2013 AICPA Guides for State and Local Governments, Not-for-Profits, and Yellow Book/Circular A-133 Audits: What to Expect for Clarity, Auditor Report Changes, and More – Member Web Event

This Governmental Audit Quality Center archived Web event is intended to provide members with insight on what to expect in the 2013 editions of several key AICPA publications which include: 1) AICPA Audit Guide, Government Auditing Standards and Circular A-133 Audits (GAS/A-133 Guide); (2) AICPA Audit and Accounting Guide,  Not-for-Profit Entities (NFP Guide); and (3) AICPA Audit and Accounting Guide,  State and Local Governments (SLG Guide).

About the Event

There are a lot of factors affecting the 2013 editions of the various Guides listed above.  The areas that will cause the most significant changes from an auditing perspective include the recently effective AICPA clarified auditing standards and the 2011 edition of Government Auditing Standards.  For example, GAQC members received an early glimpse of some of the revised content in the recently released auditor report illustrations that will ultimately be included in the guides upon their issuance.  This event will delve into more detail on the changes made in those reports which we know is of great interest to many members.  In addition, changes are also being made to the guides to address new accounting requirements. 
Participants in this archived Web event will hear from presenters that are currently involved in the development of the Guides.   Specifically, the following topics will be addressed:

  • The areas of the Guides most directly affected by the new clarity auditing standards, including implementation of the new Group Audit standard;
  • How and where the 2011 edition of Government Auditing Standards is being addressed;
  • The rationale behind some of the changes made in the recently released illustrative auditor’s reports;
  • A high-level summary of the soon-to-be issued overhaul of the NFP Guide and information about a separate upcoming AICPA Web event that will delve into the overhaul changes in more detail;
  • When the Guides are expected to be released; and
  • Participant questions!

About the Presenters

Erica Forhan, CPA, is a Partner with Moss Adams LLP with over 20 years of public accounting experience. She is a member of the firm’s Professional Practice Group, where she is involved with developing and monitoring the assurance practice. She provides technical consultations to practice office personnel for complex audit and accounting matters and is the liaison to the firm’s healthcare, not-for-profit and government industry groups. Erica is a current member of the GAQC Executive Committee and served on the GAQC Task Forces on Sampling Issues in a Single Audit Environment and the GAS/A-133 Audit Guide.

Joe Heffernan, CPA, is a Partner with Plante & Moran PLLC and has 33-years of experience working with state and local units of government, ranging in size from moderate-sized townships to the State of Michigan and in complexity from libraries to public universities with associated medical campuses. Joe has oversight for the professional standards of his firm’s public sector practice. He is a past member of the AICPA State & Local Government Expert Panel (SLGEP) and a current member of the GAQC Executive Committee and Technical Standards Subcommittee of the Professional Ethics Executive Committee.

Susan C. Stewart, CPA, is a Director in the Eastern Regional Professional Practice Office of McGladrey LLP based in Richmond, Virginia.  With over 35 years of experience, her responsibilities include consulting with the engagement teams of NFP entities and employee benefit plan audit on accounting and auditing issues, and reviewing certain engagements that are complex or high risk. She also assists with the audit activities of large NFP clients on the East Coast and is an internal firm instructor. Susan currently serves on the AICPA’s NFP Expert Panel and the NFP Audit Guide Task Force.


Mary Foelster, CPA, is a Director at the AICPA where her primary responsibility is to address governmental auditing and accounting matters. She oversees the activities of the GAQC and staffs both the GAQC Executive Committee and the State and Local Government Expert Panel. In addition to managing the activities of the Center and various technical projects, Mary is also responsible for monitoring and analyzing federal regulatory and legislative developments affecting auditing or accounting in governmental environment. 

Archived Web Event Listening Instructions

You should print out and have available, 2013 AICPA Guides for State and Local Governments, Not-for-Profits, and Yellow Book/Circular A-133 Audits: What to Expect for Clarity, Auditor Report Changes, and More – Member Web Event Slides (PDF or PowerPoint).   

Thank you for your interest in this GAQC Event.

Click on the below link, to listen to the archived Web event. There is no continuing professional education available when listening to an archived event.