4Track C

Understanding Governmental Accounting and Understanding the Financial Statements

• 09/08/2025
• 01:00 p.m. - 05:00 p.m.
• 12 hours

• 09/09/2025
• 08:00 a.m. - 05:00 p.m.

Course Description

Geared toward program managers, administrators, legislators, and other nonaccountants, this workshop provides an introduction to the basics of accounting followed by a guide to reading and understanding the financial statements.  The course begins with accounting terminology and concepts and includes a hands-on exercise that enables participants to prepare a simple set of financial statements. It then takes a closer look at the fundamental information included in a government’s financial statements, including the government’s health and where the financial risks lie.  Participants will gain a working knowledge of fund types and categories and understand how funds appear in the financial statements.  This course is designed to make the audited financial statements more user-friendly and to provide a key to unlocking the basic information they contain.

Laptops or tablets required.

What You Will Learn

APIPA conference sessions are intended for island government accountability professionals.  Audit, budget, finance, accounting, and related management and staff members will find interest and value in this presentation.

Who Should Attend?

Instructors