Description:
Update your knowledge with the latest information on the U.S. Government Standard General Ledger (SGL). Learn how the SGL provides the framework for publishing the financial statements required by the Chief Financial Officers Act, Federal Financial Management Improvement Act (FFMIA), and Accountability of Tax Dollars Act (ATDA).
Duration:
2 days
Level:
Foundational
Who Should Attend?
Federal budgeting and accounting professionals who need to use the Government’s SGL and understand its impact on typical accounting and reporting processes will benefit by attending this course. Participants should be familiar with accounting principles as taught in Introduction to Federal Accounting (ACCT7001).
Credits:
16 CPEsLearning Outcomes:
- State the basic budgetary and basic proprietary accounting equation.
- List basic criteria for federal budgetary and proprietary accounting.
- State the nature, frequency of reporting and means of transmitting information for the SF-133 agency financial statements.
- Prepare pre- and post-closing trial balances.
- Prepare budgetary and proprietary financial statements from trial balances.
- Explain the composition of the reports required under Bulletin 01-09, Form and Content of Agency Financial Statements, as incorporated in OMB Circular A-136, issued by the Office of Management and Budget (OMB).
- State the organization of the U.S. Government Standard General Ledger (SGL).
- State the organization of the SGL chart of accounts.
- Journalize budget and proprietary entries for basic transactions with one-year operating appropriations and those accounts with spending authority from offsetting receipts and collections (i.e., revolving funds).
Available Sessions:
| Session Code | Start Date | End Date | Location | Tuition | |
|---|---|---|---|---|---|
| Session Code ACCT8100-004 | Start Date May 14, 2025 9:00 AM EST | End Date May 15, 2025 5:00 PM EST | Location Virtual | Tuition $959.00 | |
| Session Code ACCT8100-002 | Start Date Jul 01, 2025 9:00 AM EST | End Date Jul 02, 2025 5:00 PM EST | Location Virtual | Tuition $959.00 | |
| Session Code ACCT8100-003 | Start Date Aug 13, 2025 9:00 AM EST | End Date Aug 14, 2025 5:00 PM EST | Location Virtual | Tuition $959.00 | |
| Session Code ACCT8100-005 | Start Date Sep 04, 2025 9:00 AM EST | End Date Sep 05, 2025 5:00 PM EST | Location Virtual | Tuition $959.00 | |
| Session Code ACCT8100-006 | Start Date Nov 18, 2025 9:00 AM EST | End Date Nov 19, 2025 5:00 PM EST | Location Virtual | Tuition $959.00 |
- Background and structure of the SGL
- Budgetary Accounting for a Basic Operating Appropriation - Year 1
- Budgetary Accounting for a Basic Operating Appropriation - Years 2-6
- Proprietary Accounting for a Basic Operating Appropriation
- Accounting for Revolving Funds
Other Recommended Courses:
- Advanced Federal Accounting (ACCT8004)
- Federal Accounting Standards (ACCT7102)
- Federal Activity Costing, Analysis & Reporting (ACCT8010)
- Federal Budgeting, Execution, and Accounting: The Relationship (FINC8300)
