Agenda

GENERAL SESSION

LAUNCH GENERAL SESSION
8:30 AM – 9:25 AM
KEYNOTE PRESENTATION: GASB Update
The conference will kick-off with need-to-know information on governmental accounting and reporting issues that have addressed or currently are being addressed by the Governmental Accounting Standards Board (GASB).
David Bean – CEO and Former GASB Director, Governmental Accounting Research, LLC, Springfield, IL
Credits: 1.0 AA

1:10 PM – 2:00 PM
KEYNOTE PRESENTATION: How to Solve Your Client’s Complex Problems Using the Revised Uniform Guidance
Whether you are a grants manager overseeing sub-recipients for a state, municipal, or local government, part of a university or hospital, an auditor performing a Single audit, or a recipient of pass-through funds on a Federal grant or cooperative agreement, disputes between the Pass-Through-Entities (PTEs) and their sub-recipients are going to happen. Inevitably, there will be disagreements based on differing interpretations of the revised Uniform Guidance as it applies to the administration of grants and cooperative agreements. Learn an approach for solving problems from the public accountant’s perspective as they consult with their sub-recipient client. However, this method would also work for a PTE grants administrator or auditor in order to support their position with the goal of resolution.
Paul H. Calabrese – Principal, Outsourced Accounting & Advisory Services, GRF CPAs & Advisors, Washington, DC
Credits: 1.0 AA

LAUNCH CHANNEL ONE

CHANNEL ONE

9:35 AM – 10:25 AM
A Who’s Who of Your Financial Reporting Entity?
Any entity associated with a primary government is a potential component unit, which means all are subject to evaluation and potential reevaluation for inclusion in the financial reporting entity. Entities are continually being created, acquired, modified, disposed, and dissolved.
David Bean – CEO and Former GASB Director, Governmental Accounting Research, LLC, Springfield, IL
Credits: 1.0 AA

10:35 AM – 11:25 AM
On the State of Education – School Districts
Federal and state aid continues to make its way to Michigan school districts. Find out what types of funding are on the table in 2023, review the latest expectations for auditing and reporting as well as the most recent changes to School Accounting and Auditing Manuals and other breaking news in education.
Philip Boone – Assistant Director, State of Michigan Department of Education, Lansing
Caitlin Hengesbach, CPA – Audit Manager, State of Michigan Department of Education, Lansing
Christopher May, CGFM – Financial Specialist, State of Michigan Department of Education, Lansing
Kevin Walters – Supervisor, Office of School Support Services, State of Michigan Department of Education, Lansing
Credits: 1.0 AA

11:35 AM – 12:25 PM
The Secret Sauce for Audit Sampling
Designing an effective audit for major programs within a single audit sometimes requires a bit of sampling. Find out what considerations should be weighed when taking a sample in a single audit as well as key concepts for sample selection. Plus, evaluate sample results and discover their impacts on the opinion on compliance and other conclusions.
Daniel J. Gould – Assurance Manager, Plante Moran, East Lansing
Melissa L. Stein – Assurance Manager, Plante Moran, Southfield
Credits: 1.0 AA

2:10 PM – 3:00 PM
Your Guide to Subrecipient Monitoring
Guidance for subrecipient monitoring was updated in 2020, securing its position as a critical requirement to ensure pass-through entities (PTE) remain compliant with certain federal programs. Walk away from this session with a clear understanding of the difference between sub-awards and contracts, PTE responsibilities, the role sub-award agreements play in sub-recipient compliance and more.
Paul H. Calabrese – Principal, Outsourced Accounting & Advisory Services, GRF CPAs & Advisors, Washington, DC
Credits: 1.0 AA

3:10 PM – 4:00 PM
Pandemic Accounting: Revenue Recognition (Reporting and Auditing)
The American Rescue Plan Act (ARPA) of 2021 assigned $350 billion of funds to state and local governments. Review best practices for reporting and auditing funds associated with both the Provider Relief Fund and ARPA, as well as how to avoid common auditing traps. Plus, take note of the necessary related disclosures.
Joe Donovan – Assurance Senior Manager, Plante Moran, Grand Rapids
Steven Pochini – Assurance Manager, Plante Moran, Ann Arbor
Credits: 1.0 AA

4:10 PM – 5:00 PM
Accounting for Health & Nutrition
The Michigan Office of Health and Nutrition Services oversees the various child and adult care food programs within the state. From balancing health to balances in excess funds, prepare for an update on departmental activities. Plus, gain insight into the latest resource management reviews and administrative review findings.
Tanea Curtis Brooks – Financial Analyst, Michigan Department of Education, Lansing
Dawn Madison – Department Analyst, School Nutrition Programs, Michigan Department of Education, Lansing
Brenda Sweatman – Financial Analyst, Michigan Department of Education, Lansing
Credits: 1.0 AA

LAUNCH CHANNEL TWO

CHANNEL TWO

9:35 AM – 10:25 AM
Acts Discreditable: A Powerful Ethics Rule that Isn’t Really About Ethics
Ethics is often described in terms of doing the right thing and having integrity. The Acts Discreditable Rule of the AICPA Code of Professional Conduct is the shortest and simplest of all rules, and the only rule that applies to retired or nonworking CPAs. It is also the most all-encompassing of all the AICPA ethics rules. But is it even “ethics” as such? This workshop explores the idea of ethics in the context of this simple rule.
Albert D. Spalding, CPA, JD, PhD – Associate Professor Emeritus, Wayne State University, Detroit
Credits: 1.0 ET

10:35 AM – 11:25 AM
On Notice: MI Treasury Developments
Some of the latest Michigan Department of Treasury updates include changes to forms, submission procedures, numbered letters and more. Review the Treasury developments most impactful to the profession, including those made to accounting and auditing manuals and Public Act 202.
Michael Forward, CPA – Audit Manager, Michigan Department of Treasury, Lansing
Credits: 1.0 AA

11:35 AM – 12:25 PM
On the State of Education – School Districts (Second Offering)
Federal and state aid continues to make its way to Michigan school districts. Find out what types of funding are on the table in 2023, review the latest expectations for auditing and reporting as well as the most recent changes to School Accounting and Auditing Manuals and other breaking news in education.
Philip Boone – Assistant Director, State of Michigan Department of Education, Lansing
Caitlin Hengesbach, CPA – Audit Manager, State of Michigan Department of Education, Lansing
Christopher May, CGFM – Financial Specialist, State of Michigan Department of Education, Lansing
Kevin Walters – Supervisor, Office of School Support Services, State of Michigan Department of Education, Lansing
Credits: 1.0 AA

2:10 PM – 3:00 PM
Budgeting Techniques and Strategies for the Upcoming Fiscal Cliff
New budgeting standards could impact that way schools plan their fiscal year. Unpack the fundamentals of the new standards as well as everything you need to succeed at zero-based budgeting and avoid approaching a fiscal cliff.
Pete Basile, CPA – Chief Financial Officer, Lake Shore Public Schools, Saint Clair Shores
Paul Soma – Director, Raymond James Michigan Public Finance, Traverse City
Credits: 1.0 AA

3:10 PM – 4:00 PM
Model Accounting: Compensated Absences
New guidance published by the Governmental Accounting Standards Board (GASB) in June 2022 included a unified model when accounting for Compensated Absences and eased the burden of disclosure. We breakdown the GASB guidance, including how to adhere to its model, how disclosures are impacted and why government institutions should begin adoption sooner than later.
Daniel Beard, CPA – Manager, Yeo & Yeo, Ann Arbor
Michael L. Rolka, CPA, CGFM – Senior Manager, Yeo & Yeo CPAs and Advisors, Auburn Hills
Credits: 1.0 AA

4:10 PM – 5:00 PM
Pandemic Accounting: Revenue Recognition (Reporting and Auditing) (Second Offering)
The American Rescue Plan Act (ARPA) of 2021 assigned $350 billion of funds to state and local governments. Review best practices for reporting and auditing funds associated with both the Provider Relief Fund and ARPA, as well as how to avoid common auditing traps. Plus, take note of the necessary related disclosures.
Joe Donovan – Assurance Senior Manager, Plante Moran, Grand Rapids
Steven Pochini – Assurance Manager, Plante Moran, Ann Arbor
Credits: 1.0 AA

Technical Difficulties? Use the chat function on the right to get help, or you may call (785) 274-9105.
(Please leave a message if we are busy helping others.)