Government accounting and financial reporting:

• Accounting rules and principles
• Year End and accounting in relation to the Municipal Act
• Accounting and Financial Regulations of the Municipal
• Accounting Standards.

Governmental Accounting and Reporting:

• Main principles of governmental budgeting and accounting
• Grants Regulations and Rules for Financial Management
• State financial organization

After completing the course, students shall:

• have basic knowledge of legislation (framework and basic contexts)
• have basic knowledge of the purpose and recognition of municipal accounts
• be able to post the most common transactions
• have an understanding of the concepts of costs, expenses, payments, revenues and receipts, as well as to conduct regular accrual entries
• know the account plan
• be able to reconcile the fundamental relationships and reconcile cycle of working
• conduct annual financial statements with simple posts and delisting rules
• be able to set up a clustered results and balance sheet in accordance with the regulations
• have insight in the municipal accounts structure and framework, able to explain the statement as a source of information and a better understanding of accounting principles and reporting requirements be able to treat central accounting measurement and valuation issues
• implement adaptation and correction of accounting for analytical purposes be able to calculate key figures in connection with a financial analysis and make an assessment of the municipality"s financial position and results