Governmental Accounting & Auditing Virtual Conference 2020 WEBCAST

Wednesday, April 29 8:00am - Thursday, April 30 5:00pm

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SeaTac

16 Credits

Member Price $853.00

Non-Member Price $953.00

Overview

 

Explore a whole new depth into Governmental Accounting and Auditing. Find out what's new and upcoming from GASB’s very own David Bean. Dive deeper to learn about the latest issues and trends arising in the accountancy profession. Survey the risks and governance issues involved with robotic process automation. Journey with the Office of the Washington State Auditor to discover how they navigate data from audits with storytelling.
 
Attend this treasured conference designed by CPAs working in government.
Reserve your spot today!
GAAC, discover a whole new depth!

Highlights

GASB update, Yellow Book update, fraud

Prerequisites

Basic understanding of governmental accounting and auditing

Designed For

CPAs and other financial professionals with a focus on governmental accounting and/or auditing

Objectives

To provide attendees with up-to-date insights and understanding on new developments in a variety of essential topics related to governmental accounting and auditing.

Preparation

none

Notice

MATERIALS:

 

An electronic PDF manual is included in the cast of your registration and will be available for download 3 business days prior to the conference.
 

SPONSORSHIP OPPORTUNITIES:

Are you interested in sponsoring this conference? Contact Roo Mulligan, rmulligan@wscpa.org for more information.

Wednesday, April 29

General Session

7:00am - 7:50am Registration, Continental Breakfast & Distribution of Materials

This session is available for registrants and their guests

General Session

7:50am - 8:00am Announcements and Welcome

This session is available for registrants and their guests

General Session

8:00am - 9:30am Bringing the Dive Plan into Focus: David Bean's GASB Update (Part 1)

This session is available for registrants and their guests

The world of governmental financial reporting is ever changing. Hear the latest on implementation issues associated with new GASB standards, including leases, and comprehensive projects on the GASB’s technical agenda.

General Session

9:30am - 9:45am Break

This session is available for registrants and their guests

General Session

9:45am - 11:15am Bringing the Dive Plan into Focus: David Bean's GASB Update (Part 2)

This session is available for registrants and their guests

General Session

11:15am - 11:30am Break

This session is available for registrants and their guests

General Session

11:30am - 12:30pm Bringing the Dive Plan into Focus: David Bean's GASB Update (Part 3)

This session is available for registrants and their guests

General Session

12:30pm - 1:30pm Lunch

This session is available for registrants and their guests

General Session

1:30pm - 2:30pm How to Build a Data Sandcastle: Telling a Story with Data

This session is available for registrants and their guests

Data is everywhere, but it’s how we present that data that make it so valuable. Data storytelling helps connect the dots. The Office of the Washington State Auditor uses charts, graphs, maps, and dashboards to make the results from their audits understandable and dynamic. During this session, you’ll learn about: (1) how the Office of the Washington State Auditor uses data to tell stories, (2) ways to effectively communicate with data by choosing the right chart, and (3) how to drive effective decision making.

General Session

2:30pm - 2:45pm Break

This session is available for registrants and their guests

General Session

2:45pm - 3:45pm Professional Trends Update: CPA Evolution

This session is available for registrants and their guests

There are changes on the horizon related to what it means to become a CPA. During this session, Laurie Tish, CPA, chair of the board of directors of the National Association of State Boards of Accountancy and a leader of the national CPA Evolution Initiative, will share information on the latest issues and trends occurring in the accountancy profession, including regulatory matters and the proposed changes related to entry into the profession, known as CPA Evolution

General Session

3:45pm - 4:00pm Break

This session is available for registrants and their guests

General Session

4:00pm - 4:50pm Escape the Rip Current: Using Data Analytics in Fraud Prevention & Detection

This session is available for registrants and their guests

Fraud comes in all shapes and sizes, so you need tools in all shapes and sizes to help detect it. A new tool to add to the tool belt is data analytics—a relatively new field you can use to help detect and deter fraud by analyzing data to find patterns and anomalies that could indicate something is amiss.

General Session

4:50pm - 5:00pm Adjourn

This session is available for registrants and their guests

Thursday, April 30

General Session

7:00am - 7:50am Registration, Continental Breakfast & Distribution of Materials

This session is available for registrants and their guests

General Session

7:50am - 8:00am Announcements

This session is available for registrants and their guests

General Session

8:00am - 9:00am Yellow Book Update

This session is available for registrants and their guests

General Session

9:00am - 9:10am Break

This session is available for registrants and their guests

General Session

9:10am - 10:25am The Evolving World of Compliance: What's Coming in on the Tide for Single Audits

This session is available for registrants and their guests

We are in the midst of another evolution in the world of Single Audits with the release of the 2019 Compliance Supplement and a new data collection form. During this session, explore significant changes that were made to the compliance supplement which will affect Single Audits, find out about potential changes in the 2020 Compliance Supplement, and review additional information that is included in the data collection form. Plus, take a look at the current Single Audit environment and ongoing challenges in maintaining compliance in an evolving world. After this session you will be able to evaluate the changes to compliance requirements and the impact to Single Audits, explain the additional information required in the data collection form, and identify opportunities for continued improvement in grant compliance.

General Session

10:25am - 10:35am Break

This session is available for registrants and their guests

General Session

10:35am - 11:50am Buoyancy Check: Enterprise Resource Planning (ERP) – Market Update and Planning Framework

This session is available for registrants and their guests

Get ready to take a dip into the business of ERP systems. We’ll take a look at the current marketplace, and reveal how to extract value out of your technology, when to change systems, and how to go about the process.  At the heart of the session, dive into a planning framework and step-by-step process to acquire technology and convert from one architecture to another.  Helpful recommendations and tips will wrap up this practical session.

General Session

11:50am - 12:40pm Lunch

This session is available for registrants and their guests

General Session

12:40pm - 1:55pm Put On Your Auditor Wet Suit: Controls and Red Flags for Bots in the Finance Function

This session is available for registrants and their guests

CFO offices at all levels of government are adopting robotic process automation for routine high-volume, repetitive tasks, such as account reconciliation, transaction processing and financial reporting, with more cognitive solutions on the drawing board. We’ll explore risk and governance issues, and pose a series of questions that are critical for consideration by governmental CFO offices, from the eyes of an auditor.

General Session

1:55pm - 2:05pm Break

This session is available for registrants and their guests

General Session

2:05pm - 3:05pm Securing Your Bowline: The Importance of Professional Skepticism in Auditing (Part 1)

This session is available for registrants and their guests

Why is professional skepticism so important to auditors? Let’s dive into the importance of using your skepticism everyday as we approach our audits. Follow along as we reveal the steps one auditor took to uncover a $6.9 million misappropriations in Washington State.

General Session

3:05pm - 3:15pm Break

This session is available for registrants and their guests

General Session

3:15pm - 4:15pm Securing Your Bowline: The Importance of Professional Skepticism in Auditing (Part 2)

This session is available for registrants and their guests

General Session

4:15pm - 5:00pm Adjourn

This session is available for registrants and their guests

Non-Member Price $953.00

Member Price $853.00