The Intermediate Accounting session will provide participants with an in-depth view into the world of governmental accounting. Topics to be addressed include deep dives into the financial reporting entity; accounting and financial reporting for cash and investments, including more complicated financial instruments; accounting and financial reporting for capital assets, including how to determine what to capitalize and how to determine useful lives, and the ins and outs of lease accounting; accounting and financial reporting for pensions and retiree healthcare benefits, and social security; accounting and financial reporting for debt, including amortization of premiums and discounts and refundings and extinguishments; accounting and financial reporting for other long-term liabilities; and fund balance and net position classification issues.