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2020 GAQC Annual Update Webcast

2020 GAQC Annual Update Webcast

**This webcast is intended for GAQC members ONLY.** This annual required GAQC Webcast will provide important updates and review matters that will have an effect on your 2019 audit engagements.

Do you have an AICPA membership? Log in to apply your member discount.



NASBA Field of Study

Auditing (Governmental)



CPE Credits



Mary Foelster, Heather Acker, Kimberly McCormick, Troy Rector


3 months

Product Number


 Business & partner 
Product Details

This webcast is intended for GAQC members ONLY

This annual required GAQC Webcast will provide important updates and review matters that will have an effect on your 2019 audit engagements.

Specifically, you will receive a high-level briefing on various technical matters, including:

  • The latest on single audits and related regulatory matters, including the status of the 2019 Office of Management and Budget (OMB) Compliance Supplement
  • A summary of the various accounting and auditing standard-setter’s activities, including the latest revisions to Government Auditing Standards
  • Auditing guidance relating to "other compliance audits," such as those required by the U.S. Department of Housing and Urban Development and U.S. Department of Education
  • The current status of initiatives to enhance governmental audit quality
  • Resources and tools available from the GAQC and AICPA.

Government Audit Quality Center (GAQC) members save an additional 20%

Find out more information on the GAQC Website.

Who Will Benefit
  • Governmental Audit Quality Center members
Key Topics
  • Auditing and accounting standards
  • Tools available from GAQC and the AICPA
Learning Outcomes
  • Recall the auditing and accounting standards.
  • Recognize common quality issues that are being found in peer reviews and ethics referrals.
  • Apply auditing guidance updates for other compliance audits.
  • Recognize related resources and tools available from the GAQC and the AICPA.
More Details
NASBA Field of Study
Auditing (Governmental)
Knowledge of governmental auditing
This is a digital product. With full paid access the content will be available to you for 3 months after purchase date.
2 hrs
Do you have an AICPA membership? Log in to apply your member discount.

Group ordering for your team

2 to 5 registrants

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6+ registrants

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Contact us
Mary Foelster
Mary Foelster is a Senior Director at the American Institute of Certified Public Accountants in Washington, DC, where her primary responsibility is to address governmental auditing and accounting matters, including compliance audits. Mary oversees the AICPA’s Governmental Audit Quality Center and its Executive Committee and is actively involved in the AICPA’s efforts to enhance the quality of single audits and other types of governmental audits. Mary also directs the AICPA’s governmental accounting efforts, including the activities of the AICPA State and Local Government Expert Panel, related interactions with the Governmental Accounting Standards Board, and commenting on GASB due process documents. Mary is also responsible for monitoring and analyzing federal regulatory and legislative developments affecting auditing or accounting in a governmental or compliance audit environment. Mary and her team help members understand the implications of standards and regulation on governmental audits. This includes significant involvement with the development, issuance, and annual update process for the Audit and Accounting Guide, Audits of State and Local Governments, and the AICPA Audit Guide, Government Auditing Standards and Single Audits. Mary has been with the AICPA for over 25 years. She is a graduate of the University of Maryland and is a certified public accountant.
Heather Acker
Heather Acker leads Baker Tilly’s firmwide risk advisory practice. With more than 20 years of experience, her responsibilities include oversight of 300 professionals who specialize in helping clients to address governance, risk and compliance issues in areas such as internal audit, enterprise risk management (ERM), regulatory compliance and management of financial and operational risks. Prior to this role, Heather oversaw all aspects of quality for Baker Tilly’s public sector industry practice, specializing in serving the needs of state and local government clients. She also served as Baker Tilly’s Central region Assurance Professional Practice Group leader and chair of the firm’s Assurance Innovation Committee. She has been deeply involved in professional industry associations, including AICPA committees, throughout her career. Heather serves on Baker Tilly’s Board of Partners.
Kimberly McCormick
Kimberly McCormick, CPA, is a partner with Grant Thornton, LLP in the San Francisco Bay Area. She has over 27 years of experience working with all types of not-for-profit organizations and governments and currently serves as an audit partner for several colleges and universities, religious organizations, museums, foundations, social service organizations and many organizations subject to OMB Circular A-133. Kim previously served on the Executive Committee of the AICPA's Governmental Audit Quality Center, currently serves on the planning committee for the AICPA's National Governmental Accounting and Auditing Update conference and is the co-chair of the California Society NPO Conference. She serves on the audit committee of Northern California Grantmakers and is a member of the AICPA and CalCPA.
Troy Rector
Troy Rector is a principal in the Not For Profit and Governmental Services Group at Clark Nuber and has spent his career serving Not-For-Profit and Governmental organizations. He specializes in performing audits of social service, healthcare, low income housing and other organizations receiving federal assistance. He serves on the firm's Technical Issues Committee and leads the firm's internal and external federal grant compliance training and consulting. Troy serves on the WSCPA Not-For-Profit Conference Planning Committee and is the treasurer of a local not-for profit organization. Troy holds a bachelor's degree in business administration-accounting concentration from Indiana University.

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2020 GAQC Annual Update Webcast
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