In this session, we’ll provide an overview of guidance and resources related to the coronavirus and CARES Act and discuss proposals out for public comment. We’ll also cover the GASB pronouncements that become effective in the coming fiscal years and some of the projects on GASB’s current technical agenda and research agenda.
The COVID-19 pandemic has forced many organizations to work and think differently regarding cybersecurity. However, the impact it has on the security and protection of an organization’s information assets also needs to be recognized. In this session, we’ll review how and why attackers are targeting various organizations and identify common cyber hygiene weaknesses. We’ll also examine the implications of a data breach and discuss adopting and implementing better cyber hygiene practices.
In this session, we’ll discuss the role of federal funds in the municipal response to the COVID-19 pandemic and provide timely updates on the topic as they arise in real time.
The $1.9 trillion American Rescue Plan Act of 2021 provided $350 billion to state and local governments to address the effects of COVID-19. Come to this panel to hear updates on the U.S. Treasury’s guidance and approaches that states and local governments are taking so this relief goes to both rescue and recovery.
Last year, the Governmental Accounting Standards Board (GASB) issued a Preliminary Views (PV) document that looks at how state and local governments might recognize, measure and categorize trillions of dollars in revenues and expenses in the future. Public hearings on the PV were recently completed. The PV contains views establishing a framework for revenue and expense recognition, potentially replacing decades of inconsistent GAAP (as well as a few legends that were never in GAAP). In this session, you’ll hear a high-level overview of the PV and what the GASB is envisioning for recognition, measurement and categorization of revenues and expenses.
Eric S. Berman, MSA, CPA, CGMA, has over 25 years of governmental accounting and auditing experience and is a Partner with Eide Bailly LLP. Previous to Eide Bailly LLP, he was a quality control principal with a public accounting firm in California. His public sector experience includes being a Deputy Comptroller for the Commonwealth of Massachusetts from 1999 to 2010, and the Chief Financial Officer of the Massachusetts Water Pollution Abatement Trust from 1994 to 1999. Eric is a licensed CPA in Massachusetts. He obtained an M.S. in Accountancy from Bentley University. Eric recently represented the Association of Government Accountants (AGA) as the Vice Chairman of the Government Accounting Standards Advisory Council to GASB. He was the previous chair of the Financial Management Standards Board. He also is a previous chair of the American Institute of Certified Public Accountants (AICPA) Governmental Performance and Accountability Committee and is a former member of the AICPA’s State and Local Government Expert Panel. Eric is frequently called upon to consult and train state and local governments throughout the country on governmental accounting and auditing.
Ralph DeAcetis, CPA, is a managing director in the Boston office of PricewaterhouseCoopers LLP with 33 years of experience. He is the national director of regulatory compliance associated with federal awards to the nonprofit and for-profit sectors. DeAcetis also has a detailed understanding of the business, regulatory and accounting issues of federal funding that impact CPA clients. His knowledge of the Single Audit Act, OMB cost and administrative circulars has made him our national leader in this field.
DeAcetis represents PricewaterhouseCoopers LLP on AICPA task forces and committees regarding topics related to the Single Audit, Government Auditing Standards and OMB Circular A-133. He is a member of the AICPA, MSCPA, Institute of Management Accountants and Association of Government Accountants. In addition to being a CPA, DeAcetis is a Certified Management Accountant, a Certified Government Financial Manager and a Chartered Life Underwriter. He received his BS/BA from Boston University.
Heath Fahle is the special director for federal funds at the Commonwealth of Massachusetts Executive Office for Administration & Finance. Prior to this role, he served as a budget analyst and a finance director at A&F, as well as policy director at the Massachusetts Taxpayers Foundation and a variety of other policy-focused roles.
Lisa Parker is a project manager with the Governmental Accounting Standards Board. Prior to joining the GASB, Lisa worked for Runyon Kersteen Ouellette CPA’s for 10 years, the Town of Old Orchard Beach, Maine as their Finance Director and interim Town Manager for 2 years, and the City of Saco, Maine as their Finance Director for 8 years. Parker is a Certified Public Accountant and a Chartered Global Management Accountant. She is also a member of the Association of Governmental Accountants, the American Institute of Certified Public Accountants, and the Maine Society of Certified Public Accountants and has served as their President. Parker also has previously served as President of the Maine Governmental Finance Officers Association, an Executive Board member of the New England Governmental Finance Officers Association, and a member of a National GFOA standing committee. Parker attended Boston College and the University of Southern Maine graduating with Magna Cum Laude honors and a Bachelors degree in Accounting.
Jeffrey Ziplow, MBA, CISA, CGEIT, is a principal of business risk services at CLA (CliftonLarsonAllen LLP) where he works with public and private organizations, municipalities and nonprofit clients on cybersecurity risk assessments, as well as provide insight and guidance on developing better operational and security practices. He has significant experience working with organizations to assess their IT security controls as they relate to business operations and helps to develop recommendations to mitigate risk. In addition, Ziplow also works with attorney generals from several states to provide guidance/support on cybersecurity matters.