GAQC member only events are held periodically, at no cost to members, and feature topics to assist you in ensuring governmental audit quality. Registration and information on upcoming events are announced via
GAQC Alerts. Click on the below State and Local Government Accounting Standards subject areas to access the latest archived Web events:
GASB's New and Upcoming Standards
The purpose of this archived GAQC Web event is to provide participants with what you need to know about recently issued or newly effective GASB standards and pronouncements for your upcoming engagements. This Web event featured staff from the GASB and a practitioner with first-hand experience auditing local and state governments.
State and Local Government Financial Statement Audits: A 2011 Audit Issues Rundown
This archived Web event will provide insight from two audit practitioners who have been extensively involved with the activities of the AICPA State and Local Government Expert Panel. Topics discussed include the continuing effect of the current economy on audit procedures and risk assessments, challenges with newer auditing standards, among others.
New GASB Fund Balance Standard: Now is the Time to Begin Talking to Your Clients
This archived event covers GASB Statement No. 54, Fund Balance Reporting and Governmental Fund Type Definitions and discusses issues that auditors and their clients should be thinking about to prepare for the transition in reporting.
Live Forum on 403(b) Plan Audits Sponsored by the AICPA Employee Benefit Plan Audit Quality Center
This archived event was hosted by the AICPA Employee Benefit Plan Audit Quality Center and should be of primary interest to our GAQC members that audit charities and universities with ERISA-covered 403(b) plans. The event is intended to help you understand the new U.S. Department of Labor regulations which, beginning with the 2009 plan year (2010 Form 5500 filings), subject ERISA-covered 403(b) retirement plans to the same reporting and audit requirements that exist for 401(k) plans.
OPEB Financial Reporting for Plans and Employers and Related Audit Issues
The Governmental Accounting Standards Board (GASB) standards on Other Postemployment Benefits (OPEB) have certainly caught the attention of governmental entities and the public. The purpose of this event is to help ensure that members are up-to-speed on the GASB OPEB requirements and several related audit issues.
Tax-Exempt Bonds - Accounting and Auditing Considerations in the Current Environment
This event is based on an article titled, Tax-Exempt Bonds – Accounting and Auditing Considerations in the Current Environment, and will focus audit issues for debt that is referred to as (1) auction rate securities (ARSs) and (2) variable rate demand obligations (VRDOs).
Implementing the Risk Assessment Standards in a State or Local Government Financial Statement Audit
The purpose of this event is to provide you with more industry-specific guidance on implementing the risk assessment standards and includes a review of the overall objectives of the new standards, focusing on what is actually changing as opposed to what is simply being "re-explained."
Impact of SAS 112 on Governmental Financial Audits
If you are concerned about how the requirements of the Statement on Auditing Standards (SAS) No. 112, Communicating Internal Control Related Matters Identified in an Audit will affect your governmental financial audits, then you should listen to this GAQC sponsored event. The speaker provided key information on understanding the provisions of this new standard and answered many questions from members.
We welcome your feedback and suggestions for future conference call topics, please send them via
e-mail.