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Annual Financial Report Workshop, West Richland – March 21

Thursday, March 21, 2019
8:30 AM - 4 PM
West Richland City Council Chambers – address & directions below

$125/person – maximum of 60 attendees
Credits Available: 6.0 CPE credits – see below

 

REGISTER

Read about scholarship opportunities. Registration deadline: Monday, March 18. Cancellation policy: full refund if canceled by March 14, $15 administrative charge applied if canceled after March 14. No refunds for same-day cancellations or no-shows.


Workshop Overview

MRSC’s full-day Annual Financial Report preparation workshop is designed for ‘cash basis’ cities/towns, counties, and special purpose districts. Training is developed to meet the need of those individuals responsible for the preparation and filing of the 2018 annual financial report.


Educational Objectives

Attendees will gain a complete understanding of the various steps needed to prepare the financial statements, notes, and supplemental schedules required for the 2018 financial reporting period. While the SAO online filing portal will generate a portion of your annual report, this class is geared to the steps needed to assure that the data you upload is accurate and supportable in additional to covering the supplemental schedules that must be prepared outside of the SAO filing system.

During the workshop, you will learn how to analyze funds and fund balance classifications, reconcile financial activities, calculate and report liabilities, and document your financial preparation work papers. Course content and agenda will focus on the steps needed to prepare all of the required components of the annual report in compliance with the “Cash Basis” BARS manual.


Workshop Agenda

Beverages and light refreshments provided in the morning; lunch not included. We will take periodic breaks as needed.

8:30 AM—9 AM Check-in, coffee
9 AM—12 PM Changes to BARS affecting financial reporting
Reconciliation and analysis of funds
Financial statements
Schedule 1 (transaction detail
Notes to financial statements
12 PM—1 PM LUNCH (on your own)
1 PM—4 PM Supplemental Schedules 06, 07, 09, 11, 15, 16, 17, 19, 20, 21, and 22

Who Should Attend?

Clerks, treasurers, clerk-treasurers, finance directors, and any administrative or finance staff responsible for preparing the cash basis annual financial report.


Presenter

  • Toni Nelson, MRSC Government Finance Consultant. Prior to joining MRSC in 2014, Toni worked 11 years at the State Auditor’s Office, where she established a focus for cash basis accounting and reporting, 9 years as the Clerk/Treasurer for the Town of Twisp and 4 years as a private consultant specializing in cash basis accounting, reporting, and budgeting. She’s co-authored the MRSC Revenue Guides for cities and counties, the annual Budget Suggestions guide, and written numerous articles on local government finance topics.

Credits

  • Eligible for 6.0 credits of CPE for certified public accountants

Location & Directions

City Council Chambers, City of West Richland
3100 Belmont Blvd.
West Richland, WA 99353
(509) 967-3431


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