Fund Accounting Principles & Practices

This 2-day course will build upon the fundamentals of the governmental accounting environment as presented in an Introduction to Local Government Finance. Participants will learn about the basic accounting and financial reporting requirements of each of the fund types. Basic budgetary reporting requirements will also be addressed. Government-wide financial reporting will be reviewed in depth, as well as the process of converting governmental funds to governmental activities. The differentiation between primary government vs. reporting entity reporting will be included.



The Local Government Federal Credit Union offers scholarships to local government employees to apply towards tuition for conferences, classes, and seminars offered by the School of Government. There are five deadlines to submit applications: March 1, June 1, July 1, September 1 and December 1.

Additional information

Credit: Recommended Continuing Professional Education Credit for Certified Public Accountants will be sixteen (16) hours. 

Attendees: Finance officers and finance staff with some knowledge of governmental accounting.

Teaching Methods: Lectures, exercises, case studies, and group discussions.

Prerequisites: Each participant must have completed successfully the Introduction to Local Government Finance seminar or an acceptable substitute, such as the successful completion of the first semester of a typical first-year course in Accounting Principles offered by North Carolina universities, colleges, and community colleges. Years of experience in a finance office, without formal training in the rudiments of accounting, will not qualify as the prerequisite. Level of Knowledge: Intermediate 

HOTELS: Click here for a listing of area hotels, distance from SOG and how to get the best rates. There is not a specific hotel blocked for class. 
CPE16.00 hrs
There currently are no scheduled offerings of this course.

Below are the agenda, power point, and Parking Pass for this class. 

Materials are only being provided electronically. We will have a few financials we will hand out in class. Print if you like, or bring a laptop/tablet and follow along from this course page. 

PARKING PASS: This parking pass is only valid for March 20-21.  

YOU WILL NEED TO PRINT THIS PASS BEFORE YOU COME TO CLASS. You will also need to display this on the passenger side of your dashboard while at SOG. 

To enter our gated parking lot, you will need to press the pound (#) key, followed by a four digit numeric code that is printed on the lower half of your parking pass.

If the gate does not respond, there is a call box which you can use to call the reception desk, and they will open the gate for you.

Your parking pass is only valid in the gated Knapp Sanders Parking. Your pass is NOT valid on the street or behind the building at the law school. We recognize that some GPS devices direct you to the back parking lot. Be aware that the SOG gate is on Hwy 54 once you cross Country Club Drive on the left. 

For all registration questions, resetting passwords, or login issues please contact:

Dale Zuckert

Assistant Registrar
For questions regarding course details, including location, schedule, materials, and continuing education credits, please contact:

Susan Hutchinson

Program Manager
Teaching Professor; Secretary, School of Government Foundation Board of Directors