2025 Albuquerque Summer Government Training

Opening remarks

At the end of this session, you will be able to:

• Recognize the basic structure of governmental accounting, including funds and basis of accounting
• Recall the activities between the different basis of accounting related to capital assets
• Recognize the issues with properly reporting debt on governmental financial statements

15-min break

At the end of this session, you will be able to:

• Identify how diversified portfolios can navigate elevated volatility and valuations after taxes and expenses
• Discuss the current state of the U.S. economy and capital markets
• Review the key takeaways for 2025, such as growth moderation, lower inflation, a weaker labor market, and the importance of staying invested and diversified

At the end of this session, you will be able to:

• Identify tools to conduct effective risk assessments
• Identify risk management plans
• Recognize ongoing risk monitoring and communication with their organizations

Lunch and networking

At the end of this session, you will be able to:

• Recall what you learned about succession planning
• Recall recommended practices
• Identify steps to create a succession plan
• Recall strategies for identifying and reducing skill gaps

10-min break

At the end of this session, you will be able to:

• Recognize how to differentiate between deposits and investments
• Identify how to properly disclose how much cash in the bank is at risk
• Recall how to ensure that investment disclosures are properly reporting your positions in investments

10-min break

At the end of this session, you will be able to:

• Recall the changes to the Office of Management and Budget (OMB) updated and revised guidance for federal financial assistance
• Recognize how to update grants management policies and procedures in response to the changes

Closing remarks