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:
All classes will be held in person at:
Department of Finance – Cypress Room
915 L Street, Sacramento, California
When:
| Session | Instructor | Class Held | Dates |
|---|---|---|---|
| 504 | Heather Langdon | Tuesdays 8:00 – 12:00 | January 31, 2023 – May 16, 2023 |
| 505 | Theresa Rawlins | Wednesdays 8:00 – 12:00 | February 1, 2023 – May 17, 2023 |
| 506 | Heather Langdon | Thursdays 8:00 – 12:00 | February 2, 2023 – May 18, 2023 |
| 185 | Heather Langdon | Tuesdays 8:00 – 12:00 | August 22, 2023 – December 5, 2023 |
| 186 | Theresa Rawlins | Wednesdays 8:00 – 12:00 | August 23, 2023 – December 6, 2023 |
| 187 | Heather Langdon | Thursdays 8:00 – 12:00 | August 24, 2023 – December 7, 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 email to SFAC@dof.ca.gov. Incomplete applications will not be accepted. An email confirmation will be sent after successful registration. Click here for the application.
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)