This includes sessions from the conference: AICPA Governmental Accounting & Auditing Update Conference 2020
Preview Available
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.
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Preview Available
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.
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Preview Available
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.
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Preview Available
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.
Preview Available
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.
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Preview Available
Identification: GAE2010
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Preview Available
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.
Preview Available
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.
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Preview Available
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.
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Preview Available
Identification: GAE2017
The AICPA Professional Ethics Division issued the State and Local Government Client Affiliates Interpretation to provide guidance to auditors of State and Local governments in evaluating which entities are affiliates of those governments. This session will go through the background of the interpretation, discuss examples of how affiliates would be evaluated using this interpretation, and preview some tools to assist in the evaluation.
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