Municipal Finance: Comprehensive Fiscal Training for Local Governments | Elizabeth City

Municipal Finance: Comprehensive Fiscal Training for Local Governments - Group Live

This full-day training is offered for just $40 thanks to support from the Camber Foundation. 

Event Description

A course from NCLM covering everything you need to know about municipal finance. This training is meant for all local government leaders -- elected officials, managers, finance directors, and more -- and is designed to be a one-stop shop for municipal financial education. Whether you are new to your role or a seasoned veteran of local government, this course will provide you with the foundational tools and best practices to make an immediate difference in your town. 

Learning Objectives

 - Review significant requirements of the North Carolina Local Government Budget and Fiscal Control Act per General Statutes, Chapter 159.

 - Recognize the importance of compliance with the Fiscal Control Act in achieving a sustainable financial management system.

 - Recognize the importance of good stewardship of taxpayer funds.

 - Identify how the roles of municipal administrative officials and elected board members relate to each other and to financial operations.

 - Explain the importance of following best practices to achieve fiscal health.

 - Review ten practical keys to a board or management's oversight of their financial management program

Course Credit

 - Completion of this training will meet requirements under G.S. 160A-148

 - 6 AML Credits available. 

     - Completion of this course will lead to the NCLM Financial Management Certification, Level I (six required training hours)

     - Contributes to the NCLM Certificate of Municipal Achievement (12 required training hours). 

     - Learn more about NCLM's AML Certification program here. 

 - Participants will earn 6 CPE credits

 - Field of Study:

     - Finance

     - Accounting

     - Business Law

Course Audience

Elected officials, managers, finance directors, budget professionals, and all other municipal staff.

Course Topics

- The Local Government Finance Environment in North Carolina

- Finance Officer Duties, Monthly Reports and Fund Balance

- The Budget

- Pre-Auditing and the Purchasing Process

- The Annual Audit

- Debt Management

- Internal Controls

- Utility Finance

- Other Financial Items and Recent Legislation

- Ethical Issues

- Ten Keys to Board Oversight

Cost 
$40 per participant. Lunch is free and included. Registration is required.

About Camber Foundation 
Camber Foundation is an emerging foundation in North Carolina, which began its development in 2021. Built upon philanthropic resources with roots in Eastern North Carolina, this region of the state is a priority. Camber Foundation grants support nonprofit organizations serving community-driven solutions, focusing on the areas of health and wellness, education, and economic development.

Additional Information

- Prerequisites: There are no prerequisites for this session.

- Advanced Preparation: None

- Program Level: Basic

- Delivery Method: Group Live

NCLM is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistgry.org.