Trends in Governmental Accounting  

Upon successful completion of this course, the user should be able to:

• recognize what is involved with the integration of the budget with the accounting system,

• identify the requirements for nonexchange transactions,

• recognize the accounting principles for sales and pledges of receivables and future revenues,

• determine how revenues and expenditures affect fund balance,

• identify the primary government reporting and the relationship with component units,

• identify major characteristics of a grant management system,

• recognize key provisions of the guidance for government combinations and disposals of government operations,

• identify relevant internal controls for a governmental entity, and

• identify the fundamental elements of service efforts and accomplishments reporting.