Parking Alert: South Road Construction

Partial road barriers have been placed at the intersection of South Road and Country Club Road due to a summer construction project. The School’s parking deck is open and accessible from South Road for the duration of the project by driving between the two barriers and entering the parking gate immediately on the left.

Governmental Accounting & Financial Reporting

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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. 

For Budgeting: This 4 day course takes place around March each year. The 2017 fee was $675 (expect an increase). The 2018 dates and fees will be posted later 2017. Registration for 2018 will open early 2018. 
Certification Questions: See the links on the right side of this page for the information you need to know. 
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

This course is offered periodically.
View Scholarship Information
Scholarship Information:
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, August 1, September 1 and December 1.

Faculty Coordinators

individual image for Gregory S. Allison
Senior Lecturer in Public Finance and Government; Secretary, School of Government Foundation Board of Directors
individual image for K. Lee Carter Jr.
Member, School of Government Foundation Board of Directors; Adjunct Instructor
Sharon Edmundson
GAFR 2017 Agenda
March, 2017
Agenda.pdf (pdf, 323.70 KB)
For questions regarding course details, please contact the program manager.

Faculty Coordinator

individual image for Susan Hutchinson
Program Manager
For questions regarding course content, please contact the faculty coordinator.

Faculty Coordinator

individual image for Gregory S. Allison
Senior Lecturer in Public Finance and Government; Secretary, School of Government Foundation Board of Directors
For questions regarding registration, resetting passwords, or login issues, please contact Registration at or 919-966-4414.
Public Officials - Local and State Government Roles