Fundamental Elements of Governmental Accounting

April 16, 2019
9:00am - 3:30pm
100-200 Level

Okemos Conference Center
2187 University Park Dr.
Okemos, MI 48864
517-381-7300

REGISTRATION IS ALMOST FULL FOR SESSION I. IF YOU WOULD LIKE TO SEE IF SEATS ARE STILL AVAILABLE, EMAIL EXECUTIVE@MIGFOA.ORG

Registration Fees:

	Individual Sessions	Package of Three Sessions
Member	$90 ($115 after deadline)*	$240 ($255 after deadline)*
Non-Member	$100 ($125 after deadline)*	$270 ($285 after deadline)*

*Note: An additional $5 processing fee will be charged for using the hard-copy registration form.

The registration fee includes instructions, printed materials, refreshments, and lunch.

Package - Early Registration Deadline:  April 5, 2019
Session I - Early Registration Deadline:  April 5, 2019
Session II - Early Registration Deadline:  May 3, 2019
Session III - Early Registration Deadline:  September 27, 2019

Cancellation Policies:

Refunds will be made ONLY if MGFOA is notified by the Early Registration deadlines listed above. If you have registered and find that you cannot attend, you may transfer your registration to another person. Rates may vary based on membership status. Please notify MGFOA of this occurrence. No cancellations will be accepted for the package of (3) sessions after April 5, 2019. However, if due to unforeseen circumstances you cannot attend session II or III and notify MGFOA prior to the cancellation date, your registration for that session will be carried forward to 2020.

Agenda:

Registration begins at 8:30AM. The program starts at 9:00AM and ends at approximately 3:30PM. Lunch will be served at noon.

Program Overview: 

The Michigan Government Finance Officers Association is proud to offer a package of three one-day seminars designed for practitioners in the field of public finance who are responsible for the accounting and budgeting functions in their governmental units. Participants must have had basic accounting and bookkeeping training to enroll in this program.

Certificates of completion will be awarded to participants who successfully complete the series of three seminars within two years. Each seminar qualifies for six (6) CPE or .6 CEU credits. The CPE credits qualify for governmental accounting and auditing.

About the Speakers:

Bill Brickey and Pam Hill are both audit partner at Plante Moran and between them, they have over 40 years of experience working in the governmental sector. Both Bill and Pam are CPA's that specialize in serving governmental units of all sizes as auditors and financial advisors.

Session Description:

I. Fundamental Elements of Governmental Accounting

This seminar will introduce the concepts of fund accounting with emphasis on Governmental GAAP and their applications, as well as the state mandated uniform accounting system for local units.  Accounting for Governmental, Special Revenue and Proprietary Funds will also be covered, as will current issues in governmental accounting. The session will include a discussion of GASB 34, its background and elements needed to prepare the government wide financial statements.

II. Public Financial Statements

This program is designed for individuals in the field of public finance who are responsible for the financial reporting functions in their governmental units and those who would like to learn how to read and analyze a governmental financial statement.  This seminar includes instruction and discussions about financial reporting in Michigan under the requirements of PA 2 of 1968, the Uniform Accounting Act for Local Units of Government. The Government Finance Officers Association (GFOA) criteria for achieving the Award for Excellence in Financial Reporting, including the requirements of clarity, comparability and completeness will be reviewed and demonstrated.

III. Governmental Budgeting

This seminar includes instructions, discussions and samples of governmental budgeting as practiced in Michigan under the requirements of PA 621 of 1978, the Uniform Budgeting and Accounting Act for Local Units of Government. Topics will include: 
•  The budget as a policy document
•  The budget as an operations guide
•  The budget as a financial plan
•  The budget document as a communications device