What's Changing in A&A for Governmental Entities (2024)
4.00 Credits
Member Price $149
Non-Member Price $169
Overview
We kick off this course with a look at the GASB standards that are effective this year including GASB 100, Accounting Changes and Error Corrections and GASB 101, Compensated Absences. We will then switch to the audit side of the house to examine the impact of the 2024 Compliance Supplement on Single Audits and the changes to the Uniform Guidance. We close with a look at common deficiencies found in Single Audits. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Highlights
The major topics that will be covered in this course include:
- A look at the GASB standards that are effective this year
- GASB 100, Accounting Changes and Error Corrections
- GASB 101, Compensated Absences
- The impact of the 2024 Compliance Supplement on Single Audits
- Changes to the Uniform Guidance.
- Common deficiencies found in Single Audits.
Prerequisites
Prior experience with governmental financial reporting and auditing
Designed For
Practitioners and members in industry responsible for accounting and financial reporting for governmental entities.
Objectives
After attending this presentation, you will be able to...
- Recall the impact of GASB 100 and 101 on financial reporting for governments
- Recall the impact of standards effective in 2024
- Identify changes to single audits as a result of the 2024 Compliance Supplement
- Recall common deficiencies found related to Single Audits
- Recognize changes to the Uniform Guidance
Preparation
None
Leader(s):
Leader Bios
Melisa Galasso, Galasso Learning Solutions
Melisa Galasso, CPA 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 Speaking Professional (CSP), 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) and AICPA Council. She previously served on the AICPA’s Technical Issues Committee (TIC), the VSCPA’s Board of Directors and is a past-Chair of the NCACPA’s A&A committee. Melisa also authors the Money Matters for Nonprofits and serves as a SME for the Center for Plain English Accounting.
Non-Member Price $169
Member Price $149