This course is designed to provide an overview of the importance of internal controls over financial reporting, auditor and auditee responsibilities of an audit engagement, and how to use the Georgia Department of Audits and Accounts checklist as a control tool when preparing financial statements. 

Course Outline

Please note there are two methods to register for this course. Click the Single Registration button to register and pay online. To request an invoice, click the Single Registration button, and then select Checkout. Log in with your account information. Under payment method, select "Request for Invoice." Once you click this option, you must then select "Company Invoice" under Choose Payment Method. You will receive an email with the invoice attached.

Learner Outcomes

Upon completion of the course, the participant will be able to:

  • recite audit requirements for Georgia local governments, schools, and the State of Georgia

  • identify the auditor and auditee responsibilities of an audit engagement

  • explain management's assertions regarding the recognition, measurement, presentation, and disclosure of information in the financial statements

  • identify the steps necessary to take responsibility for your financial statements

  • discuss the use of the Georgia Department of Audits and Accounts checklist as a control tool to review your entity's financial statements

  • define internal control

  • identify the components of a comprehensive framework of internal control and explain the importance of internal controls over financial reporting

  • recall the elements of audit findings

  • discuss the submission of audit reports


Credits: Participants will earn 3 CPE, .3 CEU, 3 Contact Hours

Attendance Policy: Not applicable, self-study

Field of Study: Accounting (Governmental)

Who should attend? This session is for anyone involved in preparing or auditing state and local financial statements

Advance Preparation: None

Program Level: Intermediate

Delivery Method: QAS Self Study

University of Georgia, Carl Vinson Institute of Government, is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: https://www.nasbaregistry.org

Contact: For more information regarding refunds, concerns, and program cancellation policies, please contact Sherri Phillips at sherri.phillips@uga.edu.

Click the + to expand sections to see the available dates and times below.
Section Title
Online Taking Responsibility for Your Financial Statements
QAS Self-Study
Jul 01, 2022 to Jun 30, 2023
Delivery Options
Course Fee(s)
Registration Fee $119.00
Section Notes

No refund (100% service charge) if canceled less than one day before the session start date.

Required fields are indicated by .