CPAR GOV - Accounting & Financial Reporting

CPAR GOV/NFP - Vol. 2019 - No. 2 - 02 - Can Accountants 'Uncook' the Government's Books?

Course Overview
There is little doubt that accountants have a useful role to play in the public sector. But what can be done to attract more qualified financial professionals to public service? Drawing upon his own background as a "Big 8" firm partner and as a congressman, Joseph DioGuardi focuses on current governmental controversies that could benefit from the involvement of accountants, ranging from the national debt ceiling to the increased use of external auditing and accrual accounting.

Learning Objectives:

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

  • Explain how the Chief Financial Officers Act of 1990 did not fulfill its statutory mission;
  • Identify which liabilities are not contained on the U.S. government's financial statements;
  • Identify which accounting firm prepared a consolidated financial statement for the New York City bailout; and
  • Distinguish between the accounting standards issued by FASB and those issued by FASAB.

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 : CPAR1404-FM

Release Date : 08/02/2019
Expire Date : 09/09/2021
Credits :
CPE 2.00
QAS 2.00

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

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