MGFOA Back to Basics 2012 - Session III

Public Financial Statements

October 4, 2012
9:00am - 3:30pm
100-200 Level
Holiday Inn Express & Suites
2209 University Park Dr.
Okemos, MI 48864
517-349-8700
Driving Directions
*Please note this is a different location than the 2011 Back to Basics program. Although it shares the parking lot with the former location (Okemos Conference Center), it is in a different building (Holiday Inn Express & Suites). There is not a block of rooms reserved.

Online Registration

Registration Fees: 

The registration fee includes instructions, printed materials, refreshments, and lunch.

Package - Early Registration Deadline:  April 16, 2012 
Session I - Early Registration Deadline:  April 16, 2012
Session II - Early Registration Deadline:  May 7, 2012
Session III - Early Registration Deadline:  Sept 24, 2012

Cancellation Policies:
Refunds will be made ONLY if MGFOA is notified by April 16, 2012 for Session I; May 7, 2012 for Session II; and September 24, 2012 for Session III. If you have registered and find that you cannot attend, you may transfer your registration to another person. Rates may vary based on membership status. Please notify MGFOA of this occurrence.
No cancellations will be accepted for the package of (3) sessions after April 16, 2012. However, if due to unforeseen circumstances you cannot attend session II or III and notify MGFOA prior to the cancellation date, your registration for that session will be carried forward to 2013.

Agenda:
Registration begins at 8:30AM. The program starts at 9:00AM and ends at approximately 3:30PM. Lunch will be served at noon.

Program Overview:
The Michigan Government Finance Officers Association is proud to offer a package of three one-day seminars designed for practitioners in the field of public finance who are responsible for the accounting and budgeting functions in their governmental units. Participants must have had basic accounting and bookkeeping training to enroll in this program. Certificates of completion will be awarded to participants who successfully complete the series of three seminars within two years. Each seminar qualifies for six (6) CPE or .6 CEU credits. The CPE credits qualify for governmental accounting and auditing.

About the Speakers:
Les Pulver is the senior governmental audit partner at Plante & Moran, PLLC and Bill Brickey is a senior manager. Between them, they have 50 years of experience in P&M’s governmental group. Both Les and Bill specialize in serving governmental units of all sizes as auditors and ongoing advisors in accounting and various financial matters.

Session Description:

I. Fundamental Elements of Governmental Accounting:

This seminar will introduce the concepts of fund accounting with emphasis on Governmental GAAP and their applications, aswell as the state mandated uniform accounting system for local units. Accounting for Governmental, Special Revenue and Proprietary Funds will also be covered, as will current issues in governmental accounting, such as accounting for compensated absences and other post employment benefits (OPEB) such as retiree health care. The session will include a discussion of GASB 34, its background and elements needed to prepare the government wide financial statements.

II. Governmental Budgeting

This seminar includes instructions, discussions and samples of governmental budgeting as practiced in Michigan under the requirements of PA 621 of 1978, the Uniform Budgeting and Accounting Act for Local Units of Government.  Topics will include:
•  The budget as a policy document
•  The budget as an operations guide
•  The budget as a financial plan
•  The budget document as a communications device

III. Public Financial Statements

This program is designed for local officials and practitioners in the field of public finance who are responsible for the financial reporting functions in their governmental units and those who would like to learn how to read and analyze a governmental financial statement. This seminar includes instruction and discussions about financial reporting in Michigan under the requirements of PA 2 of 1968, the Uniform Accounting Act for Local Units of Government. The Government Finance Officers Association (GFOA) criteria for achieving the Award for Excellence in Financial Reporting, including the requirements of clarity, comparability and completeness will be reviewed and demonstrated.

Brochure & Hard-Copy Registration Form