AICPA Governmental Accounting & Auditing Update Conference 2020

Aug 17, 2020 ‐ Aug 18, 2020



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Packages Display Packages

This includes sessions from the conference: AICPA Governmental Accounting & Auditing Update Conference 2020

Sessions Included:

Querying the Federal Audit Clearinghouse (Aug 17, 2020 01:05 PM)

Developing an Effective and Efficient Single Audit (Aug 17, 2020 11:40 AM)

2018 Yellow Book Independence and Application (Aug 18, 2020 12:05 PM)

Economic and Banking Conditions Update and Outlook (Aug 17, 2020 04:00 PM)

Welcome and Introduction & GAO's Role in Addressing Major Challenges Facing Our National Government (Aug 17, 2020 09:00 AM)

Leveraging ERM to Drive Organizational Value (Aug 17, 2020 02:35 PM)

Single Audit Update (Aug 17, 2020 02:35 PM)

Have You Heard? A New AICPA Ethics Interpretation on SLG Independence is Coming (Aug 18, 2020 10:40 AM)

FASAB Update (Aug 18, 2020 12:05 PM)

Single Audit Update (Aug 18, 2020 12:05 PM)

Part 6 (Aug 18, 2020 02:30 PM)

Pensions & OPEB Common Errors (Aug 18, 2020 03:55 PM)

Sailing or Flailing? Driving Audit Innovations in the Digital World (Aug 18, 2020 10:40 AM)

Plain English/Writing (Aug 18, 2020 01:30 PM)

Single Audit Planning - Getting it Right Upfront (Aug 18, 2020 10:40 AM)

Documented and Done! Quality Documentation Expectations in a Single Audit (Aug 18, 2020 01:30 PM)

Setting Standards in Today's Environment - Future of Auditing (Aug 18, 2020 01:30 PM)

Shared insights into the FITARA Scorecard (Aug 17, 2020 01:05 PM)

COVID 19 Auditor and Preparer Considerations (Aug 17, 2020 04:00 PM)

GASB Statement No. 87: Leases (Aug 17, 2020 01:05 PM)

Good to Great: Elevating Your Story with Data and Performance Metrics (Nov 20, 2020 12:00 PM)

Increase Your Efficiency and Ensure Compliance with AP Automation (Nov 20, 2020 10:00 AM)

CFO's Guide to Strategic Planning (Nov 20, 2020 11:00 AM)

The Latest on PPP Loan Forgiveness &Other Pandemic Related Funding for Nonprofits (Nov 20, 2020 01:00 PM)

Process Automation: What it Means for Nonprofit Financial Management (Nov 20, 2020 02:00 PM)

Standard: $379.00

Sessions

Welcome and Introduction & GAO's Role in Addressing Major Challenges Facing Our National Government

Aug 17, 2020 9:00am ‐ Aug 17, 2020 10:00am

Identification: GAE2001

The U.S. Comptroller General will discuss GAO’s responsibilities under the CARES Act and issues specific to state and local governments. He will also discuss state and local challenges, international coordination and how we are all adapting to new ways of working as well as to our country’s fiscal condition, challenges in the IG community, and accomplishments attributed to the CFO Act of 1990.

Speaker(s):
  • George D. Strudgeon, CPA, CGFM, CGMA, MBA, Audit Director, Virginia Auditor of Public Accounts
  • Gene Dodaro, Comptroller General, U.S. Government Accountability Office
Category: General Session (Online)
Standard: $49.00

Developing an Effective and Efficient Single Audit

Aug 17, 2020 11:40am ‐ Aug 17, 2020 12:55pm

Identification: GAE2004

Performing a single audit that meets all regulatory and audit requirements can be time consuming.  This session covers ways to meet the single audit requirements and tips on how to be efficient in the process.

Learning Objectives:
  • Gain tips fo performing an efficient single audit.
  • Understand common pitfalls of single audit inefficiency
Speaker(s):
Category: Concurrent Session (Online)
Standard: $49.00

Shared insights into the FITARA Scorecard

Aug 17, 2020 1:05pm ‐ Aug 17, 2020 2:20pm

Identification: GAE2006

The House Committee on Oversight and Reform has issued a series of ten scorecards, which grade agencies' implementation of FITARA and other IT-focused legislation. This session will cover the Scorecard's history, grading methodologies, potential limitations, and its future. 

Learning Objectives:
  • Understand the methodologies and data sources used to grade the House Committee on Oversight and Reform's FITARA Scorecard
  • Learn about the intent and limitations behind the grading methodologies
Speaker(s):
  • Kevin Walsh, Assistant Director, Government Accountability Office
Tags: Federal
Category: Concurrent Session (Online)
Standard: $49.00

Querying the Federal Audit Clearinghouse

Aug 17, 2020 1:05pm ‐ Aug 17, 2020 2:20pm

Identification: GAE2007

This session will provide an update on the efforts by the Federal Audit Clearinghouse to modify the online repository that federal awarding agencies use to monitor direct recipients of federal funds. Also, provide instructions for retrieving and analyzing information from multiple data collection forms.

Learning Objectives:
  • Communicate efforts to modernize collection and dissemination of Single Audit information.
  • Learn how to download the complete Single Audit Database.
  • Learn how to link the different download files of Single Audit information.
  • Learn how to analyze information from multiple Single audits.
Speaker(s):
  • Mark Dixon, Branch Chief, US Census Bureau - Federal Audit Clearinghouse
  • Aaron Moon, Survey Statistician, US Census Bureau
  • George D. Strudgeon, CPA, CGFM, CGMA, MBA, Audit Director, Virginia Auditor of Public Accounts
Category: Concurrent Session (Online)
Standard: $49.00

GASB Statement No. 87: LeasesGASB Statement No. 87: Leases

Preview Available

GASB Statement No. 87: Leases

Aug 17, 2020 1:05pm ‐ Aug 17, 2020 2:20pm

Identification: GAE2008

This session will address account and financial reporting implementation issues associated with the Statement on leases.  Topics to be covered include the definition of a lease; determining the term of the lease and the release liability and asset for both a lessee and a lessor; and other implementation issues, including those addressed in the accompanying GASB implementation guide.

Learning Objectives:
  • Understand what types of contracts meet the definition of a lease.
  • Determining the length of a lease for financial reporting purposes.
  • Recognize the reporting of a lease liability and lease receivable in the initial year.
Speaker(s):
  • David Bean, CPA, Director of Research and Technical Activities, Governmental Accounting Standards Board
  • Chris Pembrook, CPA, CGAP, Crawford CPAs
Category: Concurrent Session (Online)
Standard: $49.00

Leveraging ERM to Drive Organizational Value

Aug 17, 2020 2:35pm ‐ Aug 17, 2020 3:50pm

Identification: GAE2009

The Offices of the Inspectors General (OIGs) aid federal agencies in meeting the demands for better governance and increased public value. Enter the world of these “watchdogs” and their independent audits, evaluations and investigations of programs and operations, including internal control and risk management. Examine how enterprise risk management (ERM) allows OIGs to face unprecedented risks while optimizing strategy setting and performance and fighting fraud, waste and abuse. Understand how OIGs are leveraging ERM to monitoring and/or addressing the impacts of COVID-19.

Learning Objectives:
  • ERM implementation and best practices
  • Linking ERM, strategy and performance management to optimize mission achievement
Speaker(s):
Tags: Federal
Category: Concurrent Session (Online)
Standard: $49.00

Single Audit UpdateSingle Audit Update

Preview Available

Single Audit Update

Aug 17, 2020 2:35pm ‐ Aug 17, 2020 3:50pm

Identification: GAE2010

Speaker(s):
Category: Concurrent Session (Online)
Standard: $49.00

Economic and Banking Conditions Update and Outlook

Aug 17, 2020 4:00pm ‐ Aug 17, 2020 5:15pm

Identification: GAE2012

This presentation will cover current economic and financials as of early August, 2020. We will discuss key recent indicators in the U.S. economy and banking industry. The presentation will then cover the U.S. economic outlook, as well as some possible risks to the economy.

Learning Objectives:
  • Understand the current condition of the U.S. economy and banking sector.
  • Identify some possible risks to continued U.S. economic growth.
Speaker(s):
  • Chester Polson, Ph.D. in Economics, Senior Financial Economist, Federal Deposit Insurance Corporation
Tags: Federal
Category: Concurrent Session (Online)
Standard: $49.00

COVID 19 Auditor and Preparer Considerations

Aug 17, 2020 4:00pm ‐ Aug 17, 2020 5:15pm

Identification: GAE2013

The Pandemic has impacted every government in multiple ways requiring preparers to determine the proper accounting and disclosures for new transactions and unprecedented circumstances.  Preparers and auditors also face the real possibility that  a significant amount of financial statement preparation and the related audit may need to be performed remotely.  This session will discuss applicable accounting standards identified by GASB in their Emergency Toolbox as well as audit related considerations.

Learning Objectives:
  • Identify applicable accounting standards and strategies for productively working remotely.
  • Strategize audit approaches for specialized accounting and disclosures.
Speaker(s):
Category: Concurrent Session (Online)
Standard: $49.00

Sailing or Flailing? Driving Audit Innovations in the Digital World

Aug 18, 2020 10:40am ‐ Aug 18, 2020 11:55am

Identification: GAE2015

Innovation is not automagical but it is an essential element for the audit community to tackle complex oversight challenges in a digitally connected world that cannot be fully addressed through conventional approaches alone. What strategy can we adopt to incorporate emerging capabilities - such as artificial intelligence (AI), distributed ledgers, robotic-process-automation (RPA), and cloud computing - and help drive better oversight questions with greater speed, scale, and depth? The Innovation Lab at GAO aims to shape the #FutureOfAudit to help our mission teams as well as a broad ecosystem of stakeholders sail into the Fourth Industrial Revolution.

Learning Objectives:
  • Understanding the unique duality that auditors face when it comes to emerging capabilities
  • GAO Innovation Lab's strategy
  • Select examples of transformation projects
Speaker(s):
  • Taka Ariga, Chief Data Scientist and Director of Innovation Lab, U.S. Government Accountability Office
Category: Concurrent Session (Online)
Standard: $49.00
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