- Compare tips for sample-taking in a single audit.
- Assess best practices for reporting and auditing ARPA funds.
- Identify role of subrecipient monitoring in PTE compliance.
- Discuss the latest news from the Michigan Department of Education.
Presented in partnership with the Michigan Department of Treasury
The past two years have created unique accounting and auditing challenges for finance professionals operating in the realm of government. Join us at the Government Accounting & Auditing Conference for a complete update on the latest developments, changes and guidance impacting governmental accounting, including:
- Compare tips for sample-taking in a single audit.
- Assess best practices for reporting and auditing ARPA funds.
- Identify role of subrecipient monitoring in FTE compliance.
- Discuss the latest news from the Michigan Department of Education.
Sessions below are denoted in their titles as being geared toward the Auditor, Auditee (which is a Governmental Unit) or Both of those audiences.
Looking for live instruction and networking opportunities? Join us for the in-person option instead.
PRICING DETAILS
Register early to
take advantage of the best price! Please note, discounted pricing is already
reflected in the online price. No promo code is needed.
Through April 20:
$200 MICPA Members/ $350 Non-Members
April 21 - May 4: $220
MICPA Members/ $370 Non-Members
May 5 - May 18: $240 MICPA Members/ $390
Non-Members
Accounting professionals who work as audtors and finance specialists in local units of government.
- Accounting (Governmental)
- Auditing (Governmental)
- Regulatory Ethics
After registering for this event, you can customize your sessions via 'My Registrations'
KEYNOTE PRESENTATION: GASB Update 1.0 AA Details
GASB Update
The conference will kick-off with
need-to-know information on governmental accounting and reporting issues that
have addressed or currently are being addressed by the Governmental Accounting
Standards Board (GASB).
David Bean– CEO and Former
GASB Director, Governmental Accounting Research, LLC, Springfield,
IL
09:35 AM - 10:25 AM
A Who’s Who of Your Financial Reporting Entity? (Both)
Any entity associated with a primary government is a potential component
unit, which means all are subject to evaluation and potential reevaluation for
inclusion in the financial reporting entity. Entities are continually being
created, acquired, modified, disposed, and dissolved.
David
Bean – CEO and Former GASB Director, Governmental Accounting
Research, LLC, Springfield, IL
Acts Discreditable: A Powerful Ethics Rule that
Isn't Really About Ethics (Both)
Ethics is often described in terms
of doing the right thing and having integrity. The Acts Discreditable Rule of
the AICPA Code of Professional Conduct is the shortest and simplest of all
rules, and the only rule that applies to retired or nonworking CPAs. It is also
the most all-encompassing of all the AICPA ethics rules. But is it even "ethics"
as such? This workshop explores the idea of ethics in the context of this simple
rule.
Albert D. Spalding, CPA, JD, PhD – Associate Professor
Emeritus, Wayne State University, Detroit
10:35 AM - 11:25 AM
Some of the latest Michigan Department of Treasury updates include changes to forms, submission procedures, numbered letters and more. Review the Treasury developments most impactful to the profession, including those made to accounting and auditing manuals and Public Act 202.
Michael Forward, CPA – Audit Manager, Michigan Department of Treasury, Lansing
On the State of Education – School
Districts (Both)
Federal and state aid continues to make its way to
Michigan school districts. Find out what types of funding are on the table in
2023, review the latest expectations for auditing and reporting as well as the
most recent changes to School Accounting and Auditing Manuals and other breaking
news in education.
Caitlin Hengesbach, CPA – Audit Manager,
State of Michigan Department of Education, Lansing
Christopher May,
CGFM – Financial Specialist, State of Michigan Department of Education,
Lansing
Juan Suasto – Assistant
Director, State of Michigan Department of Education, Lansing
11:35 AM - 12:25 PM
On the State of Education – School
Districts (Both)
Federal and state aid continues to make its way to
Michigan school districts. Find out what types of funding are on the table in
2023, review the latest expectations for auditing and reporting as well as the
most recent changes to School Accounting and Auditing Manuals and other breaking
news in education.
Caitlin Hengesbach, CPA – Audit Manager,
State of Michigan Department of Education, Lansing
Christopher May,
CGFM – Financial Specialist, State of Michigan Department of Education,
Lansing
Juan Suasto – Assistant
Director, State of Michigan Department of Education, Lansing
Designing an effective audit for major programs within a single audit sometimes requires a bit of sampling. Find out what considerations should be weighed when taking a sample in a single audit as well as key concepts for sample selection. Plus, evaluate sample results and discover their impacts on the opinion on compliance and other conclusions.
Daniel J. Gould – Assurance Manager, Plante Moran, East Lansing
Melissa L. Stein – Assurance Manager, Plante Moran, Southfield
AFTER-LUNCHEON KEYNOTE: How to Solve Your Client’s Complex Problems Using the Revised Uniform Guidance 1.0 AA Details
How to Solve Your Client’s Complex Problems Using the Revised Uniform
Guidance
Whether you are a grants manager overseeing sub-recipients
for a state, municipal, or local government, part of a university or hospital,
an auditor performing a Single audit, or a recipient of pass-through funds on a
Federal grant or cooperative agreement, disputes between the
Pass-Through-Entities (PTEs) and their sub-recipients are going to happen.
Inevitably, there will be disagreements based on differing interpretations of
the revised Uniform Guidance as it applies to the administration of grants and
cooperative agreements. Learn an approach for solving problems from the public
accountant’s perspective as they consult with their sub-recipient client.
However, this method would also work for a PTE grants administrator or auditor
in order to support their position with the goal of resolution.
Paul
H. Calabrese – Principal, Outsourced Accounting & Advisory
Services, GRF CPAs & Advisors, Washington, DC
02:10 PM - 03:00 PM
Budgeting Techniques and Strategies for the
Upcoming Fiscal Cliff (Auditee)
New budgeting standards could impact that way schools plan their fiscal
year. Unpack the fundamentals of the new standards as well as everything you
need to succeed at zero-based budgeting and avoid approaching a fiscal
cliff.
Pete Basile, CPA – Chief Financial Officer, Lake
Shore Public Schools, Saint Clair Shores
Paul Soma – Director,
Raymond James Michigan Public Finance, Traverse City
Guidance for subrecipient monitoring was updated in 2020, securing its position as a critical requirement to ensure pass-through entities (PTE) remain compliant with certain federal programs. Walk away from this session with a clear understanding of the difference between sub-awards and contracts, PTE responsibilities, the role sub-award agreements play in sub-recipient compliance and more.
Paul H. Calabrese – Principal, Outsourced Accounting & Advisory Services, GRF CPAs & Advisors, Washington, DC
03:10 PM - 04:00 PM
Model Accounting: Compensated Absences
(Both)
New guidance published by the Governmental Accounting Standards Board
(GASB) in June 2022 included a unified model when accounting for Compensated
Absences and eased the burden of disclosure. We breakdown the GASB guidance,
including how to adhere to its model, how disclosures are impacted and why
government institutions should begin adoption sooner than later.
Daniel Beard, CPA – Manager, Yeo & Yeo, Ann Arbor
Michael L. Rolka, CPA, CGFM – Senior Manager, Yeo & Yeo
CPAs and Advisors, Auburn Hills
The American Rescue Plan Act (ARPA) of 2021 assigned $350 billion of funds to state and local governments. Review best practices for reporting and auditing funds associated with both the Provider Relief Fund and ARPA, as well as how to avoid common auditing traps. Plus, take note of the necessary related disclosures.
Joe Donovan – Assurance Senior Manager, Plante Moran, Grand Rapids
Steven Pochini – Assurance Manager, Plante Moran, Ann Arbor
04:10 PM - 05:00 PM
The Michigan Office of Health and Nutrition Services oversees the various child and adult care food programs within the state. From balancing health to balances in excess funds, prepare for an update on departmental activities. Plus, gain insight into the latest resource management reviews and administrative review findings.
Tanea Curtis Brooks – Financial Analyst, Michigan Department of Education, Lansing
Dawn Madison – Department Analyst, School Nutrition Programs, Michigan Department of Education, Lansing
Brenda Sweatman – Financial Analyst, Michigan Department of Education, Lansing
Pandemic Accounting: Revenue Recognition
(Reporting and Auditing) (Both)
The American Rescue Plan Act (ARPA)
of 2021 assigned $350 billion of funds to state and local governments. Review
best practices for reporting and auditing funds associated with both the
Provider Relief Fund and ARPA, as well as how to avoid common auditing traps.
Plus, take note of the necessary related disclosures.
Joe
Donovan – Assurance Senior Manager, Plante Moran, Grand
Rapids
Steven Pochini – Assurance Manager, Plante Moran, Ann
Arbor
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