Participants will gain a comprehensive, big-picture and detailed understanding of the QBE formula
and all its input variables, including the funding formula calculation, program weights, FTE counts,
allotment sheets, budget services reports from the GA Department of Ed, and the 18 programs
included in the QBE formula.

Participants will understand the basics of GAAP and GASB accounting, navigate the GA Department of Ed LUA accounting manual, and learn how to avoid common accounting mistakes. Key topics include the accounting equation, basic financial statement preparation, monthly closing tips, and a review of common accounting transactions.