2024 Annual Update for Governmental Accountants and Auditors
Online
8.00 Credits
Member Price $239.00
Non-Member Price $364.00
Overview
This course begins with a look at the GASB standards effective this year, including GASB 100, Accounting Changes and Error Corrections and GASB 101, Compensated Absences. We’ll include practical application of the topics in the form of case studies. We’ll then switch gears to review the GASB standards coming down the pike, including major projects of the GASB. When considering the audit side of the house, Yellow Book and Single Audit engagements are considered must-select engagements for Peer Review. This course will cover the Yellow Book independence requirements which are required any time an auditor performs a Yellow Book or Single Audit even when the engagement is for a for-profit entity. The session will also cover the changes to the Uniform Guidance. We’ll close with a look at the key changes in the 2024 Compliance Supplement and the common deficiencies identified by the federal agencies and peer reviewers. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Objectives
After attending this presentation, you will be able to...
- Recall the impact of recent GASB standards on financial reporting.
- Identify independence requirements of Yellow Book.
- Identify changes in the 2024 Compliance Supplement.
- Recognize changes to the Uniform Guidance.
Highlights
The major topics that will be covered in this course include:
- GASB 100, Accounting Changes and Error Corrections.
- GASB 101, Compensated Absences.
- Yellow Book and Single Audit engagements.
- Yellow Book independence requirements.
- Changes to the Uniform Guidance.
- 2024 Compliance Supplement and the common deficiencies identified by the federal agencies and peer reviewers.
Designed For
Practitioners with governmental clients and those working for governmental entities.
Prerequisites
Prior experience with GAGAS, Uniform Guidance and governmental accounting
Preparation
None
Notice
You will receive an email from CPA Crossings via Webex with instructions to access the webinar.
Leader(s):
Leader Bios
Melisa Galasso, Founder and CEO, Galasso Learning Solutions LLC
Melisa Galasso is the founder and CEO of Galasso Learning Solutions LLC. A CPA with nearly 20 years of experience in the accounting profession, Melisa designs and facilitates courses in advanced technical accounting and auditing topics, including not-for-profit and governmental accounting. She also supports essential professional development, audit level training, and train the trainer efforts. Melisa is a Certified Professional in Talent Development (CPTD) and has earned the Association for Talent Development Master Trainer™ designation. Her passion for instructional design and adult learning techniques is one of the differentiators that set her apart from other CPE providers. Within the industry, Melisa serves on the FASB’s Not-for-Profit Advisory Committee (NAC), AICPA Council, and the VSCPA’s Board of Directors. She previously served on the AICPA’s Technical Issues Committee (TIC) and is a past-Chair of the NCACPA’s A&A committee. Melisa also authors the AICPA’s State and Local Government Guide and serves as a SME for the Center for Plain English Accounting.
Non-Member Price $364.00
Member Price $239.00