- First-time single audits & other impacts from federal financial assistance
- The evolving remote audit
- Updates from the State of Michigan Department of Treasury
Presented by the MICPA and the State of Michigan Department of Treasury
The last two years have seen an influx of federal funds associated with pandemic relief all resulting in some unique accounting, auditing and financial reporting situations and questions for auditors and units. Let’s discuss together.
PRICING DETAILS
Register early to take advantage of the
best price! Please note, discounted pricing is already reflected in the online
price. No promo code is needed.
Through November 3: $90 MICPA Members / $165 Non-Members
November 4 -
November 18: $100 MICPA Members / $175 Non-Members
November 19 - December 3:
$110 MICPA Members / $185 Non-Members
- Accounting (Governmental)
- Auditing (Governmental)
After registering for this event, you can customize your sessions via 'My Registrations'
Some Federal Assistance, Assistance (both) 1.0 AA Details
Some Federal Assistance, Assistance (both)
Over the last
two years, the influx of federal funds associated with the pandemic has resulted
in some rather unique accounting, auditing, and financial reporting situations-
not to mention the questions that went with them. We focus on the Governmental
Accounting Standards Board’s (GASB) COVID-19 guidance for accounting and
auditing federal aid, impacts for single audits, and where to find resources.
Hollis Hanson-Pollock, CPA – Audit Senior Manager,
Crowe LLP, Chicago, IL
02:10 PM - 03:00 PM
Governing Independence in the SLG Realm
(both)
In a recent interpretation issued by the AICPA Professional Ethics
Executive Committee, new guidance details how to evaluate affiliates of state
and local government (SLG) entities. Determine the changes introduced in this
new guidance as well as its related implementation guide, identify its impacts
on identified SLG affiliates and how to apply the new independence standards to
SLG entity audits.
Jennifer Kappler – Technical Manager
– Professional Ethics, AICPA, Durham, NC
Problem Areas in Peer Review (auditor)
In 2014, nearly half of all single audits were found to be nonconforming,
leading the AICPA to designate them as a peer review area of focus.
Unfortunately, even peer reviews have their problems so join us for a deep dive
into the problem areas of peer review, from proper documentation to single audit
issues.
Duane M. Reyhl, CPA, CGMA – Audit and
Accounting Partner, AHP, Midland
03:10 PM - 04:00 PM
2021 Drops the (B)OMB on Single Audit
Compliance (both)
The Office of Management and Budget (OMB)
recently dropped its much-anticipated 2021 Compliance Supplement to clarify
federal requirements on single audits. Identify high-risk programs outlined in
the 2021 Supplement as well as which programs could be impacted by the two
expected future addenda.
Stephen Blann, CPA, CGMA, CGFM –
Public Sector QC Director, Rehmann, Grand Rapids
Michigan Department of Treasury Checks In (both)
Don’t
miss the latest from the Michigan Department of Treasury as they share updates
related to extension requests, PA 202 and other operations as well as the
American Rescue Plan Act of 2021 and ESA. This is the perfect time to ask
questions for your own information and for your clients.
David Buick, MAAO
– Executive Director, State Tax Commission Administrator, Property
Services Division, State of Michigan Department of Treasury,
Lansing
Michael Forward, CPA– Audit Manager, State
of Michigan Department of Treasury, Lansing
Rod Taylor – Community Engagement and
Finance Division Administrator, State of Michigan Department of Treasury,
Lansing
04:10 PM - 05:00 PM
COVID19 Pandemic - Stimulus For Fraud
(both)
Recent headlines confirm that fraudsters have been busy throughout the
ongoing COVID-19 health crisis. In addition, massive amounts of government economic assistance contribute to
a target rich environment for fraudsters. Fraud risk is NOT
“The same as last year”, your audit planning and your audit procedures shouldn’t
be either. Front line observations and practical information to help you
effectively address fraud concerns.
Marlene Beach, CPA, CFE, CVA– Principal, UHY LLP, Farmington Hills
Chris
Peterson, CPA, CFE, CIA – Principal, UHY LLP, Farmington
Hills
The Coronavirus State and Local Fiscal Recovery Fund just injected $4.4B into Michigan’s local governments. This session explores eligible uses of CSLFRF resources, and discusses strategies for deploying these funds in a way that will benefit local units for years to come.
Stephen Blann, CPA, CGMA, CGFM – Public Sector QC Director, Rehmann, Grand Rapids
Member
Non-Member