Our annual in-depth look at governmental accounting and auditing will help you effectively implement current and new statements from the GASB, overcome implementation issues, enact changes in single audits, comply with local government regulations and circumvent fraud in your organization.
DESIGNED FOR
CPAs, auditors, city officials and other financial professionals who are involved in local government audits
HIGHLIGHTS
8-8:50 a.m.
Single Audit Update
John D’Amico, CPA and Philip Marciano, CPA, CGFM – Marks Paneth LLP
This session will provide an update on the most recent changes in single audits. Common single audit deficiencies will be reviewed, and suggestions will be provided to help auditors avoid these errors.
9-10:15 a.m.
GASB Update
Kara Deiana, CPA - Governmental Accounting Standards Board
This session will provide an overview of the GASB pronouncements that will become effective in the upcoming fiscal years, including recently issued Statement No. 103, Financial Reporting Model Improvements. This session also will include a discussion of the active projects that are on the GASB’s technical and research agenda.
10:30-11:20 a.m.
Governmental Fraud
Special Agent Robert Glantz - Internal Revenue Service
Details coming soon
11:30 a.m.-12:20 p.m.
SAS 145 and 148 Update
Susan Maloney and Stephanie Jacobs - Baker Tilly
Details coming soon
12:20-12:50 p.m.
Lunch Break
12:50-2:05 p.m.
Governmental Auditing Update
Sam Latimer, CPA, CFE - Galaso Learning Solutions
The government audit update will cover various changes impacting Single Audits, including changes to the Uniform Guidance and the 2024 Compliance Supplement. We'll also review the changes in the 2024 Yellow Book and the process around submitting the new Data Collection Form.
2:15-3:05 p.m.
Implementing Generative AI in Governmental Accounting
Karl Ahlrichs
This fast-paced facilitated discussion goes beyond theory into the tactics needed to make AI effective. It starts with a look at the future and ends with actionable items for Governmental Accounting professionals to solve both future sustainability and talent shortage issues. The discussion then looks at how AI has different benefits and risks in each department.
3:10-4 p.m.
Department of Local Government Services Update
Jason Martucci - DLGS
Hear from the Division of Local Government Services (DLGS) about its current initiatives and what is planned for the future.
COURSE LEVEL
Basic