Description
Learn how to prepare federal financial statements that meet the Office of Management and Budget (OMB) guidelines. Discover the importance of stewardship reporting. Learn to apply various techniques used to examine financial statements. Identify the impact of the Government Performance and Results Act (GPRA) on financial reporting. This course is part of the Certified Government Auditor (CGA) program, Level 1.Duration
3 days
Level
IntermediateWho Should Attend?
Accountants, financial managers, budget analysts, program managers, auditors and other professionals who are responsible for preparing, analyzing and interpreting federal financial statements will benefit from this course.Credits
1.8 CEU's, 24 CPE'sLearning Outcomes
Explain the financial statement requirements of OMB Circular No. A-136
Describe the preparation and analysis of the "basic financial statement
Describe the form and content of annual financial statements as prescribed in OMB guidance
Distinguish between budgetary and proprietary reporting
Demonstrate program and financial performance analysis
Recognize the importance of stewardship reporting
Identify the impact of the Government Performance and Results Act (GPRA) on financial reporting
Identify new costs of operations and financial flexibility
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Other Recommended Courses
- Advanced Federal Accounting (ACCT8004)
- Government Standard General Ledger (ACCT8100)
- Federal Accounting Standards (ACCT7102)
- Planning, Budgeting and Performance Measurement (BUDG8180)