AICPA Governmental Accounting Course | 14 CPE
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Who is AICPA?
AICPA (the Association) represents AICPA® & CIMA®.
The Association has over 696,000 members in 192 countries. AICPA is the worldwide leader on public and management accounting issues through support for the CPA license, specialized credentials, professional education & thought leadership.
Fundamentals of Governmental Accounting and Reporting
AICPA CPE course | Governmental accounting
Build a practical foundation in governmental accounting and reporting with this AICPA online course for accounting professionals, finance teams and auditors working with state and local government environments.
The course examines fund accounting, budgeting, measurement focus and basis of accounting, governmental funds, government-wide financial statements and key reporting requirements used by governments.
Best for: Accountants, auditors and finance professionals who need a structured introduction or refresher in state and local governmental accounting and reporting.
Course at a glance
CPE credits
14 CPE credits
Field of study
Accounting, Governmental
Level
Basic
Access
Online course with 1 year access
| Official course name | Fundamentals of Governmental Accounting and Reporting |
|---|---|
| AICPA product number | FGAC25SSO |
| Format | Online |
| Prerequisites | No prerequisites stated by AICPA-CIMA for this course. |
Why take this governmental accounting course?
Governmental accounting has its own reporting logic, terminology and financial statement structure. A professional who is comfortable with commercial financial statements can still find governmental funds, modified accrual accounting, government-wide reporting and special purpose governments confusing without a structured foundation.
This course is designed to help you understand how state and local governments account for resources, report financial activity and present information to stakeholders. It is especially useful if you work with government clients, public sector entities, grant-funded organizations or audit engagements involving governmental reporting.
Eduyush view: This course is a strong fit for professionals who need practical government accounting literacy rather than a full CPA exam review course. It helps bridge the gap between general accounting knowledge and the fund-based reporting model used by governments.
What you will learn
By completing this AICPA course, learners should be able to recognize and apply the core concepts that make governmental accounting different from corporate accounting.
| Learning area | What the course helps you understand |
|---|---|
| Governmental accounting environment | Recognize the unique aspects of the governmental accounting environment and how it differs from commercial reporting. |
| Fund types and purposes | Identify governmental fund types, categories and purposes, including how funds are used to account for public resources. |
| MFBOA | Identify the appropriate measurement focus and basis of accounting for fund accounting and reporting. |
| Revenues and expenditures | Recognize how governmental revenues and expenditures are classified, measured and reported. |
| Government reporting model | Recognize the financial reporting structure used by governments, including fund-level and government-wide statements. |
| Government-wide statements | Identify the format and reporting requirements for government-wide financial statements. |
| Special purpose governments | Recognize special purpose governments and how reporting considerations may differ. |
| Capital assets and long-term liabilities | Identify the impact of capital assets and long-term liabilities at both the fund reporting level and government-wide level. |
Course topics covered
The course covers the core building blocks of governmental accounting and reporting, making it suitable for professionals who want a clear overview before working on public sector accounting or audit assignments.
| Topic | Why it matters |
|---|---|
| The governmental environment and GAAP | Provides the reporting context and accounting framework used by government entities. |
| Fund accounting and the financial reporting model | Explains why governments use funds and how fund accounting supports accountability. |
| Measurement focus and basis of accounting | Clarifies how accounting treatment changes depending on the fund and reporting level. |
| Governmental, proprietary and fiduciary funds | Helps learners distinguish the purpose and accounting treatment of different fund categories. |
| Government-wide financial statements | Explains the broader financial statement presentation used for governmental activities. |
| Comprehensive annual financial report | Introduces the structure and reporting expectations for comprehensive government reporting. |
| Special purpose governments | Highlights reporting considerations for entities with narrower governmental functions. |
| Deferred outflows and deferred inflows of resources | Introduces important reporting elements used in governmental financial statements. |
Who should buy this course?
This course is useful for professionals who need to understand the governmental reporting model without jumping straight into advanced public sector accounting material.
| Learner profile | Why this course fits |
|---|---|
| Accountants in state or local government environments | Builds a structured foundation in fund accounting, budgeting and reporting. |
| Auditors with government clients | Provides a refresher on governmental accounting concepts used in public sector engagements. |
| Finance professionals moving into public sector roles | Explains the reporting model and terminology used by governmental entities. |
| Professionals working with grants or government-funded entities | Helps clarify why accountability and fund classification matter in government reporting. |
| CPA and accounting professionals needing CPE | Offers 14 CPE credits in Accounting, Governmental, at a basic level. |
How Eduyush delivery works
After you purchase through Eduyush, we process your order and arrange access to the AICPA online course. You receive online access for the course and can complete the learning within the access period.
| Step | What happens |
|---|---|
| Buy the course on Eduyush | Place your order through the Eduyush product page. |
| Access is processed | Eduyush coordinates course access after purchase. |
| Complete the online course | Study the course at your pace during the access period. |
| Earn CPE credits | Complete the course requirements to earn the stated CPE credits. |
Note: Course access, content, CPE credit rules and completion requirements are governed by AICPA-CIMA course policies. Eduyush helps learners purchase and access the course conveniently.
Build confidence in governmental accounting
If you work with state and local government reporting, government audits, public sector finance or governmental CPE requirements, this course gives you a structured way to understand the fundamentals.
Explore related options in Eduyush’s AICPA CPE courses collection or compare specialist programs in the AICPA certifications collection.
FAQs
What is the Fundamentals of Governmental Accounting and Reporting course?
It is an AICPA online course covering fund accounting, budgeting, governmental reporting, MFBOA, fund types and government-wide financial statements.
How many CPE credits does this course provide?
The course provides 14 CPE credits in Accounting, Governmental.
Who is this course for?
It is designed for accounting and finance professionals working in state and local government environments and auditors with state and local government clients.
Is this course beginner friendly?
Yes. The course is listed as basic level and is suitable for learners who need a foundation or refresher in governmental accounting and reporting.
How long do I get access?
The course provides 1 year of online access.
Does this course cover government-wide financial statements?
Yes. The course includes government-wide financial statements, fund accounting, reporting structure and related governmental reporting requirements.
Course information source
Course details such as CPE credits, field of study, level, access period, product number, learning outcomes and course topics are based on the published AICPA-CIMA course information.
