Welcome to the State of California Department of Finance
Governor Schwarzenegger Finance Director Michael C. Genest
Department of Finance Seal

Department of Finance
915 L Street
Sacramento, CA 95814
 

September 12, 2008

Departmental Fiscal Training Officers
Departmental Accounting Officers

State Fund Accounting Course — Spring 2009

The Department of Finance is accepting applications for the Spring 2009 sessions of the State Fund Accounting Course (SFAC) to be held on the following dates:

Session

Class Held

Dates

Enrollment Status

119 Wednesdays 8 a.m. -  12 p.m. January 7 - April 22, 2009 Enrollment Complete
120 Thursdays 8 a.m. - 12 p.m. January 8 - April 23, 2009 Enrollment Complete

The SFAC is open to Accountant I and professional level accounting office personnel. A minimum of 16 semester units of accounting and 3 units of Business Law is required of all applicants.

The purpose of the course is to provide participants a better understanding of the state's fiscal system and accounting process. The SFAC is a "why-we-do-it" course and is designed to:

  • Provide the transition between commercial and governmental accounting.
  • Review various state rules, regulations, and financial control entities.
  • Review the state's accounting process.
  • Prepare fiscal personnel for his/her role as a member of the management team.
  • Compare governmental accounting GAAP basis to legal basis.

The course is presented within 64 hours of classroom instruction and requires 80–100 hours of participant involvement outside the classroom. Because each participant is required to review the State Administrative Manual and other references not readily available to the participant outside the work site, it is recommended that four hours of state time per week, in addition to class time, be allowed for class preparation.

Certificates of Completion will be awarded at the end of the session to those participants who attain a required number of points. Neither repetition of the class nor registration fee refunds are offered to those who do not achieve the minimum points total.

An information flyer, course outline, and application are available via links on this page. For questions, please contact Silvia Kalman at (916) 445-3434, ×2142 or e-mail Silvia.Kalman@dof.ca.gov.