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.
This includes sessions from the conference: AICPA Governmental Accounting & Auditing Update Conference 2020
Sessions Included:
Querying the Federal Audit Clearinghouse (Aug 17, 2020 12:05 PM)
Developing an Effective and Efficient Single Audit (Aug 17, 2020 10:40 AM)
2018 Yellow Book Independence and Application (Aug 18, 2020 11:05 AM)
Economic and Banking Conditions Update and Outlook (Aug 17, 2020 03:00 PM)
Welcome and Introduction & GAO's Role in Addressing Major Challenges Facing Our National Government (Aug 17, 2020 08:00 AM)
Leveraging ERM to Drive Organizational Value (Aug 17, 2020 01:35 PM)
Single Audit Update (Aug 17, 2020 01:35 PM)
Have You Heard? A New AICPA Ethics Interpretation on SLG Independence is Coming (Aug 18, 2020 09:40 AM)
FASAB Update (Aug 18, 2020 11:05 AM)
Single Audit Update (Aug 18, 2020 11:05 AM)
Part 6 (Aug 18, 2020 01:30 PM)
Pensions & OPEB Common Errors (Aug 18, 2020 02:55 PM)
Sailing or Flailing? Driving Audit Innovations in the Digital World (Aug 18, 2020 09:40 AM)
Plain English/Writing (Aug 18, 2020 12:30 PM)
Single Audit Planning - Getting it Right Upfront (Aug 18, 2020 09:40 AM)
Documented and Done! Quality Documentation Expectations in a Single Audit (Aug 18, 2020 12:30 PM)
Setting Standards in Today's Environment - Future of Auditing (Aug 18, 2020 12:30 PM)
Shared insights into the FITARA Scorecard (Aug 17, 2020 12:05 PM)
COVID 19 Auditor and Preparer Considerations (Aug 17, 2020 03:00 PM)
GASB Statement No. 87: Leases (Aug 17, 2020 12:05 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)
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.
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.
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.
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.
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.
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.
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.
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.
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.
The success or failure of a Single Audit can usually be traced back to the planning phase . Planning procedures from risk assessments to major program determination to selecting applicable compliance requirements can set the audit team on the right path to proper engagement execution, if done well. If not done well, it can lead to nonconformity with professional standards and disciplinary action on engagement leaders. Please join us for this session as take a case study approach for what effective single audit planning should look like.
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.
The Federal Accounting Standards Advisory Board marked its 30th anniversary and continues to actively pursue improvements to federal financial reporting. Attendees will learn about the challenging issues being addressed and have an opportunity to ask questions. Attendees will leave informed about:
The 2018 Yellow Book revises the requirements on independence, especially as it relates to the performance of nonaudit services related to preparing accounting records and financial statements. This session will help you understand the new independence requirements.
This site uses cookies to store information on your computer. Some are essential to make our site work, others help us improve, the user experience. By using the site, you consent to the placement of these cookies. Visit our Privacy Center to learn more.