in online and offline continuing education for accounting, finance and engineering professionals. With over 2,000 hours of content, SmartPros has been providing mandatory continuing education products since 1981. SmartPros provides services and content to its professional and corporate clients, in a variety of media including Web, CD-ROM, and video. In the accounting market, SmartPros also has a predominant news and information portal which receives 200,000+ visits per month and provides services to over 100,000 subscribers. SmartPros' customers include 50% of the Fortune 500, as well as the major firms and associations in each of its professional markets.

Price (USD)

Standard: $69.90


Course Code : CPAR1375-FM

Length : 1hr 40min
Course Level : Update
Course Type : Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Accounting - Governmental

Returning Subscribers

- OR -