Building on foundational knowledge in Introductory Governmental Accounting Part I & II, this course covers more advanced topics that are essential for accounting professionals working in governmental settings. Students will explore complex accounting practices such as bond discounts, disclosure forms, encumbrances, and the accounting treatment of capitalized assets and depreciation. An introduction to Generally Accepted Accounting Principles (GAAP) and revenue recognition principles will be covered, along with the accounting treatment of revenue, receivables, and inventory specific to governmental entities. Students will also gain insights into leasing arrangements, Special Benefits Improvement District Assessments (SBITAs), and the accounting implications of programs such as the Paycheck Protection Program (PPP). Through case studies and practical exercises, students will develop a solid understanding of the intricacies of governmental accounting practices.

This course meets synchronously for 2 hours each week and includes approximately 2 hours of asynchronous instruction. Asynchronous instruction may include case studies, discussion board posts, additional lecture materials, and other course content to be determined as the course progresses. Students should also expect additional homework during the week.

This is the final of three courses that comprise the Governmental Accounting Certificate at Evergreen. Courses must be taken in sequential order.