What's Changing in A&A for Governmental Entities
Total Credits: 4 including 2 Accounting (Governmental) - Technical, 2 Auditing (Governmental) - Technical
- Average Rating:
- 83
- Categories:
- Accounting and Auditing | Yellow Book | ACPEN Industry Institute
- Faculty:
- Melisa F. Galasso
- Course Levels:
- Update
- Duration:
- 4 Hours
- License:
Description
Governmental accounting and auditing has many unique requirements. In this course, we will start off with a look at the recent changes in accounting as GASB has been very busy issuing standards impacting state and local governments. We will take a deeper dive into GASB 87, Leases by reviewing the impact for both lessees and lessors. We will also cover other standards effective this year impacting state and local governments including the recently renamed annual comprehensive financial report and reference rate reform. As we turn our attention to the auditing side of the house, we will look at the 2021 Technical Update and review the 2018 Yellow Book independence requirements. The course closes with a look at the Uniform Guidance including changes in the new compliance supplement as well as the impact of ARPA
Basic Course Information
Learning Objectives- Recall changes to lease accounting
- Identify GASB standards effective this year
- Describe independence rules under Yellow Book
- Describe the impact of COVID19 on Single Audits
Major Subjects
- Leases
- 2018 Yellow Book
- Uniform Guidance
Course Materials
| Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (442.7 KB) | Available after Purchase | ||
| What's Changing in A&A for Governmental Entities Handout (2.7 MB) | Available after Purchase | ||
Faculty
Melisa F. Galasso Related Seminars and Products
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 acconting 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.
Additional Info
Basic Course Information
PrerequisitesPrior experience with accounting or auditing of governmental entities
Advanced Preparation
None
Designed For
Ideal for practitioners and members in industry responsible for accounting and financial reporting for governmental entities
Original Recording Date
5/1/22
Course Developer
Galasso Learning Solutions LLC
Date Added to Catalog
2/6/22
Additional Information
Complaint Resolution PolicyPlease contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method
Group Internet Based
Course Registration Requirements
Online Registration
Refund/Cancellation Policy
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.
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