Agenda

GENERAL SESSION

LAUNCH GENERAL SESSION
8:35 AM – 9:25 AM
KEYNOTE PRESENTATION: Beyond the Horizon: Looking Ahead for Governmental Accounting & Auditing
From new tech to new standards, take a high-level glance at the top issues in governmental accounting and auditing for 2024. Plus, review the latest and upcoming updates from the Governmental Accounting Standards Board (GASB) and the Generally Accepted Government Auditing Standards (GAGAS).
Daniel W. Bradley, CPA – Principal, Young, Oaks, Brown & Co., P.C., Altoona, PA
Credits: 1.0 AA

LAUNCH CHANNEL ONE

CHANNEL ONE

9:35 AM – 10:25 AM
Moving the Dial on Internal Controls
The overall focus on audit quality will persist throughout 2024, and testing of internal controls will be an integral component. Review the top strategies for testing internal controls, most common auditor findings and other audit standard quality issues.
Daniel W. Bradley, CPA – Principal, Young, Oaks, Brown & Co., P.C., Altoona, PA
Credits: 1.0 AA

10:35 AM – 11:25 AM
Common Issues with GASB 87 & 96
Still in their early adoption year, Governmental Accounting Standards Boards (GASB) standards 87 and 96 present new challenges, from gathering documentation on leases (GASB 87) to determining which third-party technologies count as a subscription-based information technology arrangement. Evaluate lessons learned in order to determine best implementation practices.
Mathieu Dubé, CPA – Controller, Matix Human Services, Detroit
Joseph M. Verlin, CPA, CGFM – Principal in Charge of Audit Services, Gabridge & Company PLC, Grand Rapids
Credits: 1.0 AA

11:35 AM – 12:25 PM
Healthy Practices for Child Nutrition Program Audits
Auditing federal funding to school districts includes a range of programs, each with their own set of nuances and compliance requirements. Determine best practices when preparing for a Child Nutrition Program audit, including challenges, pending updates and common findings from the past year’s compliance reviews.
Taneá Curtis Brooks – Financial Analyst, Fiscal and Administrative Services, Michigan Department of Education, Lansing
Stacey Lamper-McFall – Financial Analyst, Fiscal and Administrative Services, Michigan Department of Education, Lansing
Emily Mattern, MA, RD, SNS – Interim Supervisor, School Nutrition Programs, Michigan Department of Education, Lansing
Credits: 1.0 AA

1:10 PM – 2:00 PM
A Closer Look at SAS 142-145
Using Statement on Auditing Standards (SAS) Nos. 142 – 145, thoroughly examine an entity’s internal control system and risk for material misstatement. Plus, apply SAS No. 145 to interpret significant risk assessment-related changes.
Chris Gilbert, CPA – Assurance Manager, Plante Moran, Flint
Credits: 1.0 AA

2:10 PM – 3:00 PM
Is Your Audit Quality on Par?
Quality issues continue to be noted during peer reviews and federal QCRs. The issues impact both financial statement engagements and single audits. This session will elevate your understanding of those quality concerns but, more importantly, help you address these issues.
Daniel Gould, CPA – Assurance Manager, Plante Moran, East Lansing
Tiffany Stacey, CPA – Principal, Plante Moran, East Lansing
Credits: 1.0 AA

3:10 PM – 4:00 PM
Avoiding a School Funding Cliff
As we near the end of Elementary and Secondary School Emergency Relief funds, which were provided to schools during the pandemic, many districts find themselves facing a funding cliff. Discuss the imminent budgeting issues associated with these diminishing funds and how to approach them.
Piero A. 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

4:10 PM – 5:00 PM
On Auditing Michigan School Books (Second Offering)
So, how does a $17 million school budget shortfall happen? Investigate the latest issues surrounding Michigan school district audits while reviewing compliance supplements and guidance from the Michigan Department of Education.
Joey Winterstein, CPA – Senior Accountant, Yeo & Yeo, Saginaw
Credits: 1.0 AA

LAUNCH CHANNEL TWO

CHANNEL TWO

9:35 AM – 10:25 AM
On the Ethical Perspective of Fraud
In 2022, the Professional Ethics Executive Committee adopted new interpretations of Noncompliance with Laws and Regulations (NOCLAR). Review and unpack the responsibilities NOCLAR sets forth for accountants, including distinguishing between senior and non-senior professional accountants. Additionally, gain insight on how to detect and stop fraud.
Bethany A. Verble, CPA, CFE – Senior Manager, Maner Costerisan, P.C., Lansing
Credits: 1.0 ET

10:35 AM – 11:25 AM
On the Ethical Perspective of Fraud (Second Offering)
In 2022, the Professional Ethics Executive Committee adopted new interpretations of Noncompliance with Laws and Regulations (NOCLAR). Review and unpack the responsibilities NOCLAR sets forth for accountants, including distinguishing between senior and non-senior professional accountants. Additionally, gain insight on how to detect and stop fraud.
Bethany A. Verble, CPA, CFE – Senior Manager, Maner Costerisan, P.C., Lansing
Credits: 1.0 ET

11:35 AM – 12:25 PM
The Single Audit Finding Life Cycle
Communication between auditors and auditees should be fluid, especially when findings occur. Join our panel of experts for a discussion all about findings, including most common finds, how to draft them appropriately and, most importantly, how to communicate findings to management and the accounting team.
Marlene J. Beach, CPA, CFE, CVA – Principal, UHY LLP, Farmington Hills
Mathieu Dubé, CPA – Controller, Matix Human Services, Detroit
Christina LaVielle – Assurance Supervisor, Yeo & Yeo, Auburn Hills
Moderator: Peggy Jury, CPA, CGMA – Peer Review CPA on Staff, Michigan Association of CPAs, Troy
Credits: 1.0 AA

1:10 PM – 2:00 PM
There’s No Substitute for Compliance, but There Are Supplements
Following the issuance of a new 2023 Compliance Supplement by the Office of Management Budget (OMB), we review the 12 compliance requirements and take a closer look at what is new. Then, examine the key OMB compliance supplement components, including changes and how they are used in performing Single Audits.
Daniel Merritt, CPA, MBA, CGFM – Assurance Senior Manager, Rehmann, Detroit
Credits: 1.0 AA

2:10 PM – 3:00 PM
Meeting at the End of the ARPA Runway
This bill passed in 2021, and the first money went out the door in May 2021. Now, we are less than a year from the obligation deadline of December 31, 2024. If a municipality has not obligated its ARPA SLFRF funds by the end of 2024, they may have to return the funds to Treasury. Discuss the latest rulings from the Department of Treasury, how they impact municipalities and discuss the latest reporting requirements.
Marlene J. Beach, CPA, CFE, CVA – Principal, UHY LLP, Farmington Hills
Credits: 1.0 AA

3:10 PM – 4:00 PM
On Auditing Michigan School Books
So, how does a $17 million school budget shortfall happen? Investigate the latest issues surrounding Michigan school district audits while reviewing compliance supplements and guidance from the Michigan Department of Education.
Joey Winterstein, CPA – Senior Accountant, Yeo & Yeo, Saginaw
Credits: 1.0 AA

4:10 PM – 5:00 PM
Sampling in a Single Audit Environment
Do you know the ins and outs of sampling when it comes to your single audit engagements? There are some complex decisions and considerations involved. In this session, you’ll learn about the underlying sampling guidance from the AICPA GAS/Single audit guide which we’ll put into perspective through a variety of case studies.
Tara Synowiec, CPA – Assurance, Plante Moran, Southfield
Credits: 1.0 AA

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