Registrants will receive a link to watch the recording online as many times as they would like. However, this recording link may expire three months from the date of registration. We cannot guarantee it will be available after those three months.

General Information

• Cost: $35.00
• Recording Duration: 61 Minutes
• Broadcast Date: February 25, 2020
• Credits Available for Self-Reporting: 1.0 CPE, 1.0 CML

Webinar Overview

The evolution of financial reporting requirements and auditing standards for all forms of local government requires oversight by those charged with governance. What should an elected official be looking for in the financial reports that are presented at each council or commission meeting? How can staff be sure to present the right information in the best way to help elected officials (and other staff) understand the financial picture of an agency? 

Educational Objectives

The webinar will present basic financial concepts used by local government to assist with your understanding of the complex world of governmental accounting. Discussion areas include:

• Terminology unique to government financing
• Fund accounting
• Restricted revenues and how can they be used
• Best practices for financial reporting and fiscal oversight
• How the contributions of elected officials can help them and their communities be more successful (and avoid pitfalls at the same time!)

Presenters

• Mike Bailey, Finance Consultant, MRSC.
• Toni Nelson, Finance Consultant, MRSC.