This course is designed to provide participants with the opportunity to develop an understanding and working knowledge of:
- Basic financial statements
- How to derive government-wide financial statements and required reconciliations
- The Comprehensive Annual Financial Report (CAFR) and compliance reporting
- The financial reporting entity
- Auditing standards
- Audit procedures
- The financial statement audit
- The Single Audit
Required Course Materials
It is your responsibility to supply the following materials for the course:
- The basic textbook for this course is Governmental and Non-profit Accounting, 11th Edition, 2018, by Freeman, Shoulders, McSwain, Scott ISBN: 9780133799569.
Exam V - Financial Reporting and Auditing
Online Fall Exams
Option 1: Oct. 3 - 14, 2022 (1 Session)
Option 2: Nov. 7 - 18, 2022 (1 Session)
Online Spring Exams
Option 1: Jan. 30 - Feb. 10, 2023 (1 Session)
Option 2: March 13 - 24, 2023 (1 Session)
A member of the professional education team will coordinate with students individually to schedule an online exam time during the scheduled exam period.
System requirements for online GFOA exams: Windows: 10 (but not 10S), 8, 7, or Vista or Mac: OS X 10.5 or higher. Students must also have a web camera (internal or external), microphone and a broadband internet connection.
Students participating in online GFOA exams will be permitted to use a single-line, basic calculator, (3) dry-erase boards (12" X 9" recommended size), and a dry-erase marker during each GFOA exam. Students can use dry-erase boards to work through exam problems and will be required to show blank dry-erase boards at the end of the testing session.
Meet Your Instructor
CPA, CFE, CICA, Former Partner, Cline Brandt Kochenower & Co., PA.
Steve received the Bachelor of Science in accounting from Southern Adventist University, Collegedale, Tennessee. He is a special review committee member of GFOA – Chicago and is the longest standing active reviewer in South Carolina. Steve served as an adjunct faculty member at Limestone College in Gaffney, S.C., where he taught classes in accounting.
Registration and Fees
|Dates / Sessions||Times||Fees|
Registration and Payment Notes
If you plan to pay by check or purchase order, select "register by mail." Complete the form and return a printout with payment to: USC Continuing Education
and Conferences, Close/Hipp Building at 1705 College Street, Suite 591, Columbia,
SC 29208. Your seat is not guaranteed until payment is received.
We accept online payment via electronic check, VISA, MasterCard, Discover and American Express through MarketPlace, a secure electronic environment that simplifies business transactions with the university. Follow the MarketPlace prompts to complete payment. Your transaction is only complete when you receive an order number, which is your receipt of payment. Your seat is not guaranteed until payment is received and you receive an order number.
Once you have paid and are enrolled, you'll be emailed location and parking information for face-to-face programs or online instructions about one week before the program begins.