This course is designed to provide an overview of fundamental concepts in government finance. 

Upon completion of the course, the participant will be able to 

• recite three categories of funds and generic fund types

• explain the purpose of a statement of position and operating statement

• recite the three basis of accounting models

• discuss two different methods of measurement focus 

• recite the five components of internal control

• explain steps to safeguard assets

• discuss the strategic plan's role in budgeting

• recall the importance of fund balance in financial sustainability 

• explain difference between a policy and procedure and discuss role the board has in creating financial policies