This session provides an update on Government Auditing Standards (GAS) contained in the GAO's Yellow Book and the US Auditing Standards set forth by the US Auditing Standards Board (ASB).
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Auditors and governments faced unprecedented circumstances in 2020 and the current environment will continue to impact audits in 2021. Government auditors face several practice issues, making it difficult to perform effective and efficient audits while maintaining the quality stakeholders and our profession expect. Learn about the latest developments impacting state and local government financial statement audits and how to navigate them during an already challenging time.Learning Objectives:
Elected officials, citizens and even the government's staff and leadership team can be intimidated by the audited financial statements often not even trying to read them. This session will discuss ways that both the auditor and the finance officer can translate the financial data and auditor conclusions into understandable terms to better grasp the government's financial message and in so doing build confidence and trust in annual financial statements.Learning Objectives:
Dr. Brett Baker will present topics addressing recent areas of common interest in the federal oversight community:
This hot topic session will provide an introduction to the new Director of Research and Technical Activities. The session will also provide an overview of projects nearing completion, such as Compensated Absences and Accounting Changes and Error Corrections, as well as some projects still in progress.
Remote work has been around for decades, but all of a sudden, we’ve found ourselves struggling with the best ways to manage our people when we don’t see them face to face everyday. As our lives begin to feel more familiar and we rethink what work will look like, it’s clear that building skills on how to manage a remote workforce is more important than it ever has been.Learning Objectives: