2021 Annual Government Accounting & Auditing Update

Before starting this self study program, please go through the instructional document.

Course Description
Course Qualification
Presenter
FAQ

Course Description

Overview

Requirement for internal control

5 mins
Exposure draft compensated absences

18 mins
New data privacy rules

37 mins
Unemployment program issues

62 mins
Government auditing issues

92 mins

Course Description

Change is inevitable and at times overwhelming if you are unprepared. Be prepared for change by ensuring that you are current in accounting and auditing developments affecting government.

This year, there are many complex questions. In this CPE course, you’ll find answers, in-depth technical guidance, and the latest strategy updates. The purpose of the CPE course is to address the most pressing issues and provide an update on current regulations, accounting pronouncements, auditing issues, and other subjects of interest in government accounting and auditing standards.

Learn the latest accounting and auditing developments affecting governments by covering these hot topics in this CPE webinar:

GASB and FASB updates on implementation challenges and future standards
Single audit update
Innovations in GAO auditing
Federal, state, and local government auditing considerations and challenges
Emerging Issues in Government Accountability
Governmental Accounting Standards Board (GASB) Update
Current Developments in Audit and Data Analytics in Government
Basic understanding of government accounting & auditing
The changes in government accounting and auditing standards through 2021
Look ahead to proposed changes and revisions for 2022

Learning Objectives

To identify accounting standards for governments
To identify auditing standards for government entities
To recall key points related to the latest developments in OMB and Yellow Book requirements.
To discuss emerging issues in government accountability.
To analyze innovations in GAO auditing.

Recommended For

CPAs, CFEs, CMAs, CGFMs, internal auditors, CIAs, external auditors, staff accountants, managers, CFOs and others responsible for accounting, risk management or internal controls for government entities.
CPAs working in federal, state, or local government.
Public practitioners with government clients.
Accounting and auditing professionals who need to be aware of emerging developments and information.
Finance professionals in the not-for-profit industry.
Accounting and finance personnel are responsible for accounting and financial reporting for governments and not-for-profit entities and auditors for these entities.

Who Should Attend?

Accountant
Accounting and audit managers/practitioners
Accounting Firm
Accounting Practice Owners
Auditors
Certified Public Accountant (CPA)
CPA - Mid Size Firm
CPA - Small Firm
Staff of Accounting Firm
Young CPA

Course Qualification

Webinar Qualifies For

2 CPE Credit for Certified Government Auditing Professional (CGAP)
2 CPE Credit of Accounting & Auditing (Govt.) for Certified Government Financial Manager (CGFM)
2 CPE Credit of Accounting & Auditing (Govt.) for Certified Public Accountants (CPA-US)
2 CPE Credit of Accounting & Auditing (Govt.) for Internal Audit Practitioner (IAP)
2 CPE Credit of Accounting & Auditing (Govt.) for Qualification in Internal Audit Leadership (QIAL)
2 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
2 CE Credit for Certified Wealth Strategist (CWS)
2 General Credit for Accountant/Bookeeper
2 CPE Credit for Certification in Risk Management Assurance (CRMA)
2 CPE Credit of Accounting & Auditing (Govt.) for Certified Internal Auditors (CIA)
2 CPE Credit of Auditing (Govt.) for Certified Fraud Examiner (CFE)

Additional details

Course Level :

Basic
Credits :

2
Instructional Method :

QAS Self Study
Pre-requisites :

None
Advance Preparation :

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) 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 submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

Presenter

About Presenter

Dr. Robert Minniti

President, Minniti CPA LLC

Dr. Minniti is the President and Owner of Minniti CPA, LLC. Dr. Minniti is a Certified Public Accountant, Certified Forensic Accountant, Certified Fraud Examiner, Certified Valuation Analyst, Certified in Financial Forensics, Master Analyst in Financial Forensics, Chartered Global Management Accountant, and is a licensed private investigator in the state of Arizona. Dr. Minniti received his doctoral degree in business administration from Walden University, received his MBA degree and Graduate Certificate in Accounting from DeVry University’s Keller Graduate School of Management, and received his Bachelor of Science in Business Administration degree from the University of Phoenix. Dr. Minniti taught graduate and undergraduate courses in forensic accounting at DeVry University, Grand Canyon University, Kaplan University, Northwestern University, and the University of Phoenix.

He designed graduate and undergraduate courses for Grand Canyon University, Northwestern University, and Anthem College. He is a writer and public speaker. He has experience in forensic accounting, fraud examinations, financial audits, internal audits, compliance audits, real estate valuations, business valuations, internal control development, business continuation planning, risk management, financial forecasting, and Sarbanes-Oxley compliance work. Dr. Minniti is an instructor teaching continuing professional education classes for the American Institute of Certified Public Accountants, Compliance Online, CPE Link/CCH . AccountingEd, Global Compliance Panel, Clear Law Institute, CPE Solutions, Canopy CPE, The Institute of Management Accountants, the National Association of Valuators and Analysts, the Association of Certified Fraud Examiners, the Institute of Internal Auditors, and various state CPA Societies.

About Company

Minniti CPA LLC

www.minniticpallc.com

MINNITI CPA LLC is seeking professional, hard-working, licensed CPAs with at least four years of experience.

The Firm demands independence, integrity, objectivity, competence and due care from all of its personnel in the conduct of its engagements. Our Firm is structured to provide leadership in achieving high quality professional performance while maintaining the concept of individual responsibility. Policies and procedures have been established providing assurance that professional engagements are properly planned and executed. Decisions are based on the substance of issues, not on form.

Our policies and procedures designate Partners of the Firm for consultation on significant ethical, technical and industry questions. The policies and procedures are designed to assure that clients receive the best professional services we can provide. We continually keep in mind the public interest. We expect our Partners and Associates to identify and resolve all important engagement issues.

The job requires high level tax preparation skills, superior tax research and problem solving abilities, broad software knowledge, and excellent written and oral communication skills. We have a team approach to provide high quality client service for tax compliance, planning, financial statements, and general business consulting.

Faq

FAQs content

To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
Polling feature Not supported: If you are logging in through browser or web portal in the browser (zoom.us) it doesn’t support the polling feature. Please be advised the current polling feature can only be supported via Zoom desktop and mobile app. You can check the same here : https://support.zoom.us/hc/en-us/articles/203749865-Polling-for-webinars
This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
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Ratings and Review

4.8

12 Ratings

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Sandra Myers, CPA (US)

Jun 4th, 2022

Love this instructor!! Enjoyed him. I am taking this class to partially satisfy my A & A requirement for FL CPA license. Retired from the State of Florida and was a governmental auditor, so was somewhat familiar with the content. Good update. I am now employed at a small firm and do tax returns. Wish he taught in that area. Like 2 hour CPE classes. It is very hard to sit for 4-8 hours for a CPE class.