Local Government Conference (New Bern)

Description

A must-attend conference for auditing professionals working with local governments, this conference will include a GASB update and impart several key audit findings from the Local Government Commission and the State Auditor’s Office. Participants will leave this conference equipped with the essential information needed to effectively improve the quality of governmental audits. 
 
As an added bonus, there is an an optional pre-conference workshop available:


June 5: Compliance Auditing—Questions from the Field with speaker Marci Thomas

Workshop will require separate registration.
 
 

Objective

Participants will be able to summarize recent changes to governmental audit standards.

Highlights

* Local Government Ethics–Blind Spots, Choices, & Consequences * 2017 GASB Update * Local Government Commission Update

Who Should Attend

CPAs who perform government audits and finance staff from local governments

Required Knowledge

None

Advanced Prep

None

Event Speaker(s)

Ms. Preeta Nayak, CPA ( NC Department of State Treasurer, Apex, NC ), Mr. William Hunter Cook, CPA ( Charlotte, NC ), Ms. Sharon Goddard Edmundson, CPA ( NC Department of State Treasurer, Raleigh, NC ), Marc Gonzales ( Clackamas County - Department of Finance, Oregon City, OR ), Lynford Graham, CPA, Ph.D., CFE ( Bentley University, Short Hills, NJ ), Dr. Rebecca Heiss, PhD ( McLeansville, NC ), Ms. Kara A. Millonzi, JD ( UNC Chapel Hill-School of Government, Chapel Hill, NC ), Mr. David R. Nance, CPA ( NC State Board of CPA Examiners, Raleigh, NC ), Mr. Scott Reeser, CPA ( Governmental Accounting Standards Board, Norwalk, CT ), Ms. Teresa Boyette Bordeaux, CPA, CGMA ( AICPA, Cary, NC ), Dr. Cal Christian, CPA, PhD ( East Carolina University-College of Business, Greenville, NC ),

Additional Event Information

Accommodations
Courtyard by Marriott New Bern
844-595-5322

Discounted Reservation Cut-Off Date: May 15, 2017
Room Rate: $129 Single/Double

Onsite Information
Registration/Continental Breakfast: 7:15–8:00 am. Sessions begin at 8:00 am.

Download Your Materials Before You Arrive Onsite!
Conference materials will be distributed electronically to registrants 3 days in advance of the program. You may download your materials to a laptop, tablet, or e-reader, or print them. It’s up to you how you choose to view the materials. Printed materials will not be available on site. Downloading in advance is recommended.


Sessions

Tuesday, June 6, 2017 (8:05 am–9:20 am ET)

General #1: Local Government Ethics—Blind Spots, Choices, & Consequences
Dr. Rebecca Heiss, PhD ( McLeansville, NC ),

What causes an otherwise intelligent person—a person who knows the difference between right and wrong—to make a choice that will negatively impact themselves and their organization? You’ll find out in this fascinating presentation on human values and ethics. New light will be shed on why we do what we do and how to influence behavior.
 
Most ethics presentations and training programs focus on compliance and legal issues—as if ethical choices are either legal or not. The reality is, ethical choices have far more impact on an organization long before the issue of “legal or illegal” comes into play. While your Ethics Code of Conduct might meet all the standards required, the missing piece for most organizations is the ability to help management and employees understand the human dynamic associated with conduct management.
 

It’s time to take ethics training and fraud prevention in a different direction. No longer is a two-hour compliance speech going to change behavior! In this program the curtain will be pulled back to reveal the truth about behavior and how we shape a new direction in local government leadership.

Field of Study: Auditing (Governmental)

Tuesday, June 6, 2017 (9:30 am–10:35 am ET)

General #2: 2017 GASB Update
Mr. Scott Reeser, CPA ( Governmental Accounting Standards Board, Norwalk, CT ),

This session will give an overview of GASB pronouncements that will become effective in the coming fiscal years. The session also will explain some of the projects on GASB’s current technical and research agendas.

Field of Study: Accounting (Governmental)

Tuesday, June 6, 2017 (10:45 am–11:50 am ET)

General #3: Local Government Commission Update
Ms. Sharon Goddard Edmundson, CPA ( NC Department of State Treasurer, Raleigh, NC ), Ms. Preeta Nayak, CPA ( NC Department of State Treasurer, Apex, NC ),

The LGC Update will provide current information about accounting and auditing issues for local governments in North Carolina, including practical tips on implementing GASB Statements 73, 74, and 75, as well as discussion about common misinterpretations of the requirements of GS 159. The objectives for this session are for participants to learn specifics about how new GASB standards will affect North Carolina local governments, and become more proficient in the requirements of GS 159.

Field of Study: Accounting (Governmental)

Tuesday, June 6, 2017 (12:40 pm–1:30 pm ET)

1A: Auditor Independence
Mr. William Hunter Cook, CPA ( Charlotte, NC ), Mr. David R. Nance, CPA ( NC State Board of CPA Examiners, Raleigh, NC ),

This session will speak to requirements of auditor independence and basic steps CPA firms need to ensure they take to document compliance with those requirements.

Field of Study: Auditing

Tuesday, June 6, 2017 (12:40 pm–1:30 pm ET)

1B: The Future is Happening Every Day
Marc Gonzales ( Clackamas County - Department of Finance, Oregon City, OR ),

The composition of the workforce is changing. The finance officer must think strategically to position his/her organization for success. Join us to learn about what’s already changed, and what is on the horizon. How can we best attract millennials to public finance, engage our new employees, and coach and cultivate existing employees? How can we identify the immediate and long-term needs? Discover and discuss best practices in succession planning and ideas to consider as you contemplate the future of your own organization.

Field of Study: Accounting (Governmental), Business Management & Organization

Tuesday, June 6, 2017 (1:40 pm–2:30 pm ET)

2A: Audit Sampling in Financial Reporting & Compliance Auditing
Lynford Graham, CPA, Ph.D., CFE ( Bentley University, Short Hills, NJ ),

Taught by the Chair of the AICPA Audit Sampling Guide, this 50-minute session will cover * Common inspection criticisms of sampling practices in financial and compliance audits (with solutions) * Impediments to designing effective sampling plans * Setting defensible sample sizes with some simple tools * Unscrambling different sources of sampling guidance * Example from a consulting assignment and results from applying statistical sampling concepts.

Field of Study: Auditing

Tuesday, June 6, 2017 (1:40 pm–2:30 pm ET)

2B: Impact Fee Authority for Water & Sewer
Ms. Kara A. Millonzi, JD ( UNC Chapel Hill-School of Government, Chapel Hill, NC ),

This session will provide an overview of local government’s legal authority to assess upfront charges for water and sewer utilities. It will summarize recent case law and discuss common issues in setting water and sewer fees.

Field of Study: Auditing

Tuesday, June 6, 2017 (2:40 pm–3:30 pm ET)

3A: Internal Controls—Issues & Opportunities
Lynford Graham, CPA, Ph.D., CFE ( Bentley University, Short Hills, NJ ),

This session will cover * The importance of effective internal controls * Improving internal controls—Learning from your data and experiences * Research findings—How effective are self-assessments? * Research findings—Have control deficiencies changed much over the years (evidence from public companies)? * Opportunities for greater efficiencies * Common quality issues cited in peer reviews and inspections * The Future: COSO 2013—Friend or Foe?

Field of Study: Auditing

Tuesday, June 6, 2017 (2:40 pm–3:30 pm ET)

3B: 2017 Professional Ethics & Conduct, Part 1
Dr. Cal Christian, CPA, PhD ( East Carolina University-College of Business, Greenville, NC ),

This course by Cal Christian is offered in a group-study format where participants and the discussion leader have opportunities to interact and discuss ethical issues facing the profession. North Carolina Professional Ethics and Conduct rules are just one subsection of the set of rules and standards governing North Carolina CPAs. However, the importance of professional ethics merits an in-depth study, because making the right decision every time is hard! Without a solid ethical base, the rules are difficult to apply. The North Carolina Professional Ethics and Conduct rules will be specifically examined, clarifying how they are applicable to all CPAs. Standards of ethical conduct are not only examined for those CPAs in public practice, but also for CPAs working in industry, government, and education throughout North Carolina. You will examine current trends in ethical behavior, social networking, and fraud. Real-life case studies supplied by North Carolina CPAs that examine those ethical dilemmas most prevalent in the workplace will be discussed.
Note—This course fulfills the State Board’s annual two-hour ethics CPE requirement. The two-hour ethics course is required for annual license renewal for North Carolina CPAs and does not qualify one to obtain an original or reciprocal certificate (the Accountancy Law course required for certification and reciprocity is an eight-hour program that is also offered by NCACPA , and it satisfies this requirement). If you have questions, please contact the NC State Board of CPA Examiners. The vendor has identified this course as satisfying the 80-hour requirement for Yellow Book. It is up to the individual to determine if this course meets the 24-hour Yellow Book requirement. If you have a question, please contact the GAO at (202) 512-9535.
 

In order to satisfy the two-hour Ethics requirement, you must attend both sessions.

Field of Study: Regulatory Ethics

Tuesday, June 6, 2017 (3:45 pm–4:35 pm ET)

4A: Single Audit Update—Year 2 of Uniform Guidance Audit Requirements
Ms. Teresa Boyette Bordeaux, CPA, CGMA ( AICPA, Cary, NC ),

This session will provide the latest on single audit activities, including considerations related to year 2 of the Uniform Guidance audit requirements. Attendees will also learn about recent activities related to the 2017 Compliance Supplement, potential revisions to Government Auditing Standards (Yellow Book), and common issues found with reporting packages submitted to the Federal Audit Clearinghouse.

Field of Study: Auditing (Governmental)

Tuesday, June 6, 2017 (3:45 pm–4:35 pm ET)

4B: 2017 Professional Ethics & Conduct, Part 2
Dr. Cal Christian, CPA, PhD ( East Carolina University-College of Business, Greenville, NC ),

This course by Cal Christian is offered in a group-study format where participants and the discussion leader have opportunities to interact and discuss ethical issues facing the profession. North Carolina Professional Ethics and Conduct rules are just one subsection of the set of rules and standards governing North Carolina CPAs. However, the importance of professional ethics merits an in-depth study, because making the right decision every time is hard! Without a solid ethical base, the rules are difficult to apply. The North Carolina Professional Ethics and Conduct rules will be specifically examined, clarifying how they are applicable to all CPAs. Standards of ethical conduct are not only examined for those CPAs in public practice, but also for CPAs working in industry, government, and education throughout North Carolina. You will examine current trends in ethical behavior, social networking, and fraud. Real-life case studies supplied by North Carolina CPAs that examine those ethical dilemmas most prevalent in the workplace will be discussed.
Note—This course fulfills the State Board’s annual two-hour ethics CPE requirement. The two-hour ethics course is required for annual license renewal for North Carolina CPAs and does not qualify one to obtain an original or reciprocal certificate (the Accountancy Law course required for certification and reciprocity is an eight-hour program that is also offered by NCACPA , and it satisfies this requirement). If you have questions, please contact the NC State Board of CPA Examiners. The vendor has identified this course as satisfying the 80-hour requirement for Yellow Book. It is up to the individual to determine if this course meets the 24-hour Yellow Book requirement. If you have a question, please contact the GAO at (202) 512-9535.
 

In order to satisfy the two-hour Ethics requirement, you must attend both sessions.

Field of Study: Regulatory Ethics


Share This Event

Event Vendor:NCACPA
Field of Study:Accounting (Governmental), Auditing, Auditing (Governmental), Business Management & Organization, Regulatory Ethics, Various
Level: Update
Other:Yellow Book

Event Type:Conference
Event Code:LGN17

Registration Fees

Early Bird Rate expires May 23, 2017

LGN17: Local Government Conference Registration Early Bird Regular
NCACPA Member $250.00 $300.00
Non-Member $350.00 $400.00
Other CPA State Society Member $250.00 $300.00
Partner/Affiliate-State and Local Government Staff $250.00 $300.00