Government Standard General Ledger Course

Module 1: Overview of U.S. Government Standard General Ledger

• Module 1 Learning Outcomes
• Overview of Standard General Ledger
• Purpose of the SGL
• Why Is the SGL Needed?
• Accrual Accounting
• Responsibility for the SGL
• SGL References

Module 2: Structure of the U.S. Government Standard General Ledger

• Module 2 Learning Outcomes
• Sections of the SGL
• Posting Journal Entries
• Chart of Accounts
• Normal Balances
• Proprietary Accounts in the SGL
• Budgetary Accounts in the SGL

Module 3: Overview of Budgetary Accounting

• Module 3 Learning Outcomes
• Overview of Budgetary Accounting
• Status of Budgetary Resources
• Journal Entries for Standard Budgetary Transactions

Module 4: Overview of Proprietary Accounting

• Module 4 Learning Outcomes
• Purpose of Proprietary Accounts
• Journal Entries Used in Proprietary Accounting

Module 5: Connecting Basic Budgetary Accounting with Proprietary Accounting

• Module 5 Learning Outcomes
• Determining Where an Event Is Recorded
• Journal Entries Linking Budgetary and Proprietary Accounting

Module 6: Reimbursable and Revolving Fund Transactions

• Module 6 Learning Outcomes
• Flow of Reimbursable Resources
• Collections Other Than Through Reimbursable Work Agreements

Module 7: Adjusting and Closing Entries

• Module 7 Learning Outcomes
• Adjusting the Accounts
• Adjusting Entries
• Closing Entries

Module 8: Financial Statements

• Module 8 Learning Outcomes
• Generating the Financial Statements
• Overview of a Crosswalk
• Form and Content of Financial Statements
• External Reporting Requirements

Module 9: Course Review Quiz

• Review Questions on Journal Entries, SGL, Accounting Laws, OMB Publications, and Equations