The purpose of the It’s Accrual World course is to provide participants with a basic understanding of accruals and why they are necessary, especially in the context of fiscal year-end processing. 

Program Level: Basic

Prerequisites: None

Advanced Preparation: N/A

Instructional Method: Group-Internet Based

Instructor: Leila McCamey

Recommended CPE Credit: 1.0 Hour

Field of Study: Accounting (Governmental)

Course Objectives:

At the end of the course, participants will be able to:

  • Define accruals;
  • Explain the automated accrual process and the manual accrual process -- and how each process is used; and,
  • Explain when/why both accrual processes are necessary, especially during fiscal year-end activities. 

Program Policies

NASBA Statement:

The University of Colorado 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: