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AICPA Governmental Accounting and Auditing Update Conference (GAAC)

Washington, DC

Aug 07 - 08, 2017

Conferences

AICPA Governmental Accounting and Auditing Update Conference (GAAC)

COMPLIANCE | ACCURACY | QUALITY

UPDATES SPECIFIC TO YOUR GOVERNMENT AREA

Our in-depth sessions at this year’s AICPA Governmental Accounting and Auditing Update will target questions and issues specific to your area of expertise, whether at the federal, state or local level.

Attend in Washington or via webcast for updates direct from key government officials and policymakers.

Uniform Guidance is still top of mind for many of us, but there’s a new dimension to the standards. As we shift into year two of Uniform Guidance, questions of application — in addition to implementation — are taking priority.

This August, GAAC will address both elements through in-depth technical guidance and strategy updates. Extensive on-site networking opportunities and engagement forums for online attendees, also will connect you with peers, for a consensus-building approach to solving challenges.

Attend Online
Attend the AICPA Government Accounting and Auditing Update Conference virtually, multiple online options are available for your convenience.

Who Should Attend

CPAs working in federal, state and local government; public practitioners with government clients; and regulators who need to be aware of emerging developments.

Download Brochure

Optional Post-Conference Workshops

Click Register Now above to choose your options.

Workshop Title Date Time
How to Become a Super Fraud Prevention Champion August 9, 2017 8:00 AM - 11:35 AM
Commonly Asked Uniform Guidance and Yellow Book Questions from Basic to Advanced August 9, 2017 8:00 AM - 11:35 AM

Attendees may request Yellow Book credits for this conference.
*Auditors must use professional judgment when determining and documenting if these sessions qualify for Yellow Book CPE in accordance with the Government Accountability Office, Government Auditing Standards, December 2011 Revision, and Guidance on GAGAS Requirements for Continuing Professional Education, April 2005, GAO-05-568G.

Discounts

Government Audit Quality Center (GAQC) Members Save an Additional $50.00

If you are a GAQC member, you can save $50.00 off the registration price. Find out more information on the GAQC Website.

Quantity Discounts Available

Registering multiple participants?

Group-rate discounts offer maximum savings for firms with multiple registrants. Contact an AICPA representative to book your group registration at 888.777.7077 M-F, 9am-6pm ET.

Agenda

MONDAY, Aug 7
7:00 AM - 5:30 PM

Registration & Information Center Open

7:00 AM - 8:15 AM

Continental Breakfast & Vendor Display

8:00 AM - 8:25 AM

Welcome & Introduction

Presentation of the Outstanding CPA in Government Award - GPAC Chair to Introduce Speaker

8:25 AM - 9:40 AM

Making Sense Out of Change

Speaker: Jonathan Kraftchick, CPA - Director, Cherry Bekaert LLP

Now more than ever, status quo is not an option. Some of us embrace this, but most of us chose accounting because of its stability. While we may intuitively know that change must happen for progress to occur, for many of us, the idea of change brings frustration and fear. While you may not be able to change reality, you can certainly change your perception. During this course, we’ll explore common psychological reactions to change and explore techniques and other tips on how to mitigate the perceived threat and how to learn to embrace a little more chaos in your life.

Learning Objectives

  • Explain why many of us resist change (unless it’s our idea of course)
  • Establish a culture of creativity and trust to effectively lead your organization through change
9:45 AM - 10:35 AM

AICPA Professional Update

Speaker: Kimberly N. Ellison-Taylor, CPA, CGMA - Chairman of the AICPA Board, Oracle America, Inc.

Kimberly Ellison-Taylor will provide an overview of the key forces driving change for the CPA profession today and in the future. She will discuss key AICPA initiatives focused on supporting members in an ever-changing profession.

10:35 AM - 10:55 AM

AM Refreshment Break & Vendor Display

10:55 AM - 12:15 PM

OIG/CIGIE Hot Topics

Speaker: Andrea Smith, MBA, CFE - Director, Treasury OIG

The Digital Accountability and Transparency Act of 2014 (DATA Act) requires Federal agencies to submit spending data in accordance with newly established data standards for publication on USASpending.gov by May 2017. The DATA Act includes, in part, specific oversight expectations of inspectors general (IG) and the Government Accountability Office (GAO). Andrea D. Smith, Audit Director for Fiscal Service Audits at the Department of the Treasury, Office of Inspector General, leads the Federal Audit Executive Council’s DATA Act Working Group in educating the IG and government financial communities on the DATA Act oversight process. Ms. Smith led the efforts to develop the common methodology for IG audits mandated by the DATA Act. Ms. Smith, along with the Working Group, through its Common Methodology and Technical Approach Sub-groups, engaged Treasury, OMB, GAO, and technical experts across the IG community to solicit input. This common methodology is a tool IGs should use to evaluate and assess the completeness, timeliness, quality, and accuracy of the data submitted and their agency’s implementation and use of the data standards as required by the DATA Act. This session will include an overview of the DATA Act, Government-wide implementation efforts, how the IG community plans to meet its oversight responsibilities, and review the DATA Act common methodology guide.

Learning Objectives

  • Participants will have an understanding of the IG - DATA Act Oversight Requirements.
  • Participants will tools necessary to perform DATA Act required reviews.

Horizon Topics from GASB

Speaker: David Vaudt, CPA - Chair, Governmental Accounting Standards Board

Get an overview of the projects on the technical agenda of the GASB.

Learning Objectives

  • Learn about the major projects being deliberated by the GASB.
  • Learn about the practice issues being addressed by the GASB.
  • See what the future may hold by learning about the GASB's pre-agenda research activities.

Applying GASB 72 - Fair Value Measurement

Speakers:
Melisa Galasso, CPA, CGMA
- Senior Manager, Audit Professional Practices, Cherry Bekaert LLP
Eric Fromberg, CPA - Partner, Plante Moran

In March 2015, the Governmental Accounting Standards Board (GASB) issued Statement No. 72, Fair Value Measurement and Application. This standard will require local governments to consistently apply fair value techniques and disclosures to their investments. This course will cover the basics of the standard including definitions, valuation techniques, the fair value hierarchy as well as disclosures. Then we will discuss the best practices in applying and implementing the standard. We'll close with a discussion of what auditing steps will be to insure proper measurement and disclosure.

Learning Objectives

  • Define fair value
  • Describe valuation technique identified in GASB 72
  • Recognize the levels of the fair value hierarchy
  • List audit procedures to test fair value
12:15 PM - 1:15 PM

Luncheon

1:15 PM - 2:30 PM

Data Analytics: Emergence in and Implications to Government Accountability

Speakers:
Beri Davis, CPA
- Director, Financial Management and Assurance, U.S. GAO
Timothy Pearsons, PhD - Chief Scientist, GAO
Johan Bos-Beijer - Senior Advisor, Naval IG
Christopher Westphal - Founder of analysis365.com

Good financial management in the public sector is predicated upon sufficient, reliable, and meaningful data. Data analytics is becoming a powerful tool for decision makers as they engage in activities related to risk management, performance management and ensuring payment integrity to prevent fraud and improper payments. Hear firsthand how government officials are using data analytics within their respective organizations and through public-private partnerships to make government more accountable.

Learning Objectives

  • Learn how using data-centric approaches can support risk management and performance management in government agencies.
  • Learn about the data and metrics of improper payments and the technologies agencies are using to address payment integrity issues, such as identity theft and payments to ineligible beneficiaries.
  • Better understand the value of decision-making based on data analytics to help ensure taxpayers’ dollars are being wisely spent.

Uniform Guidance: Auditor Lessons Learned

Speakers:
Mary Foelster, CPA, CGMA
- Senior Director, Governmental Auditing and Accounting, AICPA
Kim McCormick, CPA - Partner, Grant Thornton LLP

Auditors made it through the first year of performing single audits under the Uniform Guidance and are now heading into Year 2. This session will look at how things went including: Challenging areas and what to watch out for; Frequently asked questions; Feedback from peer review oversight reviews of single audits; and Auditor resources.

Learning Objectives

  • Understand challenging areas of performing single audits under the Uniform Guidance Understand single audit quality problems
  • Learn about where to find relevant resources

Recent GASB Implementation Guidance--Beyond the Original Pronouncement

Speakers:
David Bean, CPA
- Director of Research and Technical Activities, Governmental Accounting Standards Board
Heather Acker, CPA - Partner, Baker Tilly Virchow Krause, LLP

GASB implementation guidance takes several forms--from stand-alone implementation guides and the annual implementation guide updates to amendments to the standards. This session will cover major topics addressed in recently issued implementation guidance.

Learning Objectives

  • What major topics were addressed in Implementation Guide 2016-1, Update.
  • What major topics were addressed in Implementation Guide 2017-1, Update.
  • What major topics were addressed in Implementation Guide 2017-2, OPEB Plans.
  • What major topics were addressed in the new pension issues and omnibus Statements.
2:30 PM - 2:50 PM

PM Refreshment & Vendor Display

2:50 PM - 4:05 PM

Understanding Unconscious Bias

Speaker: Suri Surinder - CEO, CTR Factor

Many industry professions value and leverage pattern recognition and informed judgment based on limited information. While this is a huge strength for many leaders, managers and employees, it could also lead to unconscious biases in our decision making when it comes to day to day issues like hiring, mentoring, promoting, staffing, developing people, and engaging with clients. Through an engaging mix of insights, exercises, illustrations, activities, polls, and videos, this session will enable participants to understand, identify, and manage their unconscious biases. Session participants leave with specific strategies and tactics that they can deploy in their day to day work to maximize intuitive strengths and minimize unintended fallout.

Learning Objectives

  • UNDERSTAND the different types of biases in the workplace, both conscious and unconscious and how they affect business decisions and outcomes.
  • IDENTIFY their own personal biases which might be holding them back from true inclusiveness and client engagement.
  • MANAGE BIASES in a constructive manner to help obtain the highest level of inclusiveness and performance.

Common Deficiencies in Auditing Estimates

Speakers:
Melisa Galasso, CPA, CGMA
- Senior Manager, Audit Professional Practices, Cherry Bekaert LLP
Eric Formberg, CPA - Partner, Plante Moran

The AICPA has identified auditing estimates as a consistent deficiency in the past few years. This course will look at a variety of estimates ranging from fair value as well as the new leases standard and help practitioners identify the appropriate risk and select procedures to mitigate them. We'll incorporate best practices in using a specialist to assist auditor's with obtaining sufficient appropriate evidence.

Learning Objectives

  • Identify situations where estimates are often required
  • Describe the requirements for using an auditors specialist
  • Evaluate estimates and identify management bias

OPEB Part I: Accounting

Speakers:
Robert Scott, CPA
- Assistant City Manager, City of Carrollton, Texas
Kevin Smith, CPA - Partner, Crowe Horwath LLP

Part 1 focuses on the accounting aspects of GASB 75, Accounting and Financial Reporting for Post- Employment Benefits Other Than Pensions, with an emphasis on how the OPEB standard differs from pension related requirements including the underlying substance of OPEB transactions and actuarial related considerations. It includes specific examples of journal entries needed to convert governmental budget basis numbers to a GAAP basis in the government-wide and proprietary statements. Objectives include:

  • Understanding substantive differences between pensions and OPEB
  • How governments can prepare for a smooth implementation
  • Understanding the actuarial valuation
4:15 PM - 5:30 PM

System Evolution and its impact on Financial Management High Risk

Speakers:
Jeffrey Bobich
- Director, Financial Management, Department of Homeland Security
Lora H. Muchmore - Director, Business Integration, Office of Secretary of Defense
Nicholas Marinos - Director, Information Technology , U.S. Government Accountability Office
Lorin Venable

Following passage of the CFO Act, policies and standards that govern federal systems were revised to advance quality of federal financial information. Various agency financial systems were upgraded, consolidated or modernized to support program delivery, safeguard assets and manage taxpayer dollars. While progress has been made, further opportunities exist to strengthen the availability of accurate, timely, and relevant financial information to support decision-making. Hear views from DOD and DHS as well as GAO and DOD OIG oversight perspectives on how these agencies have kept up with the need of providing better information, the gaps that impacts their ability to provide good financial and related data and what opportunities exist to close those gaps.

Learning Objectives

  • How have financial systems evolved at DOD and DHS?
  • What gaps exist in the system that impacts their ability to provide good financial and related data?
  • What opportunity exists to close these gaps?

Common financial reporting deficiencies

Speakers:
Greg Allison, CPA
- Teaching Professor, UNC School of Government
Bob Scott, CPA - Assistant City Manager, City of Carrollton, Texas

Governmental GAAP is complex, changing quickly and not always intuitive. This session will focus on common financial reporting deficiencies found in recent Comprehensive Annual Financial Reports.

Objectives for the session include:

  • Identifying common financial reporting deficiencies including the correct accounting treatment
  • Developing strategies for creating a GAAP compliant CAAFR and
  • Understanding the whys as well as the what behind the standards.

OPEB Part II: Auditing OPEB Plans Under GASB 74

Speaker: Joel Black, CPA - Partner, Mauldin & Jenkins

Help auditors think through how to audit OPEB plans under GASB 74/75. We will discuss how this will be different from auditing pension plans but also how the knowledge gained from the implementation of GASB 67/68 can be utilized. We will also include information from the newly revised OPEB chapter in the AICPA Accounting and Auditing Guide for State and Local Governments.

Learning Objectives

  • For auditors to have information on how to approach auditing OPEB Plans with the implementation of GASB 74 and 75.
  • For auditors to understand how the approach to auditing OPEB will be like the approach to auditing pension but also how they will differ.
  • To gain an understanding of key items in the newly revised OPEB chapter in the AICPA Accounting and Auditing Guide for State and Local Governments.
TUESDAY, Aug 8
7:00 AM - 5:15 PM

Registration & Information Center Open

6:30 AM - 8:15 PM

Continental Breakfast & Vendor Display

7:00 AM - 7:50 AM

AICPA Independence Exposure Draft: Entities Included in State and Local Government Financial Statements.

Speakers:
Nancy Miller, CPA, CGMA
- Managing Director, KPMG

Members of the AICPA PEEC SLG affiliates task force will present the exposure draft on entities requiring independence when performing a SLG financial statement audit.

Learning Objectives

  • Understand the nature of the changes in the exposure draft to funds and component units (entities) that will require independence
  • Understand the evaluation process to identify entities requiring independence
  • Understand the rationale for the changes in the exposure draft
  • Have an opportunity to provide feedback on the exposure draft

Using the Federal Audit Clearinghouse to Monitor and Improve Audit Quality

Speakers:
Teresa Bordeaux, CPA, CGMA
- Lead Technical Manager, AICPA
Randy Watkins, CPA, CGMA - Partner, Anton Collins Mitchell LLC

The Federal Audit Clearinghouse (FAC) has a wealth of information that auditors and auditees can use to monitor and improve audit quality. The Data Collection Form (DCF) has been available to the public for years but did you know that now the full reporting package for single audits is available to view and download?

Learning Objectives

  • How to search and download data and reporting packages from the FAC
  • Common errors found in DCFs and reporting packages and how to avoid them
  • How audit firms can use the FAC to monitor firm quality, and
  • How federal agencies and pass-through-entities can use the FAC to monitor audits

Order From Chaos: Order From Chaos: Virtual Auditing with Big Data

Speaker: George Strudgeon, CPA, CGFM, CGMA, MBA - Audit Director, Virginia Auditor of Public Accounts

Learn real world examples of how auditors are using information from systems to confirm that application controls are working as designed, financial statements are materially correct, systems reconcile, access controls are supporting the principles of least privileges and separation of duties, and transactions are properly approved.

Learning Objectives

  • Learn the importance of application controls.
  • Learn where the auditor can obtain audit evidence that application controls are working as designed.
  • Learn management’s responsibilities for application controls.
8:00 AM - 8:10 AM

Morning Announcements

8:10 AM - 9:25 AM

Auditing Standards Update

Speakers:
Chuck Landes, CPA
- Vice President, AICPA
Jim Dalkin, CPA, CGMA - Director, Financial Management and Assurance Team, GAO

Provide update on new auditing and assurance standards relative to governmental audit engagements.

Learning Objectives

  • Learn what's new this year in the audit/assurance standards that will impact engagements
  • Hear what's on the horizon to improve audit quality.
  • Understand the changes reflected in the Yellow Book Exposure Draft
    • Learn how the changes may impact practice
9:35 AM - 10:25 AM

Cybersecurity Panel

Speakers:
Guarav Kumar

Alfredo Riverol, CPA, CGMA - Chief Financial Officer, City of South Miami

Malicious cyberattacks against public and private companies and various agencies of the federal government have highlighted the growing cybersecurity risk to organizations of all sizes, in all sectors. This session will discuss these risks from both the perspective of governmental entities and their auditors and cover the following:

  • Common cybersecurity risks and how they affect the scope of the governmental audit engagement;
  • What preparers and auditors can do to remediate the risk associated with cybersecurity threats; and
  • Work the AICPA is doing on cybersecurity attestation engagements and other relevant resources.
10:25 AM - 10:45 AM

AM Refreshment Break & Vendor Display

10:45 AM - 12:00 PM

DATA Act First Year Reporting

Speaker: Christina Ho, CPA - Deputy Asst. Sec. Accounting Policy and Financial Transparency, Treasury Department

As a leader in Federal financial management, Ms. Ho has been spearheading the Federal government’s implementation of the Digital Accountability and Transparency Act (DATA Act). The DATA Act established a mandate for our government to make federal spending data more accessible, searchable, and reliable, in part, by standardizing and publishing granular information about federal spending – approximately $3.8 trillion annually or roughly 20% of GDP. In May of 2017, the federal government will begin aggregating and disseminating information about its spending lifecycle, connecting appropriations, awards and outlay information for the first time. These new connected data sets will provide the public, the media and oversight bodies with a necessary foundation for understanding how our government allocates and uses taxpayer dollars. Treasury will launch a brand new USAspending website incorporating the new and expanded data standards. As Treasury puts this new information infrastructure in place to enhance transparency about resource allocation and use, this session will to take a holistic view at what it will take to leverage that information to effectively assess performance and value creation across our economy. This session will also include a live demo of the new USAspending website.

Uniform Guidance: Auditor Lessons Learned

Speakers:
Mary Foelster, CPA, CGMA
- Senior Director, Governmental Auditing and Accounting, AICPA
Kim McCormick, CPA - Partner, Grant Thornton LLP

Auditors made it through the first year of performing single audits under the Uniform Guidance and are now heading into Year 2. This session will look at how things went including: Challenging areas and what to watch out for; Frequently asked questions; Feedback from peer review oversight reviews of single audits; and Auditor resources.

Learning Objectives

  • Understand challenging areas of performing single audits under the Uniform Guidance Understand single audit quality problems Learn about where to find relevant resources

OPEB Part I: Accounting

Speakers:
Robert Scott, CPA
- Assistant City Manager, City of Carrollton, Texas
Kevin Smith, CPA - Partner, Crowe Horwath LLP

Part 1 focuses on the accounting aspects of GASB 75, Accounting and Financial Reporting for Post- Employment Benefits Other Than Pensions, with an emphasis on how the OPEB standard differs from pension related requirements including the underlying substance of OPEB transactions and actuarial related considerations. It includes specific examples of journal entries needed to convert governmental budget basis numbers to a GAAP basis in the government-wide and proprietary statements. Objectives include:

  • Understanding substantive differences between pensions and OPEB
  • How governments can prepare for a smooth implementation
  • Understanding the actuarial valuation
12:00 PM - 1:00 PM

Luncheon

1:00 PM - 2:15 PM

Federal Accounting Standards Advisory Board (FASAB) Update

Speakers:
Wendy Payne, CPA
- Executive Director, Federal Accounting Standards Advisory Board
Monica Valentine, CPA - Assistant Director, FASAB
Ross Simms, CIA - Assistant Director, FASAB

Learn about the Federal Accounting Standards Advisory Board’s (FASAB) latest accounting standards, proposed standards, and major projects. FASAB has issued Statement of Federal Financial Accounting Standards (SFFAS) 51, Insurance Programs, and is finalizing standards for reporting tax expenditures. FASAB is also

  • proposing standards for reporting leases,
  • proposing standards for a new budget and accrual reconciliation to replace the existing Statement of Financing,
  • proposing concepts for federal financial reporting,
  • responding to the Department of Defense’s request for guidance,
  • performing research for reporting federal land,
  • performing research on performance reporting, and
  • performing research on additional risks assumed by the federal government other than insurance programs.

The panel members will provide an overview of these topics and discuss emerging issues.

Exploring GASB Implementation Guidance - A Deeper Dive

Speaker: David Bean, CPA - Director of Research and Technical Activities, Governmental Accounting Standards Board

In addition to implementation guidance, the GASB has recently issued guidance on two major topics--leases and fiduciary activities. This session will focus on these new requirements.

Learning Objectives

  • What major changes were adopted for lease accounting from the lessee perspective.
  • What major changes were adopted for lease accounting from a lessor perspective.
  • What major changes were adopted in the classification of fiduciary activities.
  • What major topics were adopted regarding fiduciary fund reporting.

OPEB Part II: Auditing OPEB Plans Under GASB 74

Speaker: Joel Black, CPA - Partner, Mauldin & Jenkins

Help auditors think through how to audit OPEB plans under GASB 74/75. We will discuss how this will be different from auditing pension plans but also how the knowledge gained from the implementation of GASB 67/68 can be utilized. We will also include information from the newly revised OPEB chapter in the AICPA Accounting and Auditing Guide for State and Local Governments.

Learning Objectives

  • For auditors to have information on how to approach auditing OPEB Plans with the implementation of GASB 74 and 75.
  • For auditors to understand how the approach to auditing OPEB will be like the approach to auditing pension but also how they will differ.
  • To gain an understanding of key items in the newly revised OPEB chapter in the AICPA Accounting and Auditing Guide for State and Local Governments.
2:15 PM - 2:35 PM

PM Refreshment & Vendor Display

2:35 PM - 3:50 PM

Entity Level Controls Assessment by Management

Speakers:
Scot Janssen, CPA
- Partner, KPMG
David Frakes - Project Leader - Financial Integrity , Social Security Adminstration
Brian Murphy, CPA - Partner, Kearney and Company
David Zevada, CPA - Partner, Kearney and Company

The new GAO Standards of Internal Control for Federal Government (Green Book) became effective in fiscal year 2016. All Federal CFO Act agencies subject to FMFIA and OMB Circular A-123 reporting requirements were required to complete their assessment of the effectiveness of internal control using the Green Book as the criteria for performing the assessment. The panelists will present how the Social Security Administration implemented the new Green Book in FY 2016, including how the SSA planned and conducted tests of design and effectiveness of the 17 principles supporting the five components of internal control defined in the Green Book.

Learning Objectives

  • How to plan and conduct an assessment of internal control using the criteria published in the Green Book.
  • How to identify, test, and evaluate the effectiveness of entity level controls.
  • How to determine test work coverage of the 17 principles using the control attributes defined by the Green Book.

Top 10 Issues Auditors Should Focus On - GASB

Speakers:
Heather Acker, CPA
- Partner, Baker Tilly Virchow Krause, LLP
Susannah Baney - Manager, Baker Tilly Virchow Krause, LLP

This session will explore some areas auditors need to focus on related to the implementatin of recent GASB standards.

Learning Objectives

  • Identify areas of challenge with the adoption of recent standards.
  • Learn more about topics that auditors may not have been 'getting right' based on recent peer review data.
  • Understand some of the lessons learned from and auditor's perspective of GASB standards implementation.

Steal Like a Boss

Speaker: Charles Hall, CPA, CFE, MAcc - Partner, McNair, McLemore, Middlebrooks & Co., LLC

Do you have the nerve and knowledge to be a first-class thief? In this presentation, you will learn how to take massive amounts of money from your government! To be successful, you need to be believable, develop your plan, calm your conscience, and artfully execute. See what it takes to think and act like a world-class fraudster.

Learning Objectives

  • to teach participants to recognize signs of theft.
  • to teach participants ways to prevent fraud in governments.
  • to teach participants how fraudsters think.
4:00 PM - 5:15 PM

Sampling Techniques

Speaker: Jeremy Nash - Managing Director, KPMG

Sampling terminology and techniques for management.

Learning Objectives

Attendees will learn the following about sampling techniques:

  • Relevant sampling terminology
  • Different sampling techniques in relation to financial reporting and the benefits and drawbacks of each technique
  • Considerations when planning and evaluating samples

De minimis vs. NICRA: Creating an Indirect Costs that Works for You

Speaker: Tom Kodiak, MBA, MIM - Strategic Coordinator, U.S. Department of State

Indirect cost rates seem complicated but that does not have to be the case. Tom Kodiak, Strategic Coordinator and warranted Grants Officer at Department of State will discuss the pros, cons, and how-to’s of the De minimis vs. the NICRA. This participant engaged session includes real-world examples of four different indirect cost structures to show impacts on prime grantees, subawards, and pass-through organizations. Discussion involves how to negotiate with auditors and preparing justification for cognizant Federal bodies.

Learning Objectives

This course will be a discussion on different entity types and how to build an appropriate indirect administrative structure that properly allocates costs for the organization. A clear and defendable administrative cost structure is crucial to winning grant proposals, passing OIG and A-133 audits, and ensuring that the organization has the administrative resources required to ensure appropriate control over grant funding.

  • To understand modified total direct cost calculations and the impact of passing grant funding to subrecipients and contracts and how to properly reflect those administrative structures on the SF-424 documents and budgets for both the prime and sub-recipient.
  • Examples of org structures that will help guide clients in their approach to NICRA negotiations or the de minimis request and the flexibilities allowable under Omnicircular 2 CFR 200.

I present this course from the Federal view, but given I have performed dozens of NGO headquarters reviews and administrative analysis of indirect costs, I provide real-word pros and cons of the different structures in order to give participants the tools to advise as well as craft an indirect structure that works best for their organization or clients.

How to Prepare for 'Horizon' Topics from the GASB

Speakers:
Randy Watkins, CPA, CGMA
- Partner, Anton Collins Mitchell LLC
Alfredo Riverol, CPA, CGMA - Chief Financial Officer, City of South Miami

Highlight considerations related to new guidance from the GASB from an auditor's and auditee's perspective.

Learning Objectives

  • Be prepared to address changes resulting from new GASB guidance, and how these will affect your organization, or your firm in applying the new guidance.
WEDNESDAY, Aug 9
7:00 AM - 12:00 PM

Registration & Information Center Open

8:00 AM - 11:35 AM

How to Become a Super Fraud Prevention Champion

Speaker: Charles Hall, CPA, CFE, MAcc - Partner, McNair, McLemore, Middlebrooks & Co., LLC

Have you ever desired to become a fraud prevention champion? In this half-day course, we will peer into real-life governmental fraud cases and see how they occurred. You will leave the class with practical fraud prevention steps for any national, state or local government.

Learning Objectives

  • to teach participants how to prevent fraud using general and specific fraud prevention measures.
  • to teach participants about real-life fraud cases so they can use this knowledge to prevent theft in their governments.
  • to teach participants the importance of transparency in accounting systems.
  • to teach participants how to segregate accounting duties, resulting in safer accounting systems.

Commonly Asked Uniform Guidance and Yellow Book Questions from Basic to Advanced

Speakers:
Teresa Bordeaux, CPA, CGMA
- Lead Technical Manager, AICPA
Melisa Galasso, CPA, CGMA - Senior Manager, Audit Professional Practices, Cherry Bekaert LLP

In year 2 of implementation, there are still questions and sometimes confusion on Uniform Guidance audit requirements. The AICPA has received many questions on these requirements via e-mail, at conferences, and during previous Governmental Audit Quality Center Web events. During this session, our presenters will:

  • Share common implementation issues;
  • Point to formal answers, when they exist, found in the Uniform Guidance and/or the Frequently Asked Questions (FAQ) document issued and updated periodically by the Council on Financial Assistance Reform (COFAR);
  • Cover topics including Uniform Guidance effective dates, major program determination, reporting issues, and Government Auditing Standards; and
  • Provide information on where auditors can find relevant resources.

Exhibitor and Sponsor Opportunities

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Travel & Accommodations

LOCATION:

Capital Hilton
1001 16th St NW,
Washington, DC 20036

Hotel Information

Group Rate: $199 single/double
Cutoff Date: Friday, July 7th.
Hotel Direct: 202.393.1000*
Online Reservations

*Please only use this phone number and link to receive the correct room rate.

Contact the hotel directly to obtain its policy on reservations, deposits, and cancellations. Rooms will be assigned on a space-available basis only. To receive our special group rates, mention that you will be attending the AICPA Government Accounting and Auditing Conference. Hotel room availability and rates are not guaranteed. This room block is expected to sell out, possibly prior to the rate cutoff date. Please book your reservation as early as possible.

DRESS CODE:
Business Casual


TRAVEL ARRANGEMENTS
The AICPA has a special agreement with Maupin Travel, Inc. of North Carolina to assist you with your travel arrangements. Call 1-800-345-5540 to arrange your travel to the AICPA Conference.

DELTA AIR LINES
2% to 10% OFF OF APPLICABLE FARES OR SPECIAL ZONE FARES* AVAILABLE
Call Delta Airlines 1-800-328-1111. Refer to Meeting Event Code # NMPTK

Reservations and ticketing is also available via www.delta.com When booking online, select Book A Trip, click on Advanced Search and enter the meeting event code NMPTKin the box provided.

*Zone Fares do not require a Saturday night stay over. These fares are available on all flights but are inventory controlled. Some restrictions may apply.

HERTZ CAR RENTAL
SPECIAL CONVENTION RATES ARE AVAILABLE
Book Online or call Hertz at 1-800-654-2240 and use AICPA discount code (CDP#) 12353 and convention code (CV#) 021H0024

Rates are subject to availability. The AICPA is not liable for any penalties incurred if you cancel/change your reservations.

Online Conference System Requirements

Attending Online is easy! Check the System Requirements below and install Adobe Flash if you haven't already, then visit this demo page once you're ready to check for compatibility.

NOTE: For sessions that are audio-only, you use the same player and have the experience as the above demo page, but there will be a static image in place of the video stream.

  • Adobe Flash plugin (Click on link to install) http://get.adobe.com/flashplayer/
  • Supported Browsers: Internet Explorer 8 or Higher, Firefox, Chrome, Safari
  • Computer with Speakers / Headset
  • High speed internet connection

Cancellation Policy

On-Site Conference: You may cancel without penalty if cancellation request is received up to and including 45 days prior to the start of the conference. Due to financial obligations incurred by the AICPA, a credit less 50% of the registration fee will be issued for requests received up to and including 21 days prior to the start of the conference. No refunds or credits will be issued on cancellation requests received less than 21 days prior to the start of the event.

Online Conference: You may cancel and receive a refund if cancellation request is received up to and including 15 days prior to the start of the conference. You can cancel and receive a 100% credit if your registration is canceled within 7 days of the start of the conference. Due to financial obligations incurred by the AICPA, a 60% credit will be issued for requests received up to the day prior to the start of the conference. No refunds or credits will be issued on cancellation requests received once the online conference begins.

For more information about AICPA's conference cancellation policy, contact the AICPA Service Center at 1-888-777-7077 or service@aicpa.org.