Skip to Content

Continuing Education Programs

Financial Reporting and Auditing

Study best practices in government-wide financial statements and compliance reporting.

Course Objectives

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 Schedule

Exam V - Financial Reporting and Auditing
November 17, 2020 or April 27, 2021
1:30 pm – 3:30 pm
Check in at 1:00 pm


Meet Your Instructor

Janice H. Fegusson

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.