Basic Concepts of Governmental Accounting, Financial Reporting and Auditing

Course Details


Thursday, January 24, 2019

6:30am – 2:00pm
(Registration: 6:00am)

Field of Study

Accounting (Governmental)

Course Number


CPE Credit

8.0 hours CPE credit

Level of Knowledge



CalCPA Education Foundation




Gain a primer on governmental accounting and financial reporting by reviewing auditing and internal controls, as well as governmental fund accounting and budgeting.

Understand GASB pronouncements, especially GASB 34; review published financial reports to strengthen your learning; and examine a case study on a California city that will emphasize the governmental accounting and financial reporting model.

In addition, review the new GASB Pension and OPEB  Standards with class exercises that takes the actuarial accounting valuations to financial reporting and to note disclosures.

Materials are provided as an ebook for this course.


  • Governmental environment: cities, counties, special districts and other agencies
  • Fund accounting
  • Budgeting
  • GASB 34 accounting and financial reporting
  • Measurement focus and basis of accounting
  • Auditing of governments: risk assessment and evaluation of internal controls
  • AICPA Auditing Standards
  • Generally Accepted Accounting Principles for government
  • New GASB Pension and OPEB Standards


  • Identify the basics of governmental accounting and financial reporting, including a review of a Comprehensive Annual Financial Report (CAFR).
  • Recall and review GASB Statement No. 34.
  • Recognize governmental auditing issues, including risk assessment and internal controls.
  • Determine requirements for compliance audits.
  • Determine the differences between governmental and business accounting.

Designed For

Accountants and financial professionals.

Registration for this course has passed.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

Non-Member Fee

Applicable if you are not a HSCPA member.

Your Price $375.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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