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Governmental Accounting & Auditing Update WEBCAST

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8.0 Credits

Member Price $250.00

Non-Member Price $300.00

Overview

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. In 2025, governments and their auditors continue to operate in a rapidly changing environment as they continue to face the many challenges associated with significant federal funding with complex requirements. From a governmental accounting, auditing, and compliance perspective, 2025 will be a critical year for addressing the complex federal and local funding challenges as well as focusing on implementing new standards and requirements! Plus, it is imperative that you start planning for the significant changes coming in 2025 and beyond! Exciting new topics this year include focused discussions on addressing the new GASB pronouncement on financial reporting model improvements and capital asset disclosures, artificial intelligence and governments, and the GAO’s 2024 Yellow Book. 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 issues, new and recently effective GASB pronouncements, audit issues, and a look at what’s on the horizon. Join the 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.

Highlights

GASB pronouncements. Single Audit issues. Yellow Book issues. Audit issues. Federal funding challenges.

Prerequisites

None.

Designed For

Industry and public accountants. Government finance professionals. Accounting officials and staff.

Objectives

Review the most recent governmental accounting and auditing developments. Discuss the new and recently effective GASB pronouncements. Discuss the most recent Single Audit developments. Review and Understand the details about key revisions in Government Auditing Standards, 2024Revision (2024 Yellow Book).

Preparation

None.

Notice

None.

Leader(s):

Leader Bios

Frank Crawford, President, Crawford & Associates

Frank Crawford is President of Crawford & Associates, P.C., Certified Public Accountants, an accounting firm located in Oklahoma City, Oklahoma. The firm specializes in providing auditing, consulting and accounting services solely to governmental entities and is a member of the AICPA’s Government Audit Quality Center. During the last 23 years, Crawford & Associates has provided a variety of audit and accounting services to all sizes of government including many types of financial statement audits and attestation services, fraud investigations, internal control analysis, accounting policy and procedure development, contract internal auditing and internal monitoring, developing management anti-fraud programs and controls, quality assurance reviews, training, and expert witness testimonies.

Mr. Crawford is currently the Chair of the AICPA Government Expert Panel (2 years) and the Oklahoma Society of CPAs Government Accounting and Auditing Committee (10 years), and has also been involved in a number of other AICPA committees and task forces as they relate to governmental accounting and auditing, including the AICPA Governmental Accounting and Auditing Committee, the AICPA Government and Not-For-Profit Expert Panel, the AICPA Government Performance and Accountability Committee, and the AICPA GASB 34 Audit Guide Revision Task Force.

Mr. Crawford is also currently the Chairman of the AICPA National Governmental Accounting and Conference Planning Task Force (5 years), and is also a member of the Planning Committee of the AICPA’s Government and Not-For-Profit Training Conference (9 years).

Over the years, Mr. Crawford has assisted both the AICPA and GASB in the development of several implementation guides as a member of an advisory group, task force or technical content provider. His experience with GASB 34 implementation and audit issues dates back to June 30, 1999, as auditor of the first general-purpose government in the United States to implement the requirements of GASB 34.

Mr. Crawford is also currently working with many of the U.S. territories, commonwealths and freely-associated states on audit finding resolution and financial analysis projects and serves as a technical consultant and advisor to a number of federal government agencies.

He is a frequent lecturer, trainer and discussion leader for numerous groups, including U.S. federal government agencies, various local and national CPA firms, a number of state societies, and has appeared in several AICPA continuing professional education videos and live satellite CPE broadcasts and webcasts related to governmental accounting and auditing.

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Non-Member Price $300.00

Member Price $250.00