Full Disclosure: GASB 103 & 104
GASB Statements No. 103 and 104 both took effect in 2025, with No. 103 focused on financial reporting model enhancements while No. 104 addresses specific capital asset disclosures. Review the key components of each pronouncement and determine how to ensure the intent of the standards to improve information and accountability among government entities is met.
David Bean – CEO and Former GASB Director, Governmental Accounting Research, LLC, Springfield, IL

Budgeting & Reporting Panel: From Planning to Fiscal Oversight
Examine the full budget lifecycle, from establishing the purpose of a budget beyond simple resource allocation to building a practical starting point and timeline. Evaluate common challenges, including state funding constraints, rising healthcare costs, competing priorities, and the dynamics between hired and elected officials. Apply strategies for stakeholder engagement, budget implementation, monitoring, and amendments, and identify best practices for assessing and maintaining fiscal health throughout the year.
Christina E. Lavielle – Assurance Supervisor, Yeo & Yeo, Troy
Chrystal Simpson, CPA – Chief Financial Officer, Genesee County, Flint
Rod Taylor – Senior Governmental Consultant, Maner Costerisan, P.C., Lansing
Moderator: Piero A. Basile, CPA – Chief Financial Officer, Lake Shore Public Schools, Saint Clair Shores

In the Aftermath of QMS
New quality management standards (QMS) issued by the AICPA became effective on Dec. 15, 2025, requiring firms to adopt customized quality management systems. Explore key considerations for firms in a post-implementation landscape, including annual requirements, emerging issues and best practices.
Peggy Jury, CPA, CGMA – Peer Review CPA on Staff, MICPA, Troy
Duane Reyhl, CPA, CGMA – Audit and Accounting Partner, AHP, Midland

State of Michigan Treasury Update
Examine key updates from the State of Michigan’s Department of Treasury, including system changes and other timely issues affecting local governments. Explore financial best practices, tools, and available resources to strengthen fiscal management and practical strategies for preparing for revenue declines and economic downturns.
Cary Jay Vaughn, CPA, CGFM – Administrator, State of Michigan Department of Treasury, Lansing
Nicholas Brousseau – Manager, State of Michigan Department of Treasury, Lansing

Ethical Considerations In Effective Engagement Letters
Engagement letters are more than risk management tools—they document the ethical foundation of the CPA–client relationship. Examines how engagement letters support compliance with the AICPA Code of Professional Conduct, including conflict of interest disclosures, confidentiality requirements, communication with predecessor auditors, and transparency in scope and responsibilities. Evaluate how clear documentation and thoughtful engagement terms reinforce integrity, objectivity, and professional judgment in practice.
Raymond T. Rowe, CPA, JD – Attorney, Raymond T. Rowe PC, Troy

Child Nutrition Programs: Updates and Audit Readiness
Review recent updates affecting Child Nutrition Programs and examine how they impact program administration and reporting. Prepare for compliance reviews by focusing on key audit requirements and common findings identified during this year’s audits.
Emily Mattern, MA, RDN, SNS – School District Consultant, State of Michigan Department of Education, Lansing
Taneá Curtis – Financial Analyst, State of Michigan Department of Education, Lansing
Michelle Needham – Financial Analyst, State of Michigan Department of Education, Lansing

Hot Topics – Single Audit Panel 
Review key single audit trends including subrecipient versus contractor determinations, ALN communication, and procurement documentation. The discussion will also cover compliance-related areas like suspension and debarment, record retention, and point-in-time reporting before examining SEFA reporting on an accrual basis with practical application insights.
Kevin Hunt, CPA – Senior Manager, AHP, Saginaw
Dan Merritt, CPA, MBA, CGFM – Principal, Rehmann, Detroit
Joseph M. Verlin, CPA, CGFM – Principal in Charge of Audit Services, Gabridge & Company PLC, Grand Rapids
Moderator: Jessie Klisz, CPA – Assurance Manager, Plante Moran, Grand Rapids

Accounting for, and Auditing, Common Government Investments 
Managing public funds often includes making certain investments, and current standards require clear disclosures, fair value adjustments and other specific accounting and auditing requirements. Review how current standards apply to various government investments, including digital assets for all entities.
Kellen Riker, CPA – Manager, Yeo & Yeo, Flint

Hot Topics – Single Audit Panel 
Review key single audit trends including subrecipient versus contractor determinations, ALN communication, and procurement documentation. The discussion will also cover compliance-related areas like suspension and debarment, record retention, and point-in-time reporting before examining SEFA reporting on an accrual basis with practical application insights.
Kevin Hunt, CPA – Senior Manager, AHP, Saginaw
Dan Merritt, CPA, MBA, CGFM – Principal, Rehmann, Detroit
Joseph M. Verlin, CPA, CGFM – Principal in Charge of Audit Services, Gabridge & Company PLC, Grand Rapids
Moderator: Jessie Klisz, CPA – Assurance Manager, Plante Moran, Grand Rapids