The fundamentals of state and local government accounting, decision-making, budget practices, and capital planning and funding are taught in this course. The first section of the course provides an overview of generally accepted accounting principles (GAAP) and financial reporting. This is followed by an introduction to funding and allocation of resources, and financial decision-making. The course then introduces the various budget processes and techniques employed by governments in budget preparation, enactment, and execution. The course ends with an examination of how governments fund capital improvements and infrastructure renewal as well as the causes of fiscal distress faced by government entities.

This course is brought to you by Illumeo. Illumeo, incorporated in 2009, is revolutionizing the hide-bound world of corporate learning. Illumeo works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job. Based in Silicon Valley, CA, Illumeo serves thousands of corporations and corporate professionals across Finance, Accounting, Human Resources, Sales and Marketing. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination. Illumeo is the place for expertise management and we are dedicated to the proposition that everyone can be an expert at their job.