Course curriculum

  • 1

    Course Overview

    • Cover Page

    • Housekeeping

    • Student Information

    • Instructor Contact Information (2)

    • Introductions (3)

    • Course Lessons

  • 2

    Lesson 1

    • Lesson 1 .1 - Background and Federal GAAP (5)

    • Lesson 1 .1 .1 - US Constitution (6)

    • Lesson 1 .1 .2 - The Budget and Accounting Act of 1921 (7)

    • Lesson 1 .1 .3 - The Budget and Accounting Procedure Act of 1950 (8)

    • Lesson 1 .1 .4 - Federal Managers Financial Integrity Act of 1982 (9)

    • Lesson 1 .1 .5 - The Chief Financial Officers Act (CFOA) of 1990 (10)

    • Lesson 1.1.6 - Government Management Reform Act (GMRA of 1994; Lesson 1.1.7 - Federal Financial Management Improvement Act of 1996 (11-12)

    • Lesson 1.2 - The CFO Act 1990 Created Federal Accounting Standard Advisory Board (FASAB) Generally Accepted Accounting Principles in the Federal Government (13)

    • Lesson 1.3 - Generally Accepted Accounting Principles in the Federal Covernment (14-15)
  • 3

    Lesson 2

    • Lesson 2.0 - Rule-Setting Agencies (16)

    • Lesson 2.1 - Federal Financial Management Regulatory Agencies (17)

    • Lesson 2.1.1 - US Office of Management and Budget (OMB) (18-19)

    • Lesson 2.1.2 - US Department of Treasury; Lesson 2.1.3 - US Government Accountability Office (20-23)

    • Lesson 2.1.4 - Federal Accounting Standards Advisory Board (FASAB) (24)
  • 4

    Lesson 3

    • Lesson 3.0 - Authority, Unobligated Authority, Obligations, and Budget Outlays (25)

    • Lesson 3.1 - What is Budget Authority (26)

    • Lesson 3.1.1 - Appropriations (27-31)

    • Lesson 3.1.2 - Spending Authority from Offsetting Collections (32)

    • Lesson 3.1.3 - Contract Authority (33)

    • Lesson 3.1.4 - Borrowing Authority (34)

    • Exercise 1 (35)

    • Exercise 1A

    • Exercise 1B
  • 5

    Lesson 4

    • Lesson 4.0 - The United States Standard General Ledger (36)

    • Lesson 4.1 - USSGL Policy Statement; Lesson 4.2 - Overview of US USSGL Chart of Account (37)

    • Lesson 4.3 - Other USSGL Requirements (38)

    • Lesson 4.4 - There Are Two Accunting Equations (39)

    • Lesson 4.4.1 - Budgetary Accounting Equation (40)

    • Lesson 4.4.2 - Budgetary Cycle (41)

    • Lesson 4.4.3 - Typical Budgetary Accounting Transactions (42-45)

    • Lesson 4.4.4 - Proprietary Accounting Equation (46-55)

    • Lesson 4.4.5 - The USSGL Accounting Flow (56)

    • Exercise 2 (57)

    • Exercise 2
  • 6

    Lesson 5

    • Lesson 5.0 - Agency Financial Statements (58)

    • Lesson 5.1 - Form and Content (59)

    • Lesson 5.2 - Contents of the Agency's Financial Statements (60)

    • Lesson 5.3 - Authoritative Guidance (61-63)

    • Lesson 5.4 - OMB Circular A-136 - Financial Section (64-89)

    • Exercise 3 (90)
  • 7

    Final Evaluation

    • Final Evaluation (91)
  • 8

    Reference Materials

    • Appendix 1 - Upward and Downward Adjustments to Expired Appropriations

    • Appendix 1 - Guide for Basic Accounting and Reporting for Upward and Downward Adjustments to Prior Year Obligations

    • Appendix 2 - US Standard General Ledger Chart of Accounts

    • Appendix 3 - Departmental Directive

Instructions for Live Course

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