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, The Four Principles of Happy Cash Flow, The Yellow Book (Government Auditing Standards) Interpreted, and Introduction to Government Accounting.

This fun and interactive course starts with a humorous video starring John Cleese, of Monty Python fame, and includes a fast and mildly competitive board game called "Profit and Cash™". 

Objectives:

• Describe governmental fund types and financial statement layers
• Use key financial statements to tell a story about the financial health of an organization
• Create and maintain a simple performance-based budget
• Apply cost terminology including variable, fixed, indirect, and direct costs
• Apply four principles to increase the cash flow of the government
• Determine a decision’s impact on fund balance and cash
• Create performance measures and link them to the budget
• Extract the information you need from the organization’s financial reports
• Interpret key financial metrics and discuss how to impact them

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

Program level: Basic

Prerequisites: No prerequisites or advance preparation required

Delivery method: Group live

Recommended CPE credit: 16 hours