Description
Understand the latest on governmental accounting and auditing with this fastpaced interactive course that analyzes the GASB requirements for governments and provides an understanding of OMB and Yellow Book requirements. Learn about important updates to auditing standards and best practices including recent GASB updates, the latest SAS requirements, changes to requirements for auditing federal funds, and ethics updates affecting government and not-for-profits.
- Qualifies for Yellow Book CPE
- New guidance is expected to be issued in the first half of 2024 which will have a pretty large impact on this course - that is why we moved it from June to September - to ensure you have access to the most up-to-date information possible.
Designed For
Objectives
- When you complete this course you will be able to:
- Identify the effect of GASB statements on accounting and financial reporting for state and local governments.
- Identify the requirements of recently issued Statements on Auditing Standards (SASs).
- Identify changes to the AICPA Code of Professional Conduct that affect governments and NFPs.
- Recall Yellow Book requirements related to independence, management's responsibilities, and reporting.
- Recognize resources and considerations for conducting a single audit.
- Identify internal control considerations in a single audit.
Highlights
- GASB updates
- Updated Statements on Auditing Standards (SASs)
- Yellow Book & OMB updates affecting single audits
- Ethics updates for governments and not-for-profit entities
- ALL NEW GUIDANCE ISSUED IN FIRST HALF OF 2024
Advanced Prep
- Manual
- If you did not purchase a printed manual, download it from your upcoming events in "My CPE" on website, and bring it with you
- If you did purchase a printed manual and would also like an electronic copy be sure to download it
- Review ISCPA Parking Map - found in your email confirmation
Register Now
Leaders
Michele Kemp
ACAS, LLC was established and is solely owned by Michele Kemp, CPA in 2011 to operate a Certified Public Accounting Firm located in Little Rock, Arkansas. She began her public accounting career at BKD, LLP, the 11th largest CPA firm in the country where she left as a Manager to start her own firm. Prior to establishing the Limited Liability Company, Michele provided services as a sole proprietor for five years. She worked to grow her practice, and now has a team with over 25 years of combined experience in the accounting, tax and consulting industry. The firm's commitment to quality work and personal service sets us apart from other accounting firms. Our certified public accountants have the experience and expertise to help our clients achieve success. Additionally, our entire professional team attends on-going training to keep up-to-date on issues affecting our clients. Michele is owner and Managing Member with more than 15 years of experience providing a variety of services to include assurance, tax, training and business consulting. Michele specializes in governmental and not-for-profit organizations. Michele received a Bachelor of Science in Accounting and a Bachelor of Science in Economics and Finance from Arkansas Tech University. She also graduated with a Masters of Accountancy from the University of Central Arkansas. Michele is a member of the American Institute of Certified Public Accountants. She is also a member and instructor for the Arkansas Society of Certified Public Accountants. Michele is also a licensed certified public accountant in Texas where she is a member of the Texas State Society of Certified Public Accountants.