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SUMMARY:(LIAA31/26) What's Changing in Accounting and Auditing for Government Entities
DESCRIPTION:Event Description\nThis course provides a comprehensive overview of key changes affecting governmental financial reporting and Single Audit engagements. We’ll begin by examining the impact of GASB Statements 101-104 on financial reporting\, followed by a detailed review of updates to the 2024 Uniform Guidance and the 2025 Compliance Supplement. Finally\, we’ll explore emerging developments and other critical factors shaping Single Audits. Stay ahead of the curve with insights to help you adapt to these evolving standards. \nObjectives\nUpon completing this course\, a learner will be able to: \n\nRecognize the impact of GASB 101 on accounting for compensated absences \nRecall changes to the financial reporting model \nIdentify changes to disclosure requirements for certain assets and risks \nRecognize proposed changes to governmental GAAP \nIdentify changes to single audits as a result of the 2025 Compliance Supplement \nRecognize the impact of the 2024 Uniform Guidance on Single Audits \nIdentify the key findings in GAO’s Improper Payments: Information on Agencies’ Fiscal Year 2023 Estimates report (GAO-24-106927) \nRecognize the requirements of the FDTA \nIdentify the impact of the DOE’s Related Party Disclosure Requirements on education audits \nIdentify the strategies recommended to fight fraud from the AICPA’s Government Performance and Accountability Committee’s Detecting Government Fraud report
URL:https://sc.cpa/event/liaa31-26-whats-changing-in-accounting-and-auditing-for-government-entities/
CATEGORIES:Livestream
ORGANIZER;CN="Melisa Galasso":MAILTO:melisa@galassolearningsolutions.com
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