Instructor: Jenny Ulla

What you'll learn

  •   Review the objective and components of budgetary accounting in the annual comprehensive financial report for state and local governments
  •   Distinguish between the three categories of funds: Governmental Funds, Proprietary Funds, and Fiduciary Funds
  •   Construct government fund financial statements
  •   Prepare and analyze governmental fund financial statements
  • Skills you'll gain

  •   General Ledger
  •   Revenue Recognition
  •   Depreciation
  •   Generally Accepted Accounting Principles (GAAP)
  •   Accrual Accounting
  •   Budgeting
  •   Accountability
  •   Financial Statements
  •   Financial Reporting
  •   Governmental Accounting
  •   Reconciliation
  •   Cash Flows
  •   Non-Profit Accounting
  •   Accounting
  •   Fund Accounting
  • There are 8 modules in this course

    -8 graded quizzes, required for completion, and -86 optional practice quizzes for you to check your understanding of key concepts. Building on the fundamentals, these modules dive into specific aspects of governmental and nonprofit accounting. You'll learn about constructing the required financial statements, including the statements for the government-wide as well as fund financial statements. You’ll also learn in great detail the difference between the three categories of funds: Governmental Funds, Proprietary Funds, and Fiduciary Funds. These modules provide in-depth knowledge of accounting practices and financial reporting for government and nonprofit entities.

    Module 2: Accounting and Financial Reporting for Governmental Entities

    Module 3: Government-Wide Statement of Activities and Introduction to Governmental Fund Financial Statements

    Module 4: Accounting for Governmental Operating Activities in the General Fund

    Module 5: General Fund Financial Statements, Accounting for Special Revenue Fund and Permanent Fund, Accounting for Internal and External Transactions

    Module 6: General Capital Assets and Capital Projects Fund Accounting for General Long-Term Liabilities and Debt Service

    Module 7: Accounting for the Business-Type Activities of State and Local Governments

    Module 8: Statement of Cash Flow for Proprietary Funds and Component Unit Reporting Requirements

    Explore more from Finance

    ©2025  ementorhub.com. All rights reserved