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Welcome to the Accounting CPE Network!

The Accounting CPE Network, ACPEN, is dedicated to bringing, highly relevant, interactive, world-class CPE to every CPA in the most convenient and economical ways possible. Founded in 1997, ACPEN is now a consortium of 40 state societies.

Since its’ founding, ACPEN programs have covered all of the most important subjects for accounting, tax and financial professionals. You can join the thousands of CPAs across the country who have reserved a seat to one of the most fascinating and interactive ways to earn CPE credit, ACPEN live video webcasts!

Content developed by ACPEN includes the ACPEN Signature series, our top of the line CPE programing. As well as Specialized Areas of content, like the ACPEN Industry Institute, and ACPEN Tax Institute. Additionally, many state CPA societies provide original content through our Partner Produced courses.

2014 ACPEN Signature Series

ACPEN Signature courses are the flagship CPE events of ACPEN, and the top of the line in CPE programing. 

Signature courses, begin in May each year, continue monthly throughout the year, and are replayed for live credit several times, including in December and January. 

Each showcases important and timely CPE topics, using enhanced production techniques, and are delivered by panels of national experts, practitioners, and representatives of regulatory and standard setting bodies.

To see what courses are included in this year, please click on the ACPEN Signature category below. 

Use code NEWCAT10 to get 10% off ACPEN Signature courses!

Welcome to the new ACPEN catalog!

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Preview


ACPEN Signature Series: 2013 Governmental Accounting and Auditing Update

Description

  • Length: 8 Hrs
  • Stay up-to-date on rapidly changing developments by participating in the 2013 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, 2013 will be a critical year for implementing new standards and requirements!

    On the governmental accounting side, GASB No. 63 adds the new financial statement elements of deferred outflows of resources and deferred inflows of resources and renames many statements of net assets to statements of net position. GASB No. 65 reclassifies numerous items previously reported as assets and liabilities as deferred outflows of resources or deferred inflows of resources. For many governments, this statement, effective for fiscal years beginning after December 15, 2012, means they will report items that fit in the new classifications for the first time. Also, GASB No. 60 on accounting and financial reporting for service concession arrangements and GASB No. 61 on the reporting entity are effective for entities right now. Plus, the effective date of the new pension standards for plans and employers is getting closer. 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.

    On the audit side, 2013 is the critical implementation year for the AICPA’s clarified auditing standards and GAO’s 2011 Yellow Book. At this year’s broadcast, it will be the perfect time to find out the details about how the GAO’s 2011 Yellow Book, the AICPA’s clarified auditing standards, and the latest auditing and reporting issues will affect your engagements and practice, including a discussion of crucial implementation issues for government audits, including several new requirements, group audit guidance, an updated independence framework, and significant changes to every report.

    For Single Audit, there are significant new changes to the OMB Compliance Supplement and Data Collection Form. Single audit quality continues to be a favorite topic of regulators and is a significant risk for auditors. 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 2013 OMB Compliance Supplement, the 2013 Data Collection Form, and significant proposed changes to the single audit process. The panel will cover new guidance in the OMB Compliance Supplement on compliance requirements and associated audit procedures as well as other Compliance Supplement updates that you need to know about right now for your 2013 audits. With dramatic changes expected to the Part 2, Matrix of Compliance Requirements, including dropping 5 compliance requirements from the matrix, it is critical that auditors understand the new requirements.

    It is also critical for you to closely follow significant proposed changes to the single audit process. The panel will discuss the proposed changes, including an increase in the single audit threshold, changes to the process for determining major programs, streamlining of compliance requirements, changes to responsibilities for audit follow-up on findings, and combination of OMB audit and cost principles circulars. You’ll also receive a thorough update on other single audit issues.

    The broadcast will also include a discussion on the new COSO internal control framework and GAO’s new exposure draft of the Green Book (Standards for Internal Control in the Federal Government), which has new implications for state and local governments. The proposed revision will harmonize federal standards with the updated COSO framework, and adapt them for a government environment.

    Finally, you’ll receive an update of 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.

Basic Course Information

  • CPE Credits: 8
  • Field of Study 1: Governmental Accounting (4 hours)
  • Field of Study 2: Governmental Auditing (4 hours)
  • Field of Study 3: Yellow Book (8 hours)
  • Program Level (Basic, Update, Intermediate, Advanced, Overview): Intermediate
  • Prerequisites: None
  • Advanced Preparation: None
  • Producer: ACPEN

Learning Objectives

Faculty

  • Course Developer: Business Professionals' Network, Inc.
  • Faculty and Production Information
    • Nancy Miller, CPA,
    • Carole A. Burgess, CPA, ,
    • Carole A. Burgess, CPA, is an Executive Editor of PPC products for the Tax & Accounting business of Thomson Reuters, in Fort Worth, Texas. She is an author of PPC’s Guide to Single Audits, PPC’s Guide to Preparing Governmental Financial Statements, PPC’s Governmental Financial Statement Illustrations and Trends, and PPC’s Guide to Religious Organizations, and a contributing author of other guides and continuing education courses. Carole is also the technical review editor of The PPC Nonprofit Update newsletter. Ms. Burgess’ experience prior to joining PPC includes eleven years in public practice with Deloitte & Touche, LLP, where she was a senior manager specializing in state and local governments and recognized nationally as a compliance audit specialist relating to the Single Audit Act. Carole is a frequent presenter to accounting and other professional organizations including the Texas Society of CPAs

    • Bob Scott, CPA, ,
    • Bob Scott, CPA, is Chief Financial Officer/Assistant City Manager for the City of Carrollton, where he has responsibility for all aspects of the City’s financial operations. He has a Masters degree in Accounting and a Bachelor of Science degree in Political Science from Texas Tech University. Mr. Scott began his career in public accounting, ultimately serving as an audit manager with responsibility for a large number of governmental clients. While in public accounting, he was designated by his firm as a specialist in state and local government and served a two-year practice fellowship with the Governmental Accounting Standards Board. Mr. Scott has extensive experience in accounting and financial reporting issues having recently served on the review committee for both GASB’s GASB 34 implementation guide and the GFOA’s new “Governmental Accounting, Auditing, and Financial Reporting” (known as the “Blue Book”). He currently serves as Vice Chairman for the GFOA’s Committee on Accounting Auditing and Financial Reporting and has served in the past on the Governmental Accounting Advisory Committee (GASAC) and the AICPA’s Governmental Accounting and Auditing Committee (GAAC). He also has a great interest and personal experience in improving organizational performance. Mr. Scott is an active lecturer for the Government Finance Officers Association, the American Institute of Certified Public Accountants and the Southwest School of Governmental Finance, and has also co-authored several professional journal articles. He is an active member of the Government Finance Officers Association, American Institute of Certified Public Accountants, and various other professional organizations.
    • Frank Crawford, CPA, ,
    • Frank Crawford, CPA, 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. Over the last 25 years, Crawford & Associates has provided a variety of audit and accounting services to all sizes of government, including, but not limited to many types of financial audits and attestation services, planning and executing GASB 34 implementation plans, fraud investigations, internal control analysis, accounting policy and procedure development, contract internal auditing and internal monitoring, the development of management anti-fraud programs and controls, quality assurance reviews, training, capital asset record development and expert witness testimony. Mr. Crawford has served as the Chair of the AICPA Government Expert Panel and the Oklahoma Society of CPAs Government Accounting and Auditing Committee, 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, and is also a member of the Planning Committee of the AICPA’s Government and Not-For-Profit Training Conference. 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. Frank is a frequent lecturer, trainer and discussion leader for numerous groups, including U.S. Federal Government Agencies, CPA Firms and State Societies, and has appeared in several AICPA continuing professional education videos and live satellite CPE broadcasts and Webcasts produced by the Accounting Continuing Professional Education Network related to governmental accounting and auditing.

    • Jeffrey Markert, CPA,
    • Jeffrey Markert, CPA is a partner in KPMG’s Department of Professional Practice in New York City with more than 22 years of experience serving state and local governments.  In this role, he devotes significant time to emerging issues related to government accounting and single audits, including working with GASB and the AICPA in the development and implementation of new standards and providing technical assistance and training to KPMG personnel throughout the United States.  Jeff also currently serves on the AICPA State and Local Government Expert Panel (Expert Panel). Jeff previously spent 18 years in KPMG’s Chicago office and was the practice leader for KPMG’s Midwest public sector audit group.  In this role, Jeff was responsible for government and not-for-profit audit services and also served as the engagement partner for many of their larger and more complex single audits.

    • David R. Bean, CPA, , Director of Research and Technical Activities, Governmental Accounting Standards Board (GASB), Norwa
    • David R. Bean joined the GASB staff in 1990 as its first full-time director of research and technical activities. Previous to working at the GASB, he was with Ernst & Young. He also was the director of the Technical Services Center of the Government Finance Officers Association and worked for the State Comptroller’s Office in Illinois. He holds a B.S. degree from Illinois State University and is a CPA.

    • James R. Dalkin, CPA, , Director, Financial Management and Assurance Team, Government Accountability Office (GAO)
    • James R. Dalkin is a Director in the Financial Management and Assurance Team with the 

      U.S. Government Accountability Office (GAO).  He also serves as a member of the AICPA’s Auditing Standards Board and as an observer on the COSO Advisory Board.

      Mr. Dalkin has responsibility for directing GAO’s work to develop and maintain government auditing standards (the Yellow Book); internal control standards for the federal government (the Green Book); and, GAO’s work with the accounting and auditing profession.  He is also responsible for the audits of the Securities Exchange Commission and the Statements of Social Insurance included in the consolidated financial report of the United States.  Prior to joining the GAO, Mr. Dalkin served at a global firm and audited a wide range of organizations ranging from commercial health care entities to governmental agencies.

      Mr. Dalkin is a frequent speaker at national auditing conferences for AICPA and other professional organizations.  He has also authored articles for publications including the Journal of Accountancy.  He has contributed to the profession through his involvement with the AICPA Task Force on Restricted Use Reports and chairs the International Disclosures Task Force.  Mr. Dalkin serves as an adjunct accounting faculty at Georgetown University.  Mr. Dalkin has a Master’s Degree in Business Administration from the George Washington University and a Bachelor of Science in Accounting from the University of Virginia. 

Course Materials

  • Course Materials
    • Course Manual- GAA 2013 (182)
    • Important CPE Credit Information_2013 (0)
    • Course Outline (2)
    • Important CPE Credit Information_2013 (0)
    • Questions and Answers (0)

Additional Information

  • Course Registration Requirements: Online Registration
  • Refund/Cancellation Policy: Please contact the ACPEN help desk - 1-800-747-1719 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.
  • Complaint Resolution Policy: Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
  • Official Registry Statement: Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org
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