This includes sessions from the conference: Governmental and Not-for-Profit Training Program 2019
Kimberly Ellison-Taylor, Executive Director, Finance Thought Leadership Cloud Business Group at Oracle and past Chair of the Association of International Certified Professional Accountants, will provide a professional issues update including an overview of the major forces driving change in the accounting profession.
This session will help participants understand some unique application issues to consider in applying GASB statements to Tribal governments and their enterprises. Specific items that will be reviewed include leases, fiduciary funds, and others. The session will also provide an update on the activities of GASB's tribal working group that is providing input to the GASB on alternative reporting options for Tribal businesses.
Small and medium sized entities often struggle with finding the right balance of internal control when headcount is small. This session will cover easy to implement internal controls without breaking the budget.
Attend this session whether you audit both GASB and FASB entities or your job only involves aspects of one. The key differences between GASB & FASB will be highlighted in order for you to be on top of your game when auditing these entities.
Learn how to navigate the Federal Audit Clearinghouse website and streamline the audit submission process.
In this session, the presenters will discuss our responsibility for audit and enterprise risk assessments as boards, management and auditors.
1. Identify best practices in assessing risk
2. Address professional standards in assessing risk
3. Discuss application of tips and tools garnered from peer review observations
This session will provide an overview of independence requirements for audit clients.
There is more going on with single audits this year than past years. That is primarily due to big changes in the 2019 OMB Compliance Supplement. This session will bring you up to date on the following: Key changes made in the Supplement; Other single audit developments; and The latest on audit quality.
This session will provide the peer review lens into engagement quality for those in public practice. We’ll describe the current peer landscape and where peer reviewers are focused. We’ll highlight key areas where practitioners struggle to demonstrate they meet professional standards.
A complicated topic, full of auditor judgment - how to apply the Uniform Guidance risk-based approach. This session will go over using this approach to select major programs and steps to ensure the SEFA is fairly presented in relation to the ﬁnancial statements. In addition, during this session, we will discuss ways to ensure major programs are not over looked because of SEFA errors.