Thursday, June 11, 2020 – Thursday, June 11, 2020 | 8:30am – 4:50pm

Government Accounting & Auditing Virtual Conference

The start date for this course has passed. Registration is no longer available.

 Due to the ongoing COVID-19 (coronavirus) pandemic, the MSCPA has made the difficult decision to make our Government Accounting and Auditing Conference a virtual-only event. The conference will still take place on June 11 from 8:30 a.m. – 4:50 p.m., and participants will receive eight CPE credits. You will also learn from the same quality speakers that you expected to see at our live program.  

 

Please reach out to Katlyn Ribeiro at 617.303.2404 or kribeiro@mscpaonline.org if you have any questions.

Agenda

 

8:30 – 8:40 a.m.

Welcome and Opening Remarks

Amy Pitter, Masschusetts Society of CPAs

Edward Boyd, CPA, Melanson Heath & Company PC.

 

 

8:45 – 10:45 a.m. 

Hot Topics at GASB

Lisa Parker, CPA, CGMA, Governmental Accounting Standards Board (GASB)

Examine the new standards going into effect, including Statement No.84, Fiduciary Activities and Statement No.87, Leases. We’ll also cover projects on the Board’s technical agenda, such as the reexamination of the financial reporting model, the revenue/expense recognition project and the note disclosure conceptual framework project

10:55 - 11:40 a.m.

Responsible AI for Accounting

Erik  McBain, CFA,  MindBridge

 For years, it’s been critical for accounting leaders to understand responsible AI and the impacts of this transformative technology on industry and individuals. In this session, we’ll discuss the current climate and what we can do to embrace responsible AI effectively.

 

11:50 a.m. - 12:30 p.m.

Department of Revenue (DOR) Update

Mary Jane Hardy, Department of Revenue

In the session, we’ll discuss how the Massachusetts Department of Revenue (DOR)’s Division of Local Services is addressing the challenges faced by municipalities resulting from COVID-19, as well as review the bulletins and their guidance during these challenging times.

12:30 - 1:00 p.m.

Lunch

 

1:00 - 2:15 p.m.

Revenue and Expense Recognition

Eric Berman, MSA, CPA, CGMA, Eide Bailly LLP

The GASB has released its long-awaited preliminary views on potential changes in venue and Expense Recognition. This second stage of the project presents the Board’s tentative guidance on improving the information presented regarding revenues and expenses overall, applying those improvements in practice and potential changes to exchange and exchange-like transactions that have only cursory principles in current GAAP. In this session, you’ll get an overview of the Board’s views, hear the opportunities you have to participate in a field of their views, as well as learn how to respond to them at public hearings slated for this fall.

2:25 – 3:25 p.m.

Single Audit Update

Ralph DeAcetis, CPA, PwC

This session will include a discussion of trends associated with selected Uniform Guidance compliance areas and reporting, including insights associated with selected OMB Compliance Supplement changes. 

 

3:35 – 4:50 p.m.

The Good, the Bad and the Ugly: Case Studies in Public Corruption and Fraud

David Cotton, CPA, CFE, CGFM, Cotton & Company LLP

This interactive session will examine the facts surrounding several recent fraud and public corruption cases to determine if and how they could have been prevented and if and how auditors should have detected them. You will learn how to identify the fraud risk factors that should have alerted auditors to the fraud or corruption problem, evaluate the legs of the fraud triangle that supported the fraud, theorize appropriate fraud risk factor responses that would have led to the detection of the problem and more.

 

This conference qualifies for the Workforce Training Express Fund program. The course code for this program is 1124158  Click here for more details: https://www.mscpaonline.org/cpe/training_fund 

Sponsors

Conference Credits

This course is 8.00 credits

Conference Fees

MSCPA-AICPA Member
$329.00
MSCPA Member
$329.00
AICPA Member
$429.00
Non-Member
$429.00

Conference Cost

You pay
$429.00
MSCPA Members save $100.00 on this course. Login or Join to take advantage of these savings.

The start date for this course has passed. Registration is no longer available.