STANDARD COMPETENCIES:

 

 I.      Describe the concepts and principles used in government and not-for-profit accounting and financial reporting. (I)

 II.     Describe the concepts and principles of fund accounting. (II)

 III.    Analyze transactions in relationship to the fund accounting. (II-IX)

 IV.     Describe the concepts and principles of budgeting and control . (III)

 V.      Use cost information for management and control case studies. (III)

 VI.     Complete end-of-period work including preparing financial reports and closing entries. (IV)

 VII.    Analyze, calculate, and journalize transactions relating to capital projects and debt service. (V)

 VIII.   Describe the accounting and reporting issue for long-lived assets and investments in marketable securities. (VI)

 IX.     Analyze, calculate, and journalize transactions relating to long-term obligations. (VII)

 X       Analyze and prepare journal entries for business-type activities. (VIII)

 XI.     Describe the accounting and reporting issue for fiduciary funds. (IX)

 XII.    Analyze, calculate, and journalize transactions relating to current liabilities. (VII)

 XIII.   Issues of Reporting, Disclosure, and Financial Analysis.

 TOPICAL OUTLINE:

 

 I.      The Government and Not-for-Profit Environment.

 II.     Fund Accounting.

 III.    Issues of Budgeting and Control and Using Cost Information to Manage and Control.

 IV.     Recognizing Revenue and Expenditures in Governmental Funds and Other Not-for-Profit Organizations.

 V.      Accounting for Capital Projects and Debt Service.

 VI.     Long-Lived Assets and Investments in Marketable Securities.

 VII.    Long-Term Obligations.

 VIII.   Business-Type Activities.

 IX.     Fiduciary Funds.