Government Finance Demystified

No doubt about it, the more you know about the language of finance, the more you will be able to contribute to your organization. Understanding the ins-and-outs of finance leads to wise and resourceful decisions.

Leita Hart-Fanta, CPA, CGFM, demystifies governmental accounting and budgeting. She is the author of Accounting Demystified and The Four Principles of Happy Cash Flow. She also recently wrote a governmental accounting self-study manual for BISK Education.

This fun and interactive course starts with a humorous video starring John Cleese, of Monty Python fame, and includes hands-on exercises.

In this workshop, you’ll learn:

• What governmental fund types are and how they impact financial results
• How to use the three key financial statements to tell a story about the financial health of an organization
• How to talk about an organization using business lingo derived from the three key financial statements
• How budgets are created and maintained
• How to use cost terminology including variable, fixed, indirect, and direct costs
• How to use four principles to increase the cash flow of the government
• How to best manage working capital
• How to determine a decision’s impact on fund balance and cash
• What the organization’s financial reports contain
• How to extract the information you need from the organization’s financial reports
• What key financial metrics mean and how you impact them

Who should attend: Non-financial professionals AND financial professionals who want to improve communications with their customers

Group size: Up to 24

Length: 16 hours