CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.

COVID-19 Issues for Government Accountants and Auditors

COVID-19 Issues for Government Accountants and Auditors

2 Credits

$40

Subject Area

Accounting & Auditing (Govt.)

Webinar Qualifies For

2 CPE credit of Accounting & Auditing (Governmental) for all CPAs

2 CPE credit for Certified Management Accountants (CMA)

2 CPE credit for Certified Internal Auditors (CIA)

2 CPE credit for Certification in Risk Management Assurance (CRMA)

2 CPE credit for Certified Government Auditing Professional (CGAP)

2 CPE credit for Internal Audit Practitioner (IAP)

2 CPE credit for Qualification in Internal Audit Leadership (QIAL)

2 General Educational credit for Tax Professionals / Bookkeepers / Accountants

You need to register for the webinar to watch the video.

Click Here to Register

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

Overview

  • Government Auditing
    4 mins
  • State Spending - Source of Funds
    23 mins
  • Review of General Government Risks
    29 mins
  • Unemployment Program Issues
    45 mins
  • Quarantine & Shutdown Issues
    61 mins
  • Cybersecurity Risk Factors
    73 mins

Course Description

The coronavirus pandemic has presented state and local governments and their auditors with many significant changes and challenges that may need to be addressed in governments’ financial statements.

With the onset of the COVID-19 virus and the shutdown of the worldwide economy government accountants and auditors face many new challenges and issues. New issues include reduced tax revenue, benefits fraud, employees working remotely, quarantines, increased expenses, social distancing, remote audit work, etc. This online continuing education course is designed to review new issues that have occurred because of the COVID-19 pandemic and discuss ways to address the issues.

Work-from-home adjustments have led to changes in operations and internal controls. Tax payment deadline delays may have been provided, changing the timing of governments’ revenue receipts, and the general economic downturn has led to revenue shortfalls, valuation challenges, and numerous compliance concerns.

Risk assessments are likely to be significantly affected in the changing environment. “Because of shutdowns and government employees working remotely, auditors are going to have to consider the effect that any changes in the government’s internal controls will have on the risk of material misstatement. Auditors of state and local governments should also consider risks related to the influx of federal funding relating to the CARES Act, both as it relates to the financial statement audit and to single audits performed.

Major topics covered in this online CPE webinar:

  • Government Accounting & Auditing.
  • COVID-19 issues.
  • The Crisis's Impact on Budgets.
  • Revenue Issues.
  • Review of General Government Risks.
  • Education Issues.
  • Unemployment Program Issues.
  • Expanded Unemployment Benefits.
  • Unemployment Fraud.
  • Federal Paid Leave for COVID-19.
  • Quarantine & Shutdown Issues.
  • Medical Issues.
  • Medicare Frauds.
  • Cybersecurity Risk Factors.
  • Federal County Priorities in Response to COVID-19.
  • COVID-19 Frauds.


In this online CPE course, you will learn what best practices are emerging among government accountants and auditors, and how to adapt these best practices to your organization’s circumstances so you can implement them effectively and efficiently.

Learning Objectives

  • To identify issues and opportunities for government accountants and auditors related to the COVID-19 pandemic.
  • To recognize which individuals generally qualify for extended unemployment coverage.
  • To discuss examples of activities used to gain personal or business information.

Who Should Attend?

  • Accountant
  • Accounting and audit managers/practitioners
  • Accounting Firm
  • Accounting Managers
  • Accounts Director
  • Auditors
  • CEO
  • Certified Management Accountant
  • Certified Public Accountant
  • CFO/Controller
  • Chief Accounting Officer
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Forensic Accountant
  • Forensic Auditor
  • Risk Managers
  • Senior Accountant
  • Staff of Accounting Firm
  • VP Accounts
  • Young CPA