What's Changing in A&A for Governmental Entities (2024)

Overview

We kick off this course with a look at the GASB standards that are effective this year including GASB 100, Accounting Changes and Error Corrections and GASB 101, Compensated Absences. We will then switch to the audit side of the house to examine the impact of the 2024 Compliance Supplement on Single Audits and the changes to the Uniform Guidance. We close with a look at common deficiencies found in Single Audits. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Highlights

The major topics that will be covered in this course include:

• A look at the GASB standards that are effective this year
• GASB 100, Accounting Changes and Error Corrections
• GASB 101, Compensated Absences
• The impact of the 2024 Compliance Supplement on Single Audits
• Changes to the Uniform Guidance.
• Common deficiencies found in Single Audits.

Prerequisites

Prior experience with governmental financial reporting and auditing

Designed For

Practitioners and members in industry responsible for accounting and financial reporting for governmental entities.

Objectives

Preparation

None