Events Search
  Summary & Check Out (0)
Thursday, June 20, 2019 Live / Webcast

Governmental Accounting & Auditing Conference (E1906310)

8:00 AM - 4:00 PM EDT

Registration: 7:45 AM EDT

APA Hotel Woodbridge

120 Wood Avenue South
Iselin , NJ 08830

8 CPE Credits in AA

OVERVIEW

Take an in-depth look at governmental accounting & auditing. Look forward to updates on GASB, emerging technology, and Single Audit.

DESIGNED FOR

CPAs, auditors, city officials and other financial professionals who are involved in local government audits.

HIGHLIGHTS

7:45-8 a.m.
Registration, Breakfast, and Opening Remarks

8-9:15 a.m.
GASB Update Including Financial Report Model Improvements Proposal
Roberta Reese, CPA – Governmental Accounting Standards Board
This session will provide updates on the recent developments at the GASB including the Preliminary Views, Financial Reporting Model Improvements, and an overview of new standards. Other topics include:
  • Asset retirement obligations
  • Certain debt disclosures
  • Fiduciary activities
  • Majority equity interests
  • Leases
  • Interest cost
9:15-10:05 a.m.
Intelligent Automation and Data Analytics in Government Audits
Fabian G. Williams – WithumSmith+Brown PC
Process Automation has come a long way in sophistication. The days of a clunky user interface and a rigid data back-end are gone. Today, we see an increasing trend towards a decoupled and modular toolset. The method of Business Process Management now involves a different kind of interaction with human beings that involve artificial intelligence (AI) and machine learning (ML), which can understand natural language and unstructured data sets. In government financial management and audit we can realize these gains in the areas of:
  • Budget cycles and budget pressures
  • Changing laws and regulation
  • Fraud and improper payment auditing
  • Access to data and data sharing
  • Entitlement oversight
This session will examine the increased efficiency that humans will have when mundane tasks are no longer a concern, and how professionals can capitalize in this evolving area.

10:05-10:20 a.m.
Break

10:20-11:10 a.m.
New Jersey Department of Education Update
Jacqueline Grama, CPA and Montu Patel, CPA – New Jersey Department of Education
Almost half of New Jersey’s fiscal budget is distributed as school aid to districts. Topics to be discussed:
  • New changes to the Audit Program
  • Changes with state aid
  • Updates on grants and findings
11:10 a.m.-12:00 p.m.
Update on the FAST System
Cynthia Lindsay – Division of Local Government Services
The Financial Automation Submission and Tracking (FAST) System provides solutions to make submission, review, and approval easier. Join us for an overview of the FAST System with a subsequent discussion about the annual budget, audit, and financial statements.

12-12:50 p.m.
Lunch

12:50-2:30 p.m.
Single Audit: Recent Developments, Common Deficiencies, and the Importance of Internal Controls
John D’Amico, CPA – Marks Paneth LLP
Single Audit failures happen due to general lack of Uniform Guidance familiarity including the requirements of internal control over compliance. Get thorough knowledge of internal control over compliance, newly enacted procurement standards, and the OMB Compliance Supplement. Common deficiencies found in Single Audit will include issues regarding the:
  • Schedule of Expenditures of Federal Awards
  • Activities allowed and unallowed
  • Cash management
  • Reporting compliance requirement Subawards and sub-recipient monitoring
2:30-2:45 p.m.
Afternoon Break

2:45-4 p.m.
Psychology of Fraud
Brian Sanvidge, CIG, CFE and Julie Fox – Anchin, Block & Anchin LLP
What leads an individual to commit fraud? Join us for a discussion on:
  • The background of an individual that leads to theft
  • Discussion on current case studies surrounding municipal theft
  • Speculation on when the opportunity to commit fraud arises, and why individuals decide to commit fraudulent acts

COURSE LEVEL

Intermediate

PREREQUISITES

None

ADVANCE PREPARATION

None

INSTRUCTORS

John D'Amico

John D'Amico, CPA

Partner

Marks Paneth LLP

John D'Amico, CPA, is a Partner within the Professional Standards Group at Marks Paneth LLP, which is responsible for monitoring quality control in the firm as mandated by professional standards. He specializes in pre-issuance reviews and inspections of nonprofit organizations, governments and Single Audits. Mr. D’Amico also provides consultation on accounting and attestation matters and tests and monitors the firm's quality review policies and procedures. He teaches continuing education classes for the firm and on behalf of the American Institute of Certified Public Accountants (AICPA) nationally.

As a sought-out thought leader in his areas of expertise, Mr. D'Amico has authored numerous articles pertaining to nonprofit accounting/auditing, governmental auditing standards and Uniform Guidance. He frequently leads training seminars for his clients and is an instructor for the American Institute of Certified Public Accountants (AICPA). He has presented at the annual Nonprofit Conferences of the New York State Society of CPAs; the New Jersey Society of CPAs; and the Connecticut Society of CPAs; as well as the annual Governmental Conferences of the Connecticut Society of CPAs and the Michigan Society of CPAs.

In addition to his professional activities, Mr. D’Amico is a dedicated volunteer who regularly donates his time to charitable organizations. He currently serves on several nonprofit boards of directors in a variety of capacities.

Julie Fox

Julie Fox

Supervisor

Anchin, Block & Anchin, LLP

Julie is a supervisor in the Regulatory Compliance and Investigations Group. Prior to Anchin, she gained experience at Baker Tilly Virchow Krause, LLP where she specialized in fraud and investigative services related to construction, healthcare, and not-for-profit organizations.

Jacqueline Grama

Jacqueline Grama, CPA

Policy Planning Associate

State of NJ - Department of Education

Jacqueline Grama is a CPA, licensed in New Jersey and holds a New Jersey School Business Administrator Certificate. She began her career in 1987 at Arthur Young’s Metropark Office performing audits of state and local government agencies in New Jersey. In 1999, she joined the Department of Education’s Office of Fiscal Standards to develop and implement fiscal policy for the newly established Charter School Program. She currently works in the Office of Fiscal Policy and Planning and is primarily responsible for the development and administration of fiscal policy guiding school districts and for the related provision of technical assistance. She also administers the Special Education Medicaid Initiative (SEMI) in conjunction with the Departments of the Treasury and Human Services. She received her Bachelor of Science degree in Accounting from Rider University in 1987 and her Masters in Public Administration from Rutgers University in 2002. Jacqueline is also an active member of the Association of Government Accountants.

Cynthia Lindsay

Cynthia Lindsay, CMFO, QPA

Assistant Division Director

NJ Division of Local Government Services / Dept of Community Affairs

Cynthia Lindsay is the new Assistant Director of LGS. She was the former Comptroller and Assistant CFO for the City of Atlantic City. Within that role she worked alongside State officials in managing the fiscal challenges the City faces. She is also an Instructor for Rutgers, Local Governmental Services teaching the Financial Management Series. Her prior experience is as the Chief Financial Officer and Qualified Purchasing Agent for the Township of Hamilton, in Atlantic County, and former Support Specialist for Edmunds and Associates. She was a former Executive Board Officer of New Jersey’s GFOA .

Montu Patel

Montu G. Patel, CPA

Planning Associate

State of NJ - Department of Education

Montu Patel is a Planning Associate in the Office of Fiscal Policy and Planning. He joined the Department of Education in 2015 and is primarily responsible for the development and administration of fiscal policy guiding school districts and for the related provision of technical assistance. He received his Bachelor of Science degree in Accounting from Rutgers University in 2006. He holds a CPA license in New Jersey. Prior to working with the Department of Education, his experience includes the audits of profit and not-for-profit organizations.

Roberta Reese

Roberta Reese, CPA

Senior Project Manager

Governmental Accounting Standards Board

Roberta Reese is a Senior Project Manager with the Governmental Accounting Standards Board (Norwalk, CT) 1999. Her current project assignments are the conceptual framework project on recognition and the financial reporting model reexamination. Her major technical projects have included capital asset, infrastructure, and note disclosures issues for various GASB Implementation Guides; note disclosures, impairment of capital assets, service concession arrangements, postemployment benefits, and the conceptual framework: definitions and measurement of elements of financial statements.

Prior to her position with the GASB, she served for four years as Chief Accountant for the State of Nevada Controller’s Office with responsibility for preparation of the comprehensive annual financial report. Her previous experience includes seven years with the Reno, Nevada office of Deloitte performing financial and compliance audits of state and local governmental entities.

She received a Bachelor of Science degree in Finance from the University of the Pacific and a Master of Public Administration degree from Columbia University. She is licensed as a certified public accountant in the state of Nevada.

Brian Sanvidge

Brian P. Sanvidge, CIG, CFE

Principal

Anchin, Block & Anchin, LLP

Brian is the leader of the firm’s Regulatory Compliance and Investigations Group. He has been with Anchin Block & Anchin since 2019. As a Certified Inspector General in New York, he has more than 25 years of experience working with businesses on labor investigations, fraud investigations, disaster recovery, and business continuity. He has lectured nationally on labor law, business fraud, white- collar crime, and tax fraud, and has worked on regulatory compliance and government investigations for groups including the New York State Surrogate Bench as well as several bar associations. In 2013, Brian was honored to be included among the Who’s Who of Forensic Accountants by the Long Island Business News.

Fabian Williams

Fabian G. Williams

Principal

Fabian Williams is a Microsoft Office Apps & Services, as well as a Microsoft Developer Technologies MVP, and a Microsoft Solutions Architect / Azure Technical Evangelist. His work with the SharePoint product line dates back to the 2003 release. Fabian holds a Bachelors of Science degree in Computer Information System “Magna-Cum-Laude” from Strayer University, Washington D.C. and his Masters in Computer Information Technology studies at the Johns Hopkins University Carey School for Business in Columbia, Maryland. He holds the following Microsoft Certifications MCSE, MCSD and MCDBA. You may find him on twitter at the @fabianwilliams handle and his blog is http://www.fabiangwilliams.com

PRICING

In-Person Registration

    $269.00 - Member

    $369.00 - Nonmember

Webcast: Attend this conference virtually.

    $269.00 - Member

    $369.00 - Nonmember

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

Print a registration form