Accounting and Financial Reporting Exam
- A collection of 36 hours of training videos covering content for the CPFO Accounting and Financial Reporting Exam.
- Government Accounting Intensive Series
- Seven sessions totaling 14 hours of viewing (two hours per session)
- Evaluating Internal Controls
- Two sessions totaling 7.5 hours of viewing
- Fundamentals of Preparing an Annual Comprehensive Financial Report
- Six sessions totaling 12 hours of viewing (two hours per session)
- Government-wide Financial Statements
- One session - 2 hours
- Government Accounting Intensive Series
- A practice test consisting of 40 questions
- A practice test consisting of 20 questions
- Study terms and Concepts Handout - available in the Handouts tab
- Use this to track learning of the main concepts and to develop flashcards
Key:
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GAIS PPT Slides - All Sessions
Open to download resource.
Open to download resource.
PowerPoint slides for sessions 1-7.
Evaluating Internal Controls PPT
Open to download resource.
Open to download resource.
Presentation slides for the Evaluating Internal Controls training seminar.
Evaluating Internal Controls - Session 1
Open to view video.
Open to view video.
Day 1 of 2 for the Evaluating Internal Controls training seminar.
Evaluating Interal Controls Session 2
Open to view video.
Open to view video.
Day 2 of 2 for the Evaluating Internal Controls training seminar.
EIC Handouts Session 1
Open to download resource.
Open to download resource.
Handouts referenced during session/ day 1.
ACFR PPT Slides - All Sessions
Open to download resource.
Open to download resource.
Sessions 1-6 for the Fundamentals of Preparing an ACFR.
ACFR Session 1
Open to view video.
Open to view video.
Session 1 of 6.
Snapshot of GASB Codification; elements of a comprehensive annual financial report; elements of the introductory section, including the contents of a letter of transmittal; overview of the financial section; comprehensive annual financial statement audit; and management’s discussion and analysis
ACFR Session 2
Open to view video.
Open to view video.
Session 2 of 6.
Overview of basic financial statements including note disclosures; structure of the basic financial statements; presentation of component units; major fund and fund-type reporting; and governmental fund financial statements, including and the budgetary statement and reconciliations
ACFR Session 3
Open to view video.
Open to view video.
Session 3 of 6.
Proprietary fund financial statements and fiduciary fund financial statements.
ACFR Session 4
Open to view video.
Open to view video.
Combining statements and schedules, supplementary reporting, and government-wide statements.
ACFR Session 5
Open to view video.
Open to view video.
Session 5 of 6.
Summary of significant accounting policies (SSAP) and detailed financial statement note disclosures.
Government-wide Financial Statements... Video
Open to view video.
Open to view video.
A two-hour seminar on Government-wide Financial Statements, Conversions, and Consolidations. (There is a temporary audio issue at the beginning of the session.)
Accounting and Financial Reporting Practice Test
40 Questions | Unlimited attempts | 32/40 points to pass | Graded as Pass/Fail
40 Questions | Unlimited attempts | 32/40 points to pass | Graded as Pass/Fail
A forty-question practice test covering topics from the Accounting and Financial Reporting exam content outline.
Practice Test #2
20 Questions | Unlimited attempts | 16/20 points to pass | Graded as Pass/Fail
20 Questions | Unlimited attempts | 16/20 points to pass | Graded as Pass/Fail
This 20-question practice test covers the following topics: Grant Accounting, Transmittal Letter and MD&A, Assessing near-term financial position, Assessing net position, Assessing economic condition and Fund balance classification.
