The Academy for New York State's Local Officials

Overview of Governmental Accounting

10:00 AM - 11:00 AM
This session will familiarize local officials with the accounting process for municipalities and some of the unique elements of governmental accounting. It will include an overview of Generally Accepted Accounting Principles (GAAP), the Uniform Accounting System, measurement focus and encumbrances. We’ll also discuss resources available from the Comptroller’s Office to assist fiscal officers with their responsibilities.