Governmental Accounting & Financial Reporting

This course covers the fundamentals of governmental accounting and financial reporting: concepts, standards, and procedures with a special emphasis on North Carolina laws and regulation. It is one of the core courses for the finance officers' certification program. The class uses lectures, class discussions, and practical exercises to address a number of topics, including the Local Government Budget and Fiscal Control Act, the role of the Local Government Commission, and extensive work with the governmental GAAP environment including the elements of fund accounting and external financial reporting. 

Certification Questions: See the links on the right side of this page for the information you need to know. 
 

Local Government Federal Credit Union offers scholarships to local government employees to apply toward tuition for conferences, classes, and seminars offered by the School of Government. There are four deadlines to submit applications:

  • March 1 (for courses starting between April 1 and June 30)
  • June 1 (for courses starting between July 1 and September 30)
  • September 1 (for courses starting between October 1 and December 31)
  • December 1 (for courses starting between January 1 and March 31)

Additional information

Attendees: Experienced finance officers and finance staff; each participant should bring a copy of his or her entity's latest annual financial report.

Credit: Recommended Continuing Professional Education Credit for Certified Public Accountants will be thirty-two (32) hours.

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


CPE32.00 hrs
  • Chapel Hill, NC
    March 23 - 26, 2020
    UNC School of Government
    CB#3330 Knapp-Sanders Bldg.
    400 South Rd.
    Chapel Hill, NC 27514
    View Scholarship Information

    Local Government Federal Credit Union offers scholarships to local government employees to apply toward tuition for conferences, classes, and seminars offered by the School of Government. There are four deadlines to submit applications:

    • March 1 (for courses starting between April 1 and June 30)
    • June 1 (for courses starting between July 1 and September 30)
    • September 1 (for courses starting between October 1 and December 31)
    • December 1 (for courses starting between January 1 and March 31)
    View Cancellation Policy
    Course participants who cancel their registration on or before March 15, 2020 will receive a full refund. No refund will be made for cancellations on or after March 16, 2020, but you will receive a transferrable credit to be used within 12 months. Click here to view the School’s full cancellation and refund policy.
    View Hotel Information

    Hampton Inn & Suites Carrboro

    A block of rooms has been set up at the Hampton Inn & Suites Carrboro with a rate of $109.00. The rate includes a full deluxe hot breakfast and Wi-Fi. To reserve a room online visit www.chapelhillcarrborosuites.hamptoninn.com and use Group Code “GAF”. To reserve a room by phone call the hotel at 919-969-6988, press 0 and provide the Group Name "GAFR". Last day to book and receive the rate is February 22, 2020.

    Hampton Inn & Suites Chapel Hill

    A block of rooms has been set up at the Hampton Inn & Suites Chapel Hill with a rate of $109.00. The rate includes a full deluxe hot breakfast and Wi-Fi. To reserve a room online visit chapelhillsuites.hamptoninn.com and use Group Code “GAF”. To reserve a room by phone call the hotel at 919-403-8700, press 0 and provide the Group Name “GAFR". To receive the discounted rate reservations must be made no later than March 2, 2020.

    $695.00
    If you are a returning customer, please note that we have a new course registration system that we hope will be easier for you to use. If you encounter any registration issues, please explore our list of frequently asked questions or contact us at registration@sog.unc.edu or 919.966.4414.

There will be a texbook and suppliement along with a materials notebook handed out at check in. 

 

 

GAFR Agenda 2020 (pdf, 135 KB)
For all registration questions, resetting passwords, or login issues please contact:

Dale Zuckert

Assistant Registrar, Registration and Client Services Group
919.966.4414
For questions regarding course details, including location, schedule, materials, and continuing education credits, please contact:

Rachel Mintel

Program Associate, Local and State Government Group
919.962.6841