Intermediate Governmental Accounting examines the governmental environment and how governmental GAAP has been designed to meet the objectives of financial reporting in governments. This course concentrates on government financial reporting and examines the financial reporting model prescribed by GASBS 34. It ends with an exercise reconciling the governmental fund-level financial statements to the government-wide financial statements.   

Upon successful completion of this course, the participant should be able to recognize characteristics of the governmental environment and how those characteristics affect accounting within a government, apply concepts learned in Introductory Governmental Accounting, Parts I, and II related to measurement foci and bases of accounting, recognize unique accounting transactions associated with governmental accounting, recognize what constitutes the reporting entity and methods of presenting component units, and recall what is included in basic financial statements and annual comprehensive financial reports.