AUGUST 2010 CPE CLASSES
Click
here for August 2010 Registration Form
PLANNING
AN AUDIT YELLOW BOOK STYLE
Monday,
August 30th, 2010
8 Hours CPE
8:00am – 4:00 at the Camino
Real Hotel
Registration at 7:30am
Planning
an Audit Yellow Book Style
The GAO has very specific instructions regarding audit planning.
In this seminar, learn how the GAO customizes its audit directives
for government auditors. Risk assessment, objective setting,
and methodology selection are emphasized. We will review the steps
involved in conducting a governmental audit under GAGAS standards
and concentrate on the steps critical to the success of a
governmental audit.
Objectives:
-
Describe yellow book (GAGAS) audit
requirements
-
Breakdown the steps in the governmental
auditing process
-
Explain the planning standards and how to
comply
-
Discern which risk assessment models and
documentation methods can help you comply with the standards
-
Set clear objectives and subobjectives
-
Create actionable audit program steps to
minimize fieldwork
-
Describe the steps of planning an audit
-
Breakdown a broad audit subject
-
Use the concept of stop-and-go auditing to get
the most bang for your buck
-
Design robust methodologies
Intended Audience: Auditors and
monitors of governmental funds and programs who need to understand
how to apply governmental auditing standards to their work and
recipients of governmental funds who undergo auditing or monitoring
from an oversight or granting agency.
Program level: Intermediate
Prerequisites: Yellow Book Auditing
Standards course or equivalent
Delivery method: Group live
Speaker:
Leita Hart-Fanta, CPA, CGFM, CGAP
(click on name for bio)
GOVERNMENT
FINANCIAL STATEMENT ANALYSIS
Tuesday,
August 31st, 2010
8 Hours CPE
8:00am – 4:00 at the Camino
Real Hotel
Registration at 7:30am
Government Financial Statement Analysis
To say that the financial statements of governments are complex is
an understatement. A CAFR has several layers and utilizes
several accrual methods. Which information is worth focusing on to
determine the government’s health? In this session, we will
discuss the key differences between proprietary accounting and
governmental accounting and then dig in and run some ratios to
diagnose financial issues. This course assumes that the
participant has a working understanding of balance sheets, income
statements, and cash flow statements.
Leita Hart-Fanta, CPA, CGFM, CGAP demystifies governmental
accounting and budgeting. She is the author of Accounting
Demystified, The Four Principles of Happy Cash Flow, The
Yellow Book (Government Auditing Standards) Interpreted, and Introduction
to Government Accounting.
Objectives:
-
Describe governmental fund types and financial
statement layers
-
Use key financial statements to tell a story
about the financial health of an organization
-
Apply cost terminology including variable,
fixed, indirect, and direct costs
-
Apply four principles to increase the cash
flow of the government
-
Determine a decision’s impact on fund
balance and cash
-
Extract the information you need from the
organization’s financial reports
-
Interpret key financial metrics and discuss
how to impact them
Intended Audience:
Non-financial professionals AND financial professionals who want to
improve communications with their customers.
Program level: Intermediate
Prerequisites: Understanding of the
three key financial statements – balance sheet, income statement,
and cash flow statement. Preferable knowledge of governmental
fund types.
Delivery method: Group live
Speaker:
Leita Hart-Fanta, CPA, CGFM, CGAP
(click on name for bio)
Upcoming
El
Paso Chapter-Sponsored Classes
December
2, 2010: 8-Hour CPE Income Tax Update with Tim O'Shaughnessy
December
3, 2010: 4-Hour CPE Estate Tax with Gene Wolf and Allan Goldfarb
December
3, 2010: 4-Hour CPE Estate Planning with Gene Wolf and Allan
Goldfarb
