DESCRIPTION
Coming in 2026: This foundational course in governmental accounting provides an overview of the governmental environment. This course bridges the gap of governmental GAAP through engaging group activities in which participants learn how and why governmental accounting differs from private sector accounting. This course is relevant for auditors, accountants, other service providers, and individuals associated with governmental entities or their governing bodies. Topics include:
- An overview of the governmental environment
- Why governmental accounting differs from private sector accounting
- How governments provide transparency and accountability
- Defining governmental GAAP and its regulatory framework
LEARNING OBJECTIVES
- Describe an overview of the governmental environment as it applies to a variety of entities in scope
- Identify two key reasons why governmental accounting differs from private sector accounting
- List tools and systems governments use to support transparency and accountability
- Define the regulatory framework considered to be governmental GAAP
