Financial Account Reconciliation
Download course Syllabus** Please Note: This course requires approval for enrollment, which may take 1-2 business days
Classes will be scheduled for 2011.
Governmental accounting can essentially be broken down into the following six, basic areas:
• Recording (bookkeeping)
• Classification (posting)
• Reporting (communication)
• Planning (budgeting)
• Expenditure control (budget versus actual)
• Legal compliance (adherence to requirements)
The primary objectives of an accounting system within governmental accounting are the safeguarding of resources, stewardship of resources, monitor of resources, provide financial management information and assist in providing an effective internal control structure. In order to meet these objectives, accounts must be reconciled in a timely manner. This comprehensive class will assist in preparing and provide examples of reconciliations for balance sheet accounts, revenue and expense accounts and budgetary information.
Recommended for: Town and School Bookkeepers/Clerks; New Finance Directors
Please see course Syllabus above for additional course details.
This is the second course in a series of three LGC Academy finance courses.
Course Instructor(s):
Municipal Resources Inc.Course Prerequisites
Basic Government Accounting or prior experience in a Finance Officer
Course Fee(s):
Book Costs: $119.00
Course Cost: $30.00
Required Course Book(s):
GFOA Governmental Accounting, Auditing and Financial Reporting, 2005 Edition: Using the GASB 34 Model (a.k.a. The Blue Book)
Municipal Resources, Inc. (MRI) Model Local Community Case Study
Recommended DRA/DOE Standard Chart of Accounts