Announcing the next Massachusetts Enterprise Fund class to be conducted on Thursday, May 13, 2010 at the Needham School Administration Building.  This class will cover the Massachusetts enterprise fund including budgeting, accounting, financial reporting, and rate setting topics, including:

History and Overview
Budgeting

Warrants
Schedule A-2 of the Tax Recap Sheet

Indirect Costs

Accounting

• Opening Entries
• Memoranda Entries
• Budgetary Entries 
• Expenditures and Other Cash Disbursements
• Revenue
• Grants
• Construction and Financing of Capital Projects
• Fixed Assets and Depreciation
• Other Transactions
• Adjusting Entries
• Closing Entries
• Closing Trial Balance

Financial Reporting

• Combined Balance Sheet
• Certified Retained Earnings
• GASB 34 Basic Statements

Rate Setting

• User Charges
• Other Revenue
• Billing Analysis

Date:	May 13, 2010
Location:	Needham School Administration Building 1330 Highland Avenue, Needham, MA
Tuition:	$199.00
CPE Credit Hours:	6

Faculty:  Mark D. Abrahams, CPA, President of The Abrahams Group, has taught the UMAS course for twenty-seven years. He has assisted many Massachusetts communities implement UMAS based budgeting, accounting and reporting systems and GASB 34 financial reporting systems.