Mobile Edition

ACPEN Signature: 2017 Governmental Accounting & Auditing Update (ACGAAU08)

Date:Tuesday, January 9, 2018
Time:10:00AM - 6:00 PM
(Registration at 9:30 AM)
Facility:Webcast or Webinar, Online
CPE Credit:8.0 Accounting and Auditing
Instructors: William Blend, CFE, CPA Carole Burgess Frank Crawford
Course Level:Update
Early Bird Price:$195.00 FICPA Members, $245.00 Non-Members


Stay up-to-date on rapidly changing developments by participating in the 2017 Governmental Accounting and Auditing Update ACPEN broadcast! Take advantage of this opportunity to find out about breaking government issues. This is your opportunity to hear about the latest challenges facing governments and practitioners who work with them and audit them, presented by leading experts on governmental accounting and auditing, both those who work in the trenches and those from the regulatory world.

With all of the fiscal, regulatory, and new standards challenges facing governments and their auditors, it is important to keep current on critical issues and developments. From a governmental accounting, auditing, and compliance perspective, 2017 will be a critical year for implementing new standards and requirements! Plus, it is imperative that you start planning ahead for the significant changes coming in 2018 and beyond!

On the governmental accounting side, the GASB has issued an unprecedented number of standards in the last three years—issuing eight statements in 2015, four in 2016, and two (to date) in 2017. Plus, new standards on leases and debt extinguishments are expected to be released later in 2017. Now is the time to find out about the details on how these and other recently effective standards will affect governmental accounting and reporting. The ACPEN panel of experts can fill you in on all the latest details you need to know about critical new requirements, implementation issues, and developments.

Recently implemented pension standards continue to provide challenges and implementation of the complex new OPEB standards is coming soon! You’ll get the latest scoop on all the pension and OPEB issues from both the GASB and audit implementation sides—and hear about solutions to those issues. This is not the time to sit on the sidelines—plan and employer management and auditors need to hear the retrospective issues on pension standards and lay the groundwork to successfully meet the challenges associated with implementing complex OPEB and the latest pension standards.

On the audit side, governments and their auditors have continuing opportunities for learning more about the critical implementation issues for the various pension standards. Plus, auditors face continuing or new challenges in 2017 with implementation issues related to tax abatements, external investment pools, and omnibus provisions—all with a number of audit issues. Plus, now is the time for action to conquer critical implementation issues that affect both plans and employers relating to the OPEB standards. Also, you’ll find out about GAO’s proposed changes to the Yellow Book. At this year’s broadcast, it will be the perfect time to find out the details about how the latest auditing and reporting issues will affect your engagements and practice, including a discussion of crucial implementation issues for government audits.

For Single Audits, the ACPEN panel will cover topics that are relevant to single audits being performed NOW. Following current developments and using the most recent guidance is critical to conducting quality single audits. Hear the details on the latest single audit issues, including the OMB’s Uniform Guidance, the 2017 OMB Compliance Supplement, updates on Federal Audit Clearinghouse activities and the 2016 Data Collection Form, and the latest peer review findings relating to single audits.The ACPEN panel will highlight key implementation issues relating to the Uniform Guidance, as well as the latest guidance in the 2017 OMB Compliance Supplement on compliance requirements. It is critical that auditors understand how requirements have changed and how to effectively use the Compliance Supplement.

Finally, you’ll receive an update on the most recent accounting and auditing developments affecting governments and government auditors. This includes Single Audit issues, AICPA and Yellow Book implementation issues, new and recently effective GASB pronouncements, audit issues, and a look at what’s on the horizon. Join ACPEN’s panel of experts as they discuss, not only the technical requirements of new standards, but also the key implementation issues that must be addressed by auditors and their governmental clients! Benefit from their experience and insights from many perspectives, as well as their long experience in governmental accounting and auditing.

This broadcast is designed to provide CPE that meets the Yellow Book CPE criteria.

Faculty Interaction! With ACPEN courses, you may send questions to the panel in advance at, and remember, participants can submit questions to the panel during the course and for two days after every ACPEN course, providing unparalleled faculty access!


  • Review most recent governmental accounting and auditing developments

  • Discuss the new and recently effective GASB pronouncements

    Major Topics:

  • Find out about the requirements in challenging new standards on OPEB, tax abatement, investments pools, fiduciary activities, and other new GASB standards.

  • Find out more about GASB’s many pension standards for plans and employers, and hear the details about critical implementation and audit issues for plans, employers, and auditors.

  • Hear some hints on how to avoid pitfalls and prepare for a successful implementation of the new OPEB standards. (Hear the perspective from a seasoned government finance official that is leading the charge to help governments successfully conquer these complex new standards!)

  • Find out about implementation issues related to OMB’s Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).

  • Hear about the most recent developments affecting single audits, including the 2017 OMB Compliance Supplement, as well as:

    • The latest guidance on compliance requirements and single audit reporting,
    • Changes to the Compliance Supplement,
    • Updates on Federal Audit Clearinghouse activities and the Data Collection Form, and
    • Single audit quality issues (including recent peer review findings).

  • Find out about key revisions proposed in the new exposure draft of Government Auditing Standards.

  • Discover how new accounting and auditing standards will affect governments and your government practice, including common implementation issues, reporting issues, and best practices.

  • Hear great insights on current audit issues.

  • Get insights on developing effective controls for governments for the 21st Century.

  • Hear guidance from experts on how to avoid common single audit deficiencies.

  • Learn the most recent auditing standards, government and Yellow Book/single audit risk alerts, and the latest AICPA audit and accounting guides.

  • Find out what GASB projects are on the horizon.

    Who Should Attend:
    Public and Industry


    Advanced Preparation:


    If listed below, select the appropriate sessions or options to continue with your purchase.

    Registration Status: CLOSED - Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.