Introductory Governmental Accounting - Part II

Governments and private businesses operate in vastly different environments, so their accounting processes and reporting are substantially different, too. Online courses in The University of Georgia’s Governmental Accounting Series will help you gain a foundational understanding of accounting in a governmental environment.

Snapshot

  • Format: Online course 

    Hours: 24 hours / 24 CEs

    When: Start anytime

    Cost: $359 - $419 

Upon successful completion of all three accounting courses a Certificate of Completion from the University of Georgia is awarded to all enrollees who are not employed by either the State of Georgia or any Georgia local government. The accounting series includes: 

Introductory Governmental Accounting - Part II expands on the concepts you learned in Part I. You will become familiar with basic fund financial statements and expand your knowledge of Generally Accepted Accounting Principles (GAAP) for state and local governments. You will also learn to calculate revenues and expenditures/expenses under both the modified accrual and the accrual bases of accounting.

This course, which includes a practice exercise, explains: 

  • categories of funds and categories of accounts
  • fund-level operating statements for governmental, proprietary, and fiduciary funds
  • the architecture of a governmental chart of accounts
  • how debits and credits affect accounts
  • how governments take information from journals and summarize it in ledgers
  • the use of fund accounting to allocate resources for specific purposes
  •  “basis of accounting” and when to recognize revenues and expenditures/expenses within the three categories of funds
  • the payroll process from recording time worked to recording the payroll
  • the types of interfund transactions and how to record the different interfund transactions
  • adjusting and closing the general ledger
  • GASBS 63 and GASBS 65 changes 

Who Should Attend?

  • State and Local Governmental employees who require knowledge of governmental accounting.
  • State of Georgia employees enrolled in the State Financial Management Certificate Program.
  • Georgia Local Government employees who are enrolled in the Local Government Financial Management Certification Program.
  • Governmental accounting professionals with previous private sector experience who want to gain governmental accounting knowledge.
  • Independent public accountants with state and local governmental auditing or consulting.
  • Accountants/CPAs who are interested in developing a government practice.
  • Accounting professionals who want to earn continuing professional education required for all CPAs.
  • Accounting Professionals preparing for the CPA Exam.

Course Information

Course Number: 

51512

Course Date Info: 
  • Enroll at any time
  • Complete the course's required online quizzes and exercises within three (3) months of issuance of course access details (i.e., a Welcome email containing the course URL, username and password)
  • For more details about the course, please click on the downloadable files on right titled, "How Does Introductory Governmental Accounting — Part II Work?" and "Frequently Asked Questions."
  • Practical day-to-day accounting methods and financial reporting — and complying with
  • Generally Accepted Accounting Principles (GAAP) is addressed throughout three-course, accounting online series!
Course Format: 
Classroom
Course Fee(s): 

$359 (US Funds) — Residents of Georgia
$419 (US Funds) — Non-Residents of Georgia
$50
(US Funds) — One-Month Extension (Only one extension is granted per participant)

Prepayment is required to be registered. Prices listed are per person. Prices are subject to change.

Cancellation/Refund Policy: The Georgia Center will gladly issue full refunds for cancellations received in writing prior to the release of course access information. You may cancel your enrollment at any time during the course and receive a refund less a $50 administrative fee, provided that you have not accessed the online course material at all. During the first 30 days of your course, if you have not completed any course work, you may opt for a one-time transfer of your enrollment to another student; the new student (i.e., substitute) would have up to three months from the transfer date to complete the course. The course may be transferred only once for a fee of $50 (US). Written requests should be sent to questions [at] georgiacenter [dot] uga [dot] edu

Continuing Education Information: 
  • The University of Georgia will award 2.4 Continuing Education Units (CEUs) or 24 Continuing Education units (CEs) upon successful completion of Introductory Governmental Accounting-Part II.
  • University of Georgia CEU transcripts are available at any time upon written request.

Upon successful completion of all three accounting courses a Certificate of Completion from the University of Georgia is awarded to all enrollees who are not employed by either the State of Georgia or any Georgia local government. The accounting series includes:

  • Introductory Governmental Accounting-Part I
  • Introductory Governmental Accounting-Part II
  • Intermediate Governmental Accounting

Certification or Licensure Information:
This course meets a Level I core course requirement in the Local Finance Officer Certification Program for local government personnel in the State of Georgia. 

Local government employees (in the State of Georgia) will receive a certificate as outlined in the Local Government Finance Officer Certification Program. Employees of the State of Georgia will receive a certificate as outlined in the State Financial Management Certificate Program.

You must successfully complete Introductory Governmental Accounting – Part I prior to enrolling in Part II and you must successfully complete Introductory Governmental Accounting – Part II prior to enrolling in Intermediate Governmental Accounting. 

None. A link to the textbook is provided in the course. You can choose to print out the textbook or complete the reading assignment online. Everything you need is built within the online course platform. 

Carl Vinson Institute of Government