Day 3 of the conference will focus on auditing and ethics. We’ll start the day with a deep dive into the audit standards that will be effective for December ’21 and June ’22 year ends. The reporting suite (SAS 134-141) make material changes to the auditor’s report as well as the Uniform Guidance Compliance report. Attendees will focus on implementation and impact on process and budget. The course will then address SAS 142 and 143 which are coming down the pike and how firms can prepare. In addition to the audit standards the course will address changes to the attestation standards for AUPs, examinations and reviews. We’ll close with a review of the risk assessment proposal as well as quality management proposal. In the afternoon, the course will switch from AICPA topics to Yellow Book and Uniform Guidance with a focus on the impact of COVID19 on these types of engagements. We’ll close Day 3 with a 2-hour interactive ethics update.
Due to the uncertainty of large group gatherings in the coming months, the Government Finance Experts Conference will be held virtually. Please feel free to reach out to us with any questions or concerns you may have.
Who Will Benefit
CPAs in public practice and government audit organizations responsible for planning, supervision and the conduct of governmental engagements and staff auditors; those employed in government and industry who are responsible for compliance with laws and regulations; and for financial managers and members in government and industry who are responsible for financial statement preparation and single audit compliance.