▪ Define unique aspects of the governmental environment
▪ Define the 11 fund types and 3 fund categories
▪ Apply the appropriate MFBA (Measurement Focus and Basis of Accounting) to fund accounting and reporting
▪ Classify, measure and report governmental revenues and expenditures
▪ Understand the financial reporting structure used by governments
▪ Define the format and reporting requirements for government-wide financial statements
▪ Distinguish special purpose governments
▪ Identify the impact of capital assets and long-term liabilities at the fund reporting level as well as the government-wide financial statement level

▪ The governmental environment and GAAP
Fund accounting and the financial reporting model
▪ Budgeting
▪ MFBA
▪ Revenues and expenditures
▪ Governmental, proprietary, and fiduciary funds
▪ Government-wide financial statements
▪ CAFR
▪ Special purpose governments
▪ Deferred outflows of resources and deferred inflows of resources