State Fund Accounting Course Information

What:

The State Fund Accounting (SFAC) course provides accounting personnel with a better understanding of the state’s fiscal policies and accounting processes. The SFAC is designed to gain a better understanding of the state’s budgetary/legal basis (BLB) of accounting and bridge the gap between commercial accounting, fund accounting theory on a GAAP basis, and the BLB.

Who:

Accounting office personnel at Accountant I level or above who meet the education criteria.

Education Prerequisites:

A minimum of 12 semester units of accounting course work is required of all applicants.  Neither work experience nor a bachelor degree is accepted in lieu of the minimum unit requirements. For purposes of State Fund Accounting Course, Business Law is not considered accounting course work.

Where:

Department of Finance – Cedar Room
915 L Street, Main Level, Sacramento, California

When:

Session Instructor Class Held Dates
501 Heather Langdon Tuesdays 8:00 – 12:00 August 23 – December 6, 2022
502 Theresa Rawlins Wednesdays 8:00 – 12:00 August 24 – December 7, 2022
503 Heather Langdon Thursdays 8:00 – 12:00 August 25 – December 8, 2022
504 Heather Langdon Tuesdays 8:00 – 12:00 January 10, 2023 – April 25, 2023
505 Theresa Rawlins Wednesdays 8:00 – 12:00 January 11, 2023 – April 26, 2023
506 Heather Langdon Thursdays 8:00 – 12:00 January 12, 2023 – April 27, 2023

Methodology:

Students receive textbooks and topical modules and are expected to complete in-class and take-home assignments.  In addition to the Department of Finance instructor, guest speakers from various agencies will enhance the course by sharing their expertise in specific areas.

Cost:

$625 per participant (includes materials).  Full payment must be submitted at the first class.  We do not accept Cal Card and do not invoice departments for payment.

Application:

Completed State Fund Accounting Course applications may be submitted via the training registration system. Incomplete applications will not be accepted. Click here to enroll.

Enrollment:

Enrollment is granted on a first-come-first-served basis.  Once enrollment status is complete, a waiting list will be established. Enrollment is limited to five students per department.

Confirmation:

An email confirmation will be sent after successful registration. Formal confirmation letters are mailed to the applicants 2 – 3 weeks before the session begins.

Cancellation Policy:

Withdrawals are permitted up to one week before a session begins.  Departments may substitute participants; however, once a session begins, refunds are not permitted if a person withdraws or does not complete the class.

Substitution:

Substitutions are permitted up to one week before a session begins if the substituting participant meets the minimum prerequisites.  The substitute must submit an application and be pre-approved. E-mail SFAC@dof.ca.gov for substitutions.

Waiting List:

A waiting list will be established to back fill any cancellations.  The waiting list may be used to fill subsequent sessions.

Contacts:

SFAC@dof.ca.gov
Theresa Rawlins, Instructor
(916) 445-3434 Ext. 2167
Heather Langdon, Instructor
(916) 445-3434 Ext. 2141
Department of Finance, Fiscal Systems and Consulting Unit
915 L Street, Sacramento, California 95814 (IMMS A-15)