Our in-depth sessions at this year’s AICPA Governmental Accounting and Auditing Update will target questions and issues specific to your area of expertise, whether at the federal, state or local level.
Attend in Washington or via webcast for updates direct from key government officials and policymakers.
This August, GAAC will provide in-depth technical guidance and strategy updates. Extensive on-site networking opportunities and engagement forums for online attendees, also will connect you with peers, for a consensus-building approach to solving challenges.
The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association’s website, educational materials, products, and services. The Association is committed to making professional learning accessible to all product users. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association’s Website Accessibility Policy. As part of this commitment, this product is closed-captioned. For additional accommodation requests, please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.
Auditor’s Role in Cybersecurity Risk Management
Preview Available
Identification: GAE1917
You continue to hear about cybersecurity and risk management when it comes to your audits. Yet, what are the next steps once you’ve inquired about a client’s risk management plan? Better yet, what are the next steps when you find out there is no plan? This session will provide insight into how and why CPAs and accounting professionals should be involved in these inquiries and processes. Cybersecurity risk management best practices, frameworks, and how to tie these into strategic initiatives will be discussed.
Morning Announcements & Introduction | Blinded by the Hype
Preview Available
Identification: GAE1918
There's a lot of talk right now about the pace of change, technological advancements, and all sorts of buzzwords like AI, RPA, neural networks. Most of us accountants, though, tend to either ignore the inevitable or go all in certain innovations we don't fully understand. In this session, we'll discuss some common pains, pleasures and pitfalls in actually implementing some of these technologies to make sure that any initiatives you undertake have the best chance possible of succeeding.
Yellow Book Independence
Preview Available
Identification: GAE1920
New 2018 Yellow Book Independence Standards
General Controls Over IT - A COSO Priority
Preview Available
Identification: GAE1921
In the 2013 revision of the Internal Control Framework, COSO singled out General Controls over IT as a point of emphasis. This session will share resources available to governments and their auditors to aid them in focusing on these controls and methods for ensuring that an organization has strong General Controls over IT.
OMB President's Management Agenda Update
Preview Available
Identification: GAE1922
Present the President's Management Agenda related to the grant management, administration and audit.
Lightning Round Issues for Government Audits
Preview Available
Identification: GAE1923
Quick refresher and discussion of several commonly misunderstood topics related to the audit of governmental financial statements. The quick hits will cover topics of: group audits, materiality, auditing estimates, common problems when auditing pension or OPEB plans, journal entry testing, and documentation.
Lesson Learned in Dealing wth Actuaries
Preview Available
Identification: GAE1924
Relying on actuarially generated information is becoming an increasing material part of government audits. This session will provide background and perspective on the actuarial profession and how their professional standards differ from those of accountants. It will then address specific considerations for auditing actuarial information including pension or OPEB questions to ask the actuary.
Internal Controls in the Single Audit - Focus on Quality
Preview Available
Identification: GAE1926
Review of the seven steps of evaluating internal control over compliance, documentation examples, and tips/traps to keep top of mind.
Fiduciary Practicalities (Repeat of GAE1914)
Preview Available
Identification: GAE1927
This session will take a deep dive into GASB 84, Fiduciary Activities, walking through various transactions and analyzing how GASB 84 might apply, keeping in mind not only the standard itself but also the related implementation guide. The session will also outline reporting considerations as well as potential audit-related considerations to consider with the adoption of this new standard.
Identification: GAE1929
This session will provide an overview of what is happening in the single audit arena. You will learn about the:
Learning Objectives:
