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2021 Annual Required GAQC Webcast

Webcast

2021 Annual Required GAQC Webcast

This year's webcast will provide members with a summary of the key issues that should be considered by audit teams as part of planning for the 2021 audit season. This webcast is for GAQC members only.

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

Format

Webcast

NASBA Field of Study

Auditing (Governmental)

Level

Intermediate

CPE Credits

Author(s)

Mary Foelster, Kimberly McCormick

Availability

3 months

Product Number

WC3197474I

View

Business & partner

Product Details

This year's webcast will provide members with a summary of the key issues that should be considered by audit teams as part of planning for the 2021 audit season.

Topics covered include:

The latest on single audits and related regulatory matters, including the 2021 OMB Compliance Supplement
A summary of various accounting and auditing standard-setters' activities
"Other compliance audits" such as those required by Education and the U.S. Department of Housing and Urban Development
The status of initiatives to enhance governmental audit quality
Available resources and tools

Who Will Benefit

Partners and staff performing governmental audit engagements

Key Topics

Single audit
2021 OMB Compliance Supplement
GASB & FASB Standards

Learning Outcomes

Identify the latest single audit related regulatory matters, including the 2021 OMB Compliance Supplement
Analyze the activities of various accounting and auditing standard-setters
Apply "Other compliance audits" requirements appropriately
Recognize the latest initiatives to enhance governmental audit quality

More Details

NASBA Field of Study

Auditing (Governmental)

Level

Intermediate

Prerequisites

Experience and knowledge of single audits and other governmental audits

Access

This is a digital product. With full paid access the content will be available to you for 3 months after purchase date.

Duration

2 hrs

Pricing

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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Start order

6+ registrants

We can help with group discounts. Call us at 1-800-634-6780 (option 1) or email us at salessupport@aicpa.org

Speakers

Mary Foelster

CPA

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.

Kimberly McCormick

CPA

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.

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2021 Annual Required GAQC Webcast

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