Course Description
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CreditsCPE Credits: 12 Course AvailabilityOn-Site Only |
Course Agenda
Module 1
Overview of Financial Reporting and Financial Accountability
- Canvas the latest financial management standards in financial reporting
- Understand why timely, accurate and useful financial reporting is so important
Module 2
Understand how Financial Reporting Affects Decision Making
- Ensure financial reports are utilized for informed decision making
- Learn how to manage data to make performance reporting more effective and efficient
- Realize internal weaknesses and understand which areas need assistance
Module 3
Develop a Performance and Accountability Report (PAR) in Accordance with CEAR™ Standards
- Assess the importance of the guidelines set forth by present fi nancial management mandates in submitting PARs
- Examine the new section on management discussion and analysis
- Learn how to effectively communicate performance information
Module 4
Understand the Importance of Accelerated Reporting in Government
- Evaluate the importance of getting fi nancial reports submitted on time
- Understand the consequences for not producing accurate and timely financial and performance reports
- Improve the quality of financial performance information
Module 5
Improve the Quality of Financial Performance Information
- Mitigate financial reporting errors and payment errors
- Revamp the financial reporting process by utilizing web-based technologies
- Streamline the reporting process in order to produce quality accelerated financial reports
Module 6
Evaluate the Role of Ethics in Financial Reporting
- Examine the Sarbanes-Oxley Act and its influence on government financial reporting
- Understand the future of fi nancial reporting in government as it heads towards an era of integrity and accountability