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Continuing Education Programs

Governmental Accounting

You will develop an understanding and working knowledge of Generally Accepted Accounting Principles (GAAP) applicable to state and local government.

This course is designed to challenge government finance professionals and the instructors assume all students have a basic educational background in finance and accounting. Participants in the Governmental Accounting core course who have not had any previous college level courses in accounting have had a difficult time keeping up with the material. We strongly recommend completing an entry-level college accounting course or its equivalent before enrolling in the Governmental Accounting core course.


Course Objectives

This course is designed to provide participants with the opportunity to develop an understanding and working knowledge of: 

  • Generally accepted accounting principles (GAAP) applicable to state and local government
  • Fund accounting to record, control and report financial resources
  • Budget accounting controls and budget reporting requirements
  • Debt and general fixed asset accounting and reporting
  • Pending issues that may change state and local government accounting


Required Course Materials

It is your responsibility to supply the following materials for this course:

  • The basic textbook for this course is Governmental and Non-profit Accounting, 11th Edition, 2018, by Freeman, Shoulders, McSwain, Scott ISBN: 9780133799569.


Exam Schedule

Exam IV - Governmental Accounting
November 17, 2020 or April 27, 2021
9:00 am – 12:00 pm
Check in at 8:30 am


Meet Your Instructor

Janice H. Fergusson

CPA, Accounting Lecturer, Moore School of Business, University of South Carolina

Janice received the Bachelor of Arts in Business Administration from Columbia College. She received the Master of Accountancy from the University of South Carolina and graduated from the North Carolina School of Banking at the University of North Carolina, Chapel Hill. Janice is past-president of and current member of the Board of Directors for the Institute of Management Accountants (Columbia Chapter) and is a member of the South Carolina Association of Certified Public Accountants. She was awarded the Faculty Partner Award from the USC Division of Student Affairs & Academic Support and was named Professor of the Semester by the USC Beta Alpha Psi Accounting Fraternity in April 2011. Janice has served as an instructor of accounting at Columbia College and Midlands Technical College and was the manager of financial reporting at AgFirst Farm Credit Bank.


Registration and Fees

Dates / SessionsTimesFees


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: UofSC 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.

Challenge the conventional. Create the exceptional. No Limits.