Governmental Accounting 300 Proprietary & Fiduciary Funds will focus in on the accounting for proprietary and fiduciary funds.
We recommend first taking Governmental Accounting 100 and Governmental Accounting 200 or have equivalent experience before taking this course.
The course will provide an overview of governmental accounting. As we move through the course, we will focus on areas of governmental accounting that are different from for-profit accounting.
We will consider what proprietary funds are and when a proprietary would be used within governmental accounting. Learners will understand the accounting methods and principles applied to proprietary funds. The two types of proprietary funds are internal service funds and enterprise funds.
Learners will learn what an internal service fund is and when an internal service fund will be used. We will demonstrate example problems related to the internal service fund and provide students with the opportunity to work practice problems in Excel along with step-by-step instructional videos and an answer key. As we record accounting transactions for the internal service fund, we will also consider how other related funds may be affected and record appropriate transactions to them. We will also record transactions related to the government-wide level.
The course will explore what an enterprise fund is and when an enterprise fund will be used. Students will have the opportunity to view and then work multiple problems related to an enterprise fund. As we consider the accounting for the enterprise fund, we will also see how other funds may be affected and will enter transactions at the government-wide level.
Next, we will obtain an understanding of what fiduciary funds are and when they will be used. The course will discuss different examples of fiduciary funds. We will demonstrate problems and provide students with the opportunity to work problems related to fiduciary funds.
The course will demonstrate financial reporting for state and local governments. We will also demonstrate the reconciliation of governmental activities and governmental funds and provide example problems for learners to work through in a step-by-step process along with instructional videos.
The course will also include a comprehensive problem.
Governmental Accounting Overview
Proprietary Funds Introduction
-
22 Governmental Accounting Objectives & Reporting Requirements
-
3PDF - 105 Governmental Accounting Objectives
-
4105 Governmental Accounting Objectives
-
5PDF - 106 Governmental Accounting vs Not-For-Profit Accounting
-
6106 Governmental Accounting vs Not-For-Profit Accounting
-
7PDF - 107 Does Non-Profit Mean Money Does Not Matter
-
8107 Does Non-Profit Mean Money Does Not Matter
-
9PDF - 110A Governmental Accounting Objectives
-
10110A Governmental Accounting Objectives
-
11PDF - 125A Government Financial Reporting Requirements
-
12125A Government Financial Reporting Requirements
-
13PDF - 130A Federal Government Financial Reporting Overview
-
14130A Federal Government Financial Reporting Overview
-
15PDF - 140B State & Local Governmental Accounting Objectives, Primary Users, &
-
16140B State & Local Governmental Accounting Objectives, Primary Users, & Useful
-
17PDF - 150B State & Local Governmental Accounting Supplemental Information
-
18150B State & Local Governmental Accounting Supplemental Information
-
19PDF - 160B State & Local Governmental Accounting Elements of Financial Statement
-
20160B State & Local Governmental Accounting Elements of Financial Statements
-
21PDF - 170B State & Local Governmental Accounting Financial Reporting Model
-
22170B State & Local Governmental Accounting Financial Reporting Model
-
23PDF - 180B State & Local Governmental Accounting Fund Reporting
-
24180B State & Local Governmental Accounting Fund Reporting
-
25PDF - 190C Governmental Operating Statement Accounts Government-Wide Expenses &
-
26190C Governmental Operating Statement Accounts Government-Wide Expenses & Revenu
-
27PDF - 200C Governmental Funds Characteristics
-
28200C Governmental Funds Characteristics
-
29PDF - 210C Budgetary Accounts
-
30210C Budgetary Accounts
-
31PDF - 220C Fund Balance Sheet & Operating Statement Accounts Budgetary Accounts
-
32220C Fund Balance Sheet & Operating Statement Accounts Budgetary Accounts
-
33PDF - 230C Revenue Sources & Classifications
-
34230C Revenue Sources & Classifications
-
35PDF - 240C Encumbrances & Expenditures
-
36240C Encumbrances & Expenditures
-
37Accounting Comic Break
Internal Service Funds
Enterprise Funds
-
454 Internal Service Funds
-
46PDF - G19 Internal Service Fund Transactions
-
47G19 Internal Service Fund Transactions
-
48Excel Worksheet Download
-
49Worksheet - G19 Internal Service Fund Transactions & Financial Statements Part 1
-
50Worksheet - G19 Internal Service Fund Transactions & Financial Statements Part 2
-
51PDF - G19B Internal Service Fund Closing Entries
-
52G19B Internal Service Fund Closing Entries
-
53PDF - G19C Internal Service Fund Financial Statements
-
54G19C Internal Service Fund Financial Statements
-
55PDF - G20 Internal Service Fund & Government-Wide
-
56G20 Internal Service Fund & Government-Wide
-
57Excel Worksheet Download
-
58Worksheet - G20 Internal Service Fund & Gov Wide Trans & Financial Stmt Part 1
-
59Worksheet - G20 Internal Service Fund & Gov Wide Trans & Financial Stmt Part 2.E
-
60Multiple Choice G2
-
61Accounting Comic Break
Fiduciary Funds
-
625 Enterprise Funds
-
63PDF - G21 Enterprise Funds
-
64G21 Enterprise Funds
-
65PDF - G24 Enterprise Fund Transactions
-
66G24 Enterprise Fund Transactions
-
67PDF - G25 Enterprise Fund Financial Statements
-
68G25 Enterprise Fund Financial Statements
-
69Excel Worksheet Download
-
70Worksheet - G25 Enterprise Fund Part 1
-
71Worksheet - G25 Enterprise Fund Part 2
-
72Multiple Choice G3
-
73Accounting Comic Break