Accounting I
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 Export to Your Calendar 1/22/2019 to 2/28/2019
When: According to Location
Where: Albany, Buffalo, Long Island, Westchester
United States


Online registration is available until: 1/21/2019
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Accounting 1

Course Credit: 10 CTLE for SDBLs | 12 CPE for CPAs

$275 for Members / $375 for Non-Members

This course provides attendees with an introduction to fund accounting in school districts. It will provide attendees with a comprehensive understanding of what governmental accounting means and how accounting entries are recorded on a modified accrual basis of accounting.  Accounting 1 will cover accounting for assets, liabilities, revenues and expenditures for a school district during the school year and will also cover the specific accounting issues of the General, Food Service and Agency Funds.

Topics Covered:

  • Overview of governmental accounting

    • What is it

    • What is different from other types of accounting

    • Comparison of the focus of different basis of accounting methods

    • Uniform System of Accounts in NYS

      • School District Accounting and Reporting Manual

      • Planning for ESSA and Transparency Reporting

  • Accounting for Cross-fund Transactions

    • Recording budgets and encumbrances

    • Assets

    • Liabilities

    • Fund Balance

    • Revenues

    • Expenditures

  • Accounting for the General Fund

    • Taxes Collection process

    • Prepaid Expenditures

    • Due to ERS/TRS

    • State Aid

    • Billing Other Districts - Tuition, Foster Care, Parentally-Placed

    • Fund Balances

  • Accounting for the Food Service Fund

    • State and Federal Aid claiming

    • Accounting for inventory

    • Accounting for sales tax

    • Accounting for surplus food

  • Accounting for the Agency Fund

    • What should be accounted for here and what shouldn’t?

    • Recording payroll related transactions

    • Accounting for Extraclassroom Activities

 

Locations, Presenters, and Schedule

Day 1 Registration 8:00 a.m. | Program: 8:30 a.m.-4:30 p.m.
Day 2 Registration 8:00 a.m. | Program: 8:30 a.m.-12:00 p.m.

Long Island - January 22 & 23

Western Suffolk BOCES
31 Lee Avenue, Wheatley Heights, NY 11798
Presented by Tim Doyle, The Bonadio Group

Albany - January 31 & February 1

ASBO New York Training Center
453 New Karner Rd, Albany, NY 12205

Presented by Sarah Morrison, Senior State Aid Planning Specialist, Questar III BOCES

Western - February 6 & 7

Erie I BOCES
355 Harlem Rd, West Seneca, NY 14224
Presented by representatives from Raymond F Wager, CPA, P.C. a division of Mengel Metzger Barr & Co. LLP

Westchester - February 27 & 28

Putnam | Northern Westchester BOCES
200 BOCES Drive, Yorktown Heights, NY 10598
Presented by Sarah Morrison, Senior State Aid Planning Specialist, Questar III BOCES