AICPA Governmental Accounting and Auditing Update Conference Examines Key Changes to Updated Financial Audit Manual and How to Mitigate Risk of Cybersecurity Threats

August 6, 2018

  • Governor of Colorado Discusses Economic Development Tactics
  • Cybersecurity Threats and Risk Mitigation for Governmental Entities and Their Auditors
  • Financial Audit Manual Update
  • Implementation Issues for Other Postemployment Benefits Under GASB Statement 75
  • Single Audit Act Developments and Outlook
  • GAO, OMB, GASB, FASAB and AICPA Auditing Standards Board Updates


You are invited to cover…

WHAT: 2018 AICPA Governmental Accounting & Auditing Update Conference

WHEN: Monday, August 13 – Tuesday, August 14, 2018

(Post-Conference Workshop, Wednesday, August 15, 2018)

WHERE: The Washington Hilton, 1919 Connecticut Avenue, N.W., Washington, D.C.

Reporters are also invited to cover any of the conference sessions in real time via the Internet.

WHO:

John Hickenlooper, Governor, State of Colorado, Denver, Colo.
Gene Dodaro, Comptroller General, U.S. Government Accountability Office (GAO), Washington, D.C.
James R. Dalkin, Director, Financial Management and Assurance Team, GAO, Washington, D.C.
David Bean
, Director of Research and Technical Activities, Governmental Accounting Standards Board (GASB), Norwalk, Conn.
Ross Simms, Assistant Director, Federal Accounting Standards Advisory Board (FASAB), Washington, D.C.
Monica Valentine, Assistant Director, FASAB, Washington, D.C.
Grace Wu, Assistant Director, FASAB, Washington, D.C.
Heather Pajak, Senior Policy Analyst, Office of Management and Budget (OMB), Washington, D.C.
Daniel Kaneshiro, Senior Policy Analyst, OMB, Washington, D.C.
Eric L. Hansen, Chair, American Institute of CPAs (AICPA), and Chief Operating Officer, BKD, LLP, Springfield, Mo.
Michael Santay, Chair, AICPA Auditing Standards Board and the Audit Issues Task Force, and Partner, Grant Thornton LLP Chicago, Ill.

                                   

CONFERENCE SCHEDULE

Monday, August 13, 2018

8:00am – 8:05am          Welcome and Introductions

8:05am – 8:55am          AICPA Professional Update, Eric L. Hansen, Chair, AICPA, and Chief Operating Officer, BKD, LLP, Springfield, Mo.

9:00am –9:50am           Trends and Challenges in Government Accountability, Gene Dodaro, Comptroller General, GAO, Washington, D.C.

9:55am – 10:45am        From Brewer to State CEO, John Hickenlooper, Governor, State of Colorado, Denver, Colo.

11:05am – 12:20pm      Concurrent Sessions:

  • Update of the GAO/CIGIE Financial Audit Manual, Anne Sit-Williams, Assistant Director, GAO, Washington, D.C.; Bobbie Jean Bartz, Assistant Director, Office of Inspector General, U.S.  Department of Justice, Washington, D.C.
  • Internal Controls in a Single Audit – What Could Go Wrong, Kimberly K. McCormick, Partner, Grant Thornton LLP, San Franciso, Calif.; Amanda Ward, Senior Audit Manager, Plante & Moran, PLLC, Southfield, Mich.
  • Single Audit Update, Mary Foelster, Senior Director, Governmental Accounting and Auditing, AICPA, Washington, D.C.; George Strudgeon, Audit Director, Virginia Auditor of Public Accounts, Richmond, Va.; Erica Forhan, Partner, Moss Adams LLP, Seattle, Wash.

12:20pm – 1:20pm       Lunch and Presentation of the Outstanding CPA in Government Award

1:20pm – 2:35pm         Concurrent Sessions

  • Federal Audit Executive Council (FAEC) IT Committee’s FISMA Update, Khalid Hasan, Senior IT Audit Manager, Federal Reserve Board, Washington, D.C.; Peter Sheridan, Assistant Inspector General, Federal Reserve Board, Washington, D.C.
  • Lightening Round of Recently Issued GASB Guidance, Melissa Galasso, Director, Audit Professional Practices, Cherry Bekaert LLP, Charlotte, N.C.; Frank Crawford, President, Crawford & Associates, P.C., Oklahoma City, Okla.; Anita Supinski, Principal, CliftonLarsonAllen, Brainerd, Minn.
  • OPEB – The Time Is Now!, Corey Arvizu, Partner, Heinfeld, Meech & Co., Tucson, Ariz.

2:55pm – 4:10pm         Concurrent Sessions

  • Unconscious Bias, Suri Surinder, CEO, CTR Factor, Tampa, Fla.
  • New Yellow Book, James R. Dalkin, Director, Financial Management and Assurance Team, GAO, Washington, D.C.; Amanda Nelson, Partner, KPMG, Washington, D.C.
  • Common Reporting Problems, Frank Crawford, President, Crawford & Associates, P.C., Oklahoma City, Okla.; Michele Levine, Director, Technical Services Center, Government Finance Officers Association, Chicago, Ill.

4:20pm – 5:35pm         Concurrent Sessions

  • OMB Update on Improper Payment Reporting and Enterprise Risk Management – Where Are We Now?, Heather Pajak, Senior Policy Analyst, OMB, Washington, D.C.; Daniel Kaneshiro, Senior Policy Analyst, OMB, Washington, D.C.
  • Do I Really Need to Put that in Writing?, Amanda Ward, Senior Audit Manager, Plante & Moran, PLLC, Detroit, Mich.; Jana L. Dean, Chief Financial Officer, MPHI, Okemos, Mich.
  • OPEB – The Time Is Now! (Repeat), Corey Arvizu, Partner, Heinfeld, Meech & Co., Tucson, Ariz.

 

Tuesday, August 14, 2018

7:00am – 7:50am          Concurrent Sessions

  • Why Performance Audits? Emily Hoffman, Director, Mercadien, P.C. Certified Public Accountants, Princeton, N.J.; Richard Hoyt, Senior Consultant, Mercadien, P.C. Certified Public Accountants, Hamilton Township, N.J.
  • Ethics – A New Standard, Nancy Miller, Director, KPMG, Washington, D.C.
  • The Social Trifecta: Owned, Earned and Paid, Elizabeth Rock, Associate Manager, AICPA, Durham, N.C.

8:00am – 8:10am          Morning Announcements and Introduction

8:10am – 9:25am          Cybersecurity: Governance, Threats and Risk Management, Steven Ursillo, Jr., Partner, Cherry Bekaert, LLP, West Warwick, R.I.

9:35am – 10:25am        Auditing Standards Update, James Dalkin, Director, Financial Management and Assurance Team, GAO, Washington, D.C.; Michael Santay, Chair, AICPA Auditing Standards Board and the Audit Issues Task Force, and Partner, Grant Thornton LLP, Chicago, Ill.

10:45am – Noon           Concurrent Sessions

  • Intersection of Data Analytics with Green Book and ERM Guidance (FRDA), Douglas Glenn, Deputy Chief Financial Officer and Director, Office of Financial Management, Washington, D.C.; James Dalkin, Director, Financial Management and Assurance Team, GAO, Washington, D.C.
  • Lightening Round of Recently Issued GASB Guidance, (Repeat) Melissa Galasso, Director, Audit Professional Practices, Cherry Bekaert LLP, Charlotte, N.C.; Frank Crawford, President, Crawford & Associates, P.C., Oklahoma City, Okla.; Anita Supinski, Principal, CliftonLarsonAllen, Brainerd, Minn.
  • GASB Update, David Bean, Director of Research and Technical Activities, GASB, Norwalk, Conn.

Noon – 1:00pm            Lunch (no speaker)

1:00pm – 2:15pm         Concurrent Sessions

  • FASAB Panel, Ross Simms, Assistant Director, FASAB, Washington, D.C., Monica Valentine, Assistant Director, FASAB, Washington, D.C.; Grace Wu, Assistant Director, FASAB, Washington, D.C.
  • Data Analytics, Kevin Smith, Managing Partner – Public Sector Services, Crowe Horwath LLP, Dallas, Texas
  • Tax Impact on Government, Eileen Sherr, Senior Manager, AICPA, Washington, D.C.; Cathie Stanton, Chair, AICPA State and Local Tax Technical Resource Panel, and Partner, National Leader – State and Local Tax, Cherry Bekaert LLP, Bethesda, Md.

2:35pm – 3:50pm         Concurrent Sessions

  • Using Information Technology to Maximize Efficiency in Management’s Assurance of Internal Controls, Susie Dossie, Assistant Director – Risk Management and Assurance, U.S. Department of Homeland Security, Washington, D.C.; Alyssa Smiley, Assistant Director, Department of Homeland Security, Washington, D.C.; Rebecca Shoustal, U.S. Department of Homeland Security, Washington, D.C.
  • Leases, Heather Acker, Partner, Baker Tilly Virchow Krause, LLP, Madison, Wis.; David Bean, Director of Research and Technical Activities, GASB, Norwalk, Conn.
  • Single Audit Update, (Repeat) Mary Foelster, Senior Director, Governmental Accounting and Auditing, AICPA, Washington, D.C.; George Strudgeon, Audit Director, Virginia Auditor of Public Accounts, Richmond, Va.; Erica Forhan, Partner, Moss Adams LLP, Seattle, Wash.

4:00pm – 5:15pm         Concurrent Sessions

  • Critical Thinking & Decision Making, Michael Kallet, CEO, Headscratchers, Greenwood Village, Colo.
  • Fiduciary Activities, David Bean, Director of Research and Technical Activities, GASB, Norwalk, Conn.; Heather Acker, Partner, Baker Tilly Virchow Krause, LLP, Madison, Wis.
  • Common Misconceptions in Deficiencies with Single Audits, Erica Forhan, Partner, Moss Adams LLP, Seattle, Wash.; Corey Arvizu, Partner, Tax Services, Heinfeld, Meech & Co., Tucson, Ariz.

 

Wednesday, August 15, 2018

8:00am – 11:35am        Optional Post-Conference Workshops

  • Prepping for the Advanced Single Audit Certificate, Melisa Galasso, Director, Audit Professional Practices, Cherry Bekaert LLP, Charlotte, N.C.; John Good, Executive Director, EY, Philadelphia, Penn.
  • Professional Skepticism: The Art and Science of Being Columbo, Suri Surinder, CEO, CTR Factor, Tampa, Fla.