The GFOAT Governmental Accounting Academy is an intensive introduction to governmental accounting, auditing, and financial reporting using GFOA training materials.


Who Will Benefit: 

Accountants, finance officers, and auditors new to the public sector. Finance Directors who want to increase their understanding of the governmental accounting and reporting process.

Program Description: 

Accountants and auditors new to the public sector face the daunting challenge of familiarizing themselves with the highly specialized rules, guidelines, and practices applicable to state and local governments. This intensive three-day workshop – intended for those who already possess at least a basic knowledge of private-sector accounting – combines lecture, discussion, and exercises to help newcomers make this difficult, but essential, transition.

Agenda

Doors open at 7:30 a.m. each day for breakfast.
Wednesday (December 8) sessions from 8:30 a.m.-4:30 p.m.
Thursday (December 9) sessions from 8:00 a.m.-4:00 p.m.
Friday (December 10) sessions from 8:00 a.m.-3:10 p.m.

Seminar Objectives: 

Those who successfully complete this seminar should obtain a solid basic understanding of each of the following:

  • The unique environmental factors that have led to specialized accounting and financial reporting for state and local governments;
  • Fund accounting;
  • Government-wide financial reporting;
  • How to categorize and measure transactions and events;
  • Budgetary reporting;
  • Elements of a comprehensive annual financial report (CAFR);
  • How to interpret state and local government financial statements;
  • Specialized applications (pensions, other postemployment benefits, leases, termination benefits, government combinations, financial reporting entity, service concession arrangements, pollution remediation, fiduciary funds) are discussed only at the conceptual level and are considered intermediate or advanced topics; and
  • Internal control and auditing in the public sector is also discussed at the conceptual level without significant detail.

Prerequisite: 

Basic knowledge of private sector accounting concepts. Experience working in a local government or public accounting firm auditing local government.

Speakers:  

Robert Scott, Assistant City Manager/Chief Financial Officer, City of Carrollton

Lauren Berry, Manager, BKD, LLP

Guadalupe Garcia, CPA, Partner, Whitley Penn, LLP

Adam McCane, Partner, Weaver

Deborah Reid, Director of Finance, City of Amarillo

Registration Information:       

Member Price:           $675.00                       Non-Member Price:               $775.00

Click for online registration                         Registration Form PDF Download

Cancellation Information: 

If you are registered and cannot attend, we encourage you to send a substitute. If you cannot send a substitute, a $45 cancellation fee will be assessed if written cancellation is received after November 30. No telephone cancellations will be accepted. No refunds will be honored after November 30.

Location and Hotel Information:

HOTELS NEAR TEXAS MUNICIPAL LEAGUE

The hotels listed are located within a few miles of the Texas Municipal Center, located at 1821 Rutherford Lane in Austin. Because we cannot guarantee the quality of these facilities, please check TripAdvisor, Yelp, or similar sites for recent hotel reviews before booking.

RATES

Rates are based on the specific hotel’s availability and not guaranteed for last rooms available. Some black-out dates do apply. Please contact specific hotel for room and rate availability during your desired stay.

HOTELS

Before you go:

PDF’s of the slide decks will be available at the Governmental Accounting Academy handout page and participants have the option of either downloading the slides onto a laptop or tablet or printing the slides themselves to bring.  Each day’s slide deck has several hundred slides so if you are going to use hard copies, please print them well in advance.

The academy dress code is casual–don’t forget your sweater! The meals provided per day is breakfast and lunch. Arrive around 7:30 a.m. to network with others.