School District Auditing and Reporting Seminar - Springfield - (6/7/2016)

Jun 07, 2016 10:00am -
Jun 07, 2016 03:00pm
(GMT-6)

Event Description

This session, which is targeted primarily for auditors of Illinois School Districts, will cover the following topics:

THE ANNUAL FINANCIAL REPORT (AFR): An overview of AFR changes and reporting issues identified by the Illinois State Board of Education (ISBE).

FEDERAL COMPLIANCE ISSUES: A discussion on the now-effective provisions of the Uniform Grant Guidance, including discussions on the required thresholds for a single audit, high risk vs. not high risk entity determination, and Type A and Type B program determinations.

COMMON AUDIT ISSUES: An update on the latest Illinois CPA Govt Report Review Committee comments and common ISBE compliance issues.

IMRF AND TRS AUDIT UPDATES: A discussion on the results of the 2015 implementation of GASB 68 and 71 by Illinois school district auditors from IMRF and impacts of changes in IMRF/TRS procedures for upcoming Illinois school district audits.

GASB AND SAS UPDATE: An update on GASB pronouncements and an update on pending changes to the auditing standards issued by the AICPA.

PD Clock Hours: 4
Designation Points: 4
CPE credits: 4

Registration & Refreshments: 9:30am - 10:00am
Program: 10:00am - 3:00pm
Lunch: 12:00pm - 12:45pm

Please contact Jennifer Corbin at (815) 753-9365 or jcorbin@iasbo.org by Tuesday, May 31 with any questions about this seminar or with any special dietary needs.

Due to changes in the Illinois State Board of Education professional development requirements, please be advised that you will be required to scan in to all professional development opportunities, in which credits are offered. Each attendee will also be required to fill out an evaluation summary in order to receive credit.

 


Event Type:Seminars
Category:Seminar
Early registration ends on Apr 10, 2016.
Regular registration starts on Apr 11, 2016 and ends on Jun 06, 2016.
Late registration starts on Jun 07, 2016.
(GMT-06:00) Central Time (US & Canada)

 

Downloadable Documents
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File Type Document Name
PDF SDA - 2016