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Governmental Accounting 100

Fund accounting-governmental accounting-General Fund & government-wide activity transactions-modified accrual method
4.2
4.2/5
(220 reviews)
42,192 students
Created by

8.1

Classbaze Grade®

6.5

Freshness

7.4

Popularity

9.8

Material

Fund accounting-governmental accounting-General Fund & government-wide activity transactions-modified accrual method
Platform: Udemy
Video: 17h 59m
Language: English
Next start: On Demand

Best Accounting classes:

Classbaze Rating

Classbaze Grade®

8.1 / 10

CourseMarks Score® helps students to find the best classes. We aggregate 18 factors, including freshness, student feedback and content diversity.

Freshness

6.5 / 10
This course was last updated on 6/2019.

Course content can become outdated quite quickly. After analysing 71,530 courses, we found that the highest rated courses are updated every year. If a course has not been updated for more than 2 years, you should carefully evaluate the course before enrolling.

Popularity

7.4 / 10
We analyzed factors such as the rating (4.2/5) and the ratio between the number of reviews and the number of students, which is a great signal of student commitment.

New courses are hard to evaluate because there are no or just a few student ratings, but Student Feedback Score helps you find great courses even with fewer reviews.

Material

9.8 / 10
Video Score: 10.0 / 10
The course includes 17h 59m video content. Courses with more videos usually have a higher average rating. We have found that the sweet spot is 16 hours of video, which is long enough to teach a topic comprehensively, but not overwhelming. Courses over 16 hours of video gets the maximum score.
The average video length is 3 hours 59 minutes of 410 Accounting courses on Udemy.
Detail Score: 9.8 / 10

The top online course contains a detailed description of the course, what you will learn and also a detailed description about the instructor.

Extra Content Score: 9.5 / 10

Tests, exercises, articles and other resources help students to better understand and deepen their understanding of the topic.

This course contains:

0 article.
54 resources.
0 exercise.
0 test.

In this page

About the course

Governmental accounting, including fund accounting financial transactions, focusing on the general fund and government-wide activities.
We will work through many example problems as we learn the material, posting transactions to a trial balance, so we can see how accounts behave. Many governmental accounts are new to many learners, and we will be using different accounting methods than just an accrual method. Posting transactions and seeing a trial balance will be very helpful in learning the material and is something lacking in most courses on the subject.
We will discuss the governmental accounting objectives and reporting requirements, comparing them to for-profit entities. The course will assume we are familiar with for-profit accounting and will, therefore, focus on the areas of governmental accounting that are different, although we will continue to work with core concepts like the double entry accounting system.
Learners and instructor will examine state and local governmental accounting principles & financial reporting.
We will record transactions for budgetary accounts & encumbrances. Recording budgetary accounts will be new for many learners familiar with financial accounting, but we will use double entry accounting principles for the process.
The course will explain and analyze governmental operating statement accounts & budgetary accounts.
Learners and instructor will record transactions for encumbrances, expenditures, & delinquent receivables. We will emphasize when a modified accrual method will be used, and what the differences in recording financial transactions will be when used, as compared to an accrual method.
We will record transactions related to revenue in both the General Fund and at the government-wide activities level.
The course will discuss tax anticipation notes and how they will be recorded under a modified accrual method.
Learners and instructor will explore many examples of the closing process, closing out temporary accounts. We will compare the closing process for governmental entities to the closing process in for-profit accounting.
We will examine how to create subsidiary ledgers related to revenue, estimated revenue, appropriations, encumbrances, and expenditures.
The course will provide examples of recording supplies using the consumption method and purchases method, explaining the differences between the two.

What can you learn from this course?

✓ Governmental Accounting Objectives & Reporting Requirements
✓ Fund Accounting Foundations
✓ State & Local Governmental Accounting Principles & Financial Reporting
✓ How to Record Transactions for Budgetary Accounts & Encumbrances
✓ How to Create & Analyze Governmental Operating Statement Accounts & Budgetary Accounts
✓ How to Record Transactions for Encumbrances, Expenditures, & Delinquent Receivables
✓ How to Record Revenue Transactions in Both the General Fund & Government Wide Level
✓ How to Record Tax Anticipation Note & Closing Entries
✓ How to Record Transactions to Both the General Fund & Government Wide Level
✓ Go to Create Subsidiary Ledgers
✓ How to Record Supplies Inventory – Consumption Method & Purchases Method

What you need to start the course?

• Understanding of basic accounting terms

Who is this course is made for?

• Accounting students
• CPA Exam Candidates

Are there coupons or discounts for Governmental Accounting 100 ? What is the current price?

The course costs $19.99. And currently there is a 83% discount on the original price of the course, which was $119.99. So you save $100 if you enroll the course now.
The average price is $17.6 of 410 Accounting courses. So this course is 14% more expensive than the average Accounting course on Udemy.

Will I be refunded if I'm not satisfied with the Governmental Accounting 100 course?

YES, Governmental Accounting 100 has a 30-day money back guarantee. The 30-day refund policy is designed to allow students to study without risk.

Are there any financial aid for this course?

Currently we could not find a scholarship for the Governmental Accounting 100 course, but there is a $100 discount from the original price ($119.99). So the current price is just $19.99.

Who will teach this course? Can I trust Robert (Bob) Steele?

Robert (Bob) Steele has created 126 courses that got 28,621 reviews which are generally positive. Robert (Bob) Steele has taught 572,608 students and received a 4.4 average review out of 28,621 reviews. Depending on the information available, we think that Robert (Bob) Steele is an instructor that you can trust.
CPA, CGMA, M.S. Tax, CPI
Through working with students from many different schools, Mr. Steele has learned best practices for helping people understand accounting fast. Learning new skills and finding the best way to share knowledge with people who can benefit from it is a passion of his.    
Mr. Steele has experience working as a practicing Certified Public Accountant (CPA), an accounting and business instructor, and curriculum developer. He has enjoyed putting together quality tools to improve learning and has been teaching, making instructional resources, and building curriculum since 2009. He has been a practicing CPA since 2005. Mr. Steele is a practicing CPA, has a Certified Post-Secondary Instructor (CPI) credential, a Master of Science in taxation from Golden Gate University, a Bachelor’s Degree in Business Economics with an emphasis in accounting from The University of California Santa Barbara, and a Global Management Accounting Designation (CGMA) from The American Institute of CPA (AICPA).    
Mr. Steele has also authored five books that can be found on Amazon or in audiobook format on Audible. He has developed bestselling courses in accounting topics including financial accounting and QuickBooks accounting software.    
In addition to working as an accountant, teaching, and developing courses Mr. Steele has helped create an accounting website at accountinginstruction, a YouTube channel called Accounting Instruction, Help, and How Too, and has developed supplemental resources including a Facebook Page, Twitter Page, and Podcasts that can be found on I-tunes, Stitcher, or Soundcloud. Mr. Steele’s teaching philosophy is to make content applicable, understandable, and accessible.   
Adult learners are looking for application when they learn new skills. In other words, learners want to be able to apply skills in the real world to help their lives. Mr. Steele’s formal accounting education, practical work experience, and substantial teaching experience allow him to create a curriculum that combines traditional accounting education with practical knowledge and application. He accomplishes the goals of making accounting useful and applicable by combining theory with real-world software like Excel and QuickBooks.    
Many courses teach QuickBooks data entry or Excel functions but are not providing the real value learners want. Real value is a result of learning technical skills like applications, in conjunction with specific goals, like accounting goals, including being able to interpret the performance of a business.   
Mr. Steele makes knowledge understandable by breaking down complex concepts into smaller units with specific objectives and using step by step learning processes to understand each unit. Many accounting textbooks cram way too much information into a course, making it impossible to understand any unit fully. By breaking the content down into digestible chunks, we can move forward much faster.    
Mr. Steele also makes use of color association in both presentations and Excel worksheets, a learning tool often overlooked in the accounting field, but one that can vastly improve the speed and comprehension of learning accounting concepts.   
The material is also made understandable through the application of concepts learned. Courses will typically demonstrate the accounting concepts and then provide an Excel worksheet or practice problems to work through the concepts covered. The practice problems will be accompanied by an instructional video to work through the problem in step by step format. Excel worksheets will be preformatted, usually including an answer tab that shows the completed problem, and a practice tab where learners can complete the problem along with a step by step presentation video.    
Mr. Steele makes learning accounting accessible by making use of technology and partnering with teaching platforms that have a vision of spreading knowledge like Udemy.
Browse all courses by on Classbaze.

8.1

Classbaze Grade®

6.5

Freshness

7.4

Popularity

9.8

Material

Platform: Udemy
Video: 17h 59m
Language: English
Next start: On Demand

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