Governmental Accounting 200 Capital Projects & Debt Service
Learn governmental accounting from a practicing CPA, CGMA, CPI, with B.S.Tax.
2 Governmental Accounting Overview
FREE PREVIEW105A Governmental Accounting Objectives
FREE PREVIEW105 Gobernmental Accounting Objectives
FREE PREVIEW106A Governmental Accounting vs Not-For-Profit Accounting
FREE PREVIEW106 Governmental Accounting vs Not-For-Profit Accounting
FREE PREVIEW107A Does Non-Profit Mean Money Does Not Matter
FREE PREVIEW107 Does Non-Profit Mean Money Does Not Matter
FREE PREVIEW110A Governmental Accounting Objectives
FREE PREVIEW110A Governmental Accounting Objectives
FREE PREVIEW125A General Purpose External Government Financial Reporting Requirements
FREE PREVIEW125A Government Financial Reporting Requirements
FREE PREVIEW130A Federal Government Financial Reporting Overview
FREE PREVIEW130A Federal Government Financial Reporting Overview
FREE PREVIEW140B Objectives, Primary Users, & Usefulness
FREE PREVIEW140B State & Local Governmental Accounting Objectives, Primary Users, & Usefulness
FREE PREVIEW150B Supplementary Information
FREE PREVIEW150B State & Local Governmental Accounting Supplemental Information
FREE PREVIEW160B Elements of Financial Statements
160B State & Local Governmental Accounting Elements of Financial Statements
170B Financial Reporting Model
170B State & Local Governmental Accounting Financial Reporting Model
180B Fund Reporting
180B State & Local Governmental Accounting Fund Reporting
190C Gov Operating Statement - Gover Wide Classification
190C Governmental Operating Statement Accounts Government-Wide Expenses & Revenues
200C Governmental Funds Characteristics
200C Governmental Funds Characteristics
210C Budgetary Accounts
210C Budgetary Accounts
220C Fund Balance Sheet & Operating Statement Accounts
220C Fund Balance Sheet & Operating Statement Accounts Budgetary Accounts
230C Revenue Sources & Classifications
230C Revenue Sources & Classifications
240C Encumbrances & Expenditures
240C Encumbrances & Expenditures
1 Multiple Choice Questions – Capital Project Fund – Governmental Accounting
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3 Capital Assets Introduction
FREE PREVIEWE2 Capital Assets
E2 Capital Assets
E3 Capital Assets Required Disclosures
E3 Capital Assets Required Disclosures
E4 Types of Capital Assets
E4 Types of Capital Assets
E5 Construction Work in Progress
E5 Construction Work in Progress
E6 General Capital Assets Acquired Under Lease Agreement
E6 General Capital Assets Acquired Under Lease Agreement
E7 Asset Desposal or Reductions
E7 Asset Disposal or Reductions
2 Multiple Choice Questions – Capital Project Fund – Governmental Accounting
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4 Capital Projects Fund, Bonds Issued for Capital Project, & Retained Percentage
FREE PREVIEWE8 Capital Projects Fund
E8 Capital Projects Fund
E9 Bonds Issued for Capital Project
E9 Bonds Issued for Capital Project
E10 Retained Percentage & Bond Anticipation Notes
E10 Retained Percentage & Bond Anticipation Notes
3 Multiple Choice Questions – Capital Project Fund – Governmental Accounting
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5 Capital Project Fund, General Fund, & Government Wide Activity Transactions
FREE PREVIEWE18 Capital Assets - Capital Projects General & Gov Wide
E18 Capital Assets Capital Projects Fund, General Fund, & Gov Wide Level
Excel Worksheet Download
Worksheet - E18 General Fund, Government-Wide, & Capital Projects Fund
E20 Capital Lease Capital Project Fund & Gov WIde
E20 Capital Asset Acquired Under Lease Agreement Capital Project Fund & Government Wide
Excel Worksheet Download
Worksheet - E20 Capital Lease Capital Project Fund & Government Wide
E22 Capital Projects Fund & Government Wide
E22 Capital Projects Fund & Government Wide
Excel Worksheet Download
Worksheet - E22 Capital Projects Fund & Government Wide
4 Multiple Choice Questions – Capital Project Fund – Governmental Accounting
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6 Financing Sources for Capital Projects Transactions
FREE PREVIEWE23 Financing sources Capital Projects Gov Wide
E23 Financing Sources Capital Projects Fund & Government Wide Activity
Excel Worksheet Download
Worksheet - E23 Financing sources Capital Projects Gov Wide
5 Multiple Choice Questions – Capital Project Fund – Governmental Accounting
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7 Statement of Revenues Expenditures & Changes in Fund Balance
FREE PREVIEWE24 Statement of Revenues Expenditures & Changes in FB
E24 Capital Project Fund Statement of Revenues Expenditures & Changes in Fund Balance
Excel Worksheet Download
Worksheet - E24 Statement of Revenues Expenditures & Changes in FB
6 Multiple Choice Questions – Capital Project Fund – Governmental Accounting
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8 Capital Project Fund & Government Wide Activities Transactions
FREE PREVIEWE25A Capital Projects Fund & Gov Wide Part 1
E25 Capital Projects Fund & Gov Wide Activity Part 1
E25B Capital Projects Fund & Gov Wide Parrt 2
E25B Capital Projects Fund & Gov Wide Activity Part 2
Excel Worksheet Download
Worksheet - E25 Capital Projects Fund & Gov Wide Part 1
Worksheet - E25 Capital Projects Fund & Gov Wide Part 2
Worksheet - E25 Capital Projects Fund & Gov Wide Part 3
E26 Capital Project Fund Activity & Close
E26 Capital Projects Fund Activity & Closing Entries
E26B Financial Statements
E26B Capital Projects Fund Financial Statements
Excel Worksheet Download
Worksheet - E26 Capital Project Fund Activity & Close
7 Multiple Choice Questions – Capital Project Fund – Governmental Accounting
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9 General Long-Term Liabilities & Debt Service Fund Overview
FREE PREVIEWF2 Long Term Liabilities
F2 Governmental Accounting Long Term Liabilities
F4 Debt Service Funds
F4 Governmental Accounting Debt Service Funds
F6 Types of Bonds
F6 Governmental Accounting Types of Bonds
F8 Debt Service Funds Financial Reporting
F8 Debt Service Funds Financial Reporting Government-Wide Level
F10 Leases
F10 Debt Service Funds Leases
8 Multiple Choice Questions – Capital Project Fund – Governmental Accounting
1 Discussion Question – Capital Projects - Governmental Accounting
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10 Debt Service Fund, General Fund, Capital Project Fund & Gov. Wide Transactions
FREE PREVIEWF18 Debt Service, General, Gov Wide & Capital Projects
F18 Debt Service, General, Gov. Wide & Capital Projects
Excel Worksheet Download
Worksheet - F18 Debt Service, General, Gov Wide & Capital Projects
F19 Debt Service Fund Budget & Journal Entries
F19 Debt Service Fund Budget & Journal Entries
Excel Worksheet Download
Worksheet - F19 Debt Service Fund Budget & Journal Entries
F20 Capital Lease
F20 Lease Financing Agreement
Excel Worksheet Download
Worksheet - F20 Capital Lease
9 Multiple Choice Questions – Capital Project Fund – Governmental Accounting
2 Discussion Question – Capital Projects - Governmental Accounting
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11 Statement of Revenues, Expenditures & Changes in Fund Balance
FREE PREVIEWF22 Statement of Revenues Expenditures
F22 Debt Service Fund Statement of Revenues Expenditures
Excel Worksheet Download
Worksheet - F22 Statement of Revenues Expenditures
10 Multiple Choice Questions – Capital Project Fund – Governmental Accounting
3 Discussion Question – Capital Projects - Governmental Accounting
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12 Debt Service Fund Term Bonds Transactions
FREE PREVIEWF24 Debt Service Fund Term Bonds
F24 Debt Service Fund Term Bonds
Excel Worksheet Download
Worksheet - F24 Debt Service Fund Term Bonds
11 Multiple Choice Questions – Capital Project Fund – Governmental Accounting
4 Discussion Question – Capital Projects - Governmental Accounting
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13 Debt Service Fund, Capital Project Fund, & Gov. Wide Transactions
FREE PREVIEWF25A Debt Service Capital Project Gov 2 Years Part 1
F25A Debt Service Fund, Capital Project Fund & Gov. Wide 2 Years Part 1
F25B Debt Service Capital Project Gov 2 Years Part 2
F25B Debt Service Fund, Capital Project Fund, & Gov Activities 2 Years Part 2
Excel Worksheet Download
Worksheet - F25 Debt Service Capital Project Gov 2 Years Part 1
Worksheet - F25 Debt Service Capital Project Gov 2 Years
12 Multiple Choice Questions – Capital Project Fund – Governmental Accounting
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14 Comprehensive Problem
FREE PREVIEWExcel Worksheet Download
G1 Comp
Excel Worksheet Download
G2 Comp
Excel Worksheet Download
G3
Excel Worksheet Download
G4 Comp
G4.5 Comp
Excel Worksheet Download
G5 Comp
G5.5 Comp
Excel Worksheet Download
G6 Comp
Excel Worksheet Download
G7 Comp
Excel Worksheet Download
G8 Comp
Excel Worksheet Download
G9 Comp
Excel Worksheet Download
G10 Comp
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The course will focus on larger capital projects and the use of a capital project fund and debt service fund to track them.
We will cover governmental accounting objective, which will be a review from governmental accounting 100.
The course will discuss what capital assets are and how they are recorded in governmental accounting, comparing governmental accounting to for-profit accounting.
Students will learn to record transactions for the issuance of bonds used to finance capital projects, recording transactions at the government-wide level and in the capital project fund, debts service fund, and general fund.
We will create financial statements related to the capital project fund and the debt service fund.
The course will include a comprehensive problem, recording transactions to multiple funds.
As we learn each concepts the course will include Excel worksheets to be downloaded and used to work problems in a step by step format along with instructional videos.
Excel worksheet will generally have three tabs, one with the answer, one with a preformatted worksheet, and one with a blank worksheet.
Instructor
Through working with students from many different schools, Mr. Steele has learned best practices for helping people understand accounting fast. Learning new skills and finding the best way to share knowledge with people who can benefit from it is a passion of his.
Mr. Steele has experience working as a practicing Certified Public Accountant (CPA), an accounting and business instructor, and curriculum developer. He has enjoyed putting together quality tools to improve learning and has been teaching, making instructional resources, and building curriculum since 2009. He has been a practicing CPA since 2005. Mr. Steele is a practicing CPA, has a Certified Post-Secondary Instructor (CPI) credential, a Master of Science in taxation from Golden Gate University, a Bachelor’s Degree in Business Economics with an emphasis in accounting from The University of California Santa Barbara, and a Global Management Accounting Designation (CGMA) from The American Institute of CPA (AICPA).
Mr. Steele has also authored five books that can be found on Amazon or in audiobook format on Audible. He has developed bestselling courses in accounting topics including financial accounting and QuickBooks accounting software.
In addition to working as an accountant, teaching, and developing courses Mr. Steele has helped create an accounting website at accountinginstruction, a YouTube channel called Accounting Instruction, Help, and How Too, and has developed supplemental resources including a Facebook Page, Twitter Page, and Podcasts that can be found on I-tunes, Stitcher, or Soundcloud. Mr. Steele’s teaching philosophy is to make content applicable, understandable, and accessible.
Adult learners are looking for application when they learn new skills. In other words, learners want to be able to apply skills in the real world to help their lives. Mr. Steele’s formal accounting education, practical work experience, and substantial teaching experience allow him to create a curriculum that combines traditional accounting education with practical knowledge and application. He accomplishes the goals of making accounting useful and applicable by combining theory with real-world software like Excel and QuickBooks.
Many courses teach QuickBooks data entry or Excel functions but are not providing the real value learners want. Real value is a result of learning technical skills like applications, in conjunction with specific goals, like accounting goals, including being able to interpret the performance of a business.
Mr. Steele makes knowledge understandable by breaking down complex concepts into smaller units with specific objectives and using step by step learning processes to understand each unit. Many accounting textbooks cram way too much information into a course, making it impossible to understand any unit fully. By breaking the content down into digestible chunks, we can move forward much faster.
Mr. Steele also makes use of color association in both presentations and Excel worksheets, a learning tool often overlooked in the accounting field, but one that can vastly improve the speed and comprehension of learning accounting concepts.
The material is also made understandable through the application of concepts learned. Courses will typically demonstrate the accounting concepts and then provide an Excel worksheet or practice problems to work through the concepts covered. The practice problems will be accompanied by an instructional video to work through the problem in step by step format. Excel worksheets will be preformatted, usually including an answer tab that shows the completed problem, and a practice tab where learners can complete the problem along with a step by step presentation video.
Mr. Steele makes learning accounting accessible by making use of technology and partnering with teaching platforms that have a vision of spreading knowledge.