2024 Training Schedule

Each session is structured to provide practical, real-world insights into the unique challenges faced by accountants and auditors. Whether you’re sharpening your expertise or preparing for new responsibilities, this program offers the tools and strategies necessary to ensure accuracy, accountability, and transparency in your work.

DAY ONE

Registration 7:30 AM – 8:30 AM

Continental Breakfast (Tifton ONLY) 8:00 AM – 8:30 AM

Announcements 8:30 AM – 8:35 AM

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Session A

8:35 AM – 9:25 AM

Focused Discussions on Reporting Issues From the DOAA Local Government Desk Review Team

Discussions will focus on common reporting issues cited during local government desk reviews. Focus areas will include auditor’s reports, American Rescue Plan Act (ARPA) reporting, and lease reporting. This session will also highlight recent changes in immigration compliance reporting as well as the importance of the local government reporting noncompliance listing.

Field of Study: Accounting (Governmental)
50 CPE minutes / 1 CPE

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Session B

9:25 AM – 10:15 AM

GEFA Funding – Finance 101

We will discuss at a high level the underwriting process and the requirements of obtaining GEFA funding, i.e., importance of having audits and significance of the noncompliance list and how it affects eligibility of obtaining a loan from us.

Field of Study: Accounting (Governmental)
50 CPE minutes / 1 CPE

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Break 10:15 AM – 10:30 AM

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Session C

10:30 AM – 11:20 AM

Joint Session: DCA Research Reporting Requirements and DOAA – 100% Equalized Adjusted Property Tax Digest (also Known as the Sales Ratio Study)

This session will begin by describing reporting requirements to DCA’s Research Office such as certain survey programs affecting funding opportunities and how hotel-motel tax spending and reporting requirements relate to a local government’s audit. Participants will learn about the relationship between DCA and the Uniform Chart of Accounts (UCOA). The second portion of the joint session will be discussions of the primary purpose of equalizing the property tax digest and its impact on school funding as well as other impacts on local governments. The goal of this portion is to provide an understanding of what a sales ratio study is, why it is performed and how to interpret the computation report.

Field of Study: Accounting (Governmental)
50 CPE minutes / 1 CPE

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Session D

11:20 AM – 12:10 PM

ABSTRACT – Seeing is Believing – Visualization Technologies are Indispensable in Government Services

That’s why visualization technologies—particularly geospatial tools—are indispensable in government services. Leveraging these technologies enhances accountability, planning, decision-making, economic development, citizen services, and public safety. Join us for an insightful session with the Georgia Geospatial Information Office, where we will explore the state’s efforts to integrate geospatial technologies into government operations.

Field of Study: Information Technology
50 minutes or 1 CPE

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Lunch 12:10 PM – 12:55 PM

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Session E

12:55 PM – 2:35 PM

GASB Update – 2024 Changes to GAAP Financial Reporting and Beyond

This session will focus on important changes in generally accepted accounting principles (GAAP) that are required to be implemented in 2024 for Georgia governments. Those financial reporting standards include day-two issues associated with leases, subscription-based information technology arrangements, and public private partnerships; accounting changes; and authoritative implementation guidance. In addition, recently issued standards on accounting changes and error corrections, compensated absences, risk disclosures, and the new financial reporting model improvements will be covered, with an emphasis on implementation planning. Finally, a status report will be provided on the Governmental Accounting Standards Board’s current technical agenda, including revenue and expense recognition, infrastructure assets, and note disclosures.

Field of Study: Accounting (Governmental)
200 minutes or 4 CPE

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Break 2:35 PM – 2:50 PM

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Session E (continued)

2:50 PM – 4:30 PM

GASB Update – 2024 Changes to GAAP Financial Reporting and Beyond

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Closing Remarks 4:30 PM – 4:35 PM

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DAY TWO

Registration 7:30 AM – 8:30 AM

Continental Breakfast (Tifton ONLY) 8:00 AM – 8:30 AM

Announcements 8:30 AM – 8:35 AM

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Session F

8:35 AM –  9:25 AM

GASB Update – 2024 Changes to GAAP Financial Reporting and Beyond (conclusion)

This session will focus on important changes in generally accepted accounting principles (GAAP) that are required to be implemented in 2024 for Georgia governments. Those financial reporting standards include day-two issues associated with leases, subscription-based information technology arrangements, and public private partnerships; accounting changes; and authoritative implementation guidance. In addition, recently issued standards on accounting changes and error corrections, compensated absences, risk disclosures, and the new financial reporting model improvements will be covered, with an emphasis on implementation planning. Finally, a status report will be provided on the Governmental Accounting Standards Board’s current technical agenda, including revenue and expense recognition, infrastructure assets, and note disclosures.

Field of Study: Accounting (Governmental)
50 minutes or 1 CPE

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Session F (continued)

9:25 AM – 10:15 AM

Single Audit Update The Never-Ending Era of Pandemic Funding

In what seems to be an eternal cycle, the era of pandemic funding continues with not only new federal programs continuing to pop up related to new funding, but now proposed UG revisions are also in the works. In this short session, we will look at what’s new, plus what’s old but still being treated as new.

Field of Study: Auditing (Governmental)
75 CPE minutes / 1.5 CPE

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Break 10:15 AM – 10:30 AM

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Session F (continued)

10:30 AM – 10:55 AM

Single Audit Update The Never-Ending Era of Pandemic Funding 

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Session F (continued)

10:55 AM – 12:10 PM

Audit Standards Update So Much for the Idea of a Super SAS

Well, the days of having just one Statement on Auditing Standards (SAS) to follow are pretty much over, with 149 SASs now in play. This session will look at some of the more recent SAS issuances, but also look at recent updates regarding Government Auditing Standards (Yellow Book).

Field of Study: Auditing (Governmental)
75 CPE minutes / 1.5 CPE

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Lunch 12:10 PM – 12:55 PM

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Session G

12:55 PM – 1:20 PM

Audit Standards Update So Much for the Idea of a Super SAS (conclusion)

Field of Study: Auditing (Governmental)
25 CPE minutes / .5 CPE

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Session G (continued)

1:20 PM – 2:35 PM

Update on New AICPA Quality Management Standards

If you are a practitioner in public practice, it won’t matter if you only do SAS work, SSARS work or SSAE work, these new standards will affect you. This session will take a closer look at the requirements for all practitioners performing work in public practice, and a review of the time deadlines for each required piece of the standards.

Field of Study: Auditing (Governmental)
100 CPE minutes / 2 CPE

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Break 2:35 PM – 2:50 PM

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Session G (continued)

2:50 PM – 3:15 PM

Update on New AICPA Quality Management Standards (continued)

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Session G (continued)

3:15 PM – 4:30 PM

Miscellaneous Topics of Interest

In this session, we will review any new or old items of interest in the governmental accounting and auditing profession that didn’t exactly fit in any of the other sessions. We could take a closer look the accounting requirements for various account balances, such as capital assets, or for certain transaction classes, such as non-service revenues, along with a few others. Also, any hot topics in the accounting and auditing profession could be discussed here.

Field of Study: Auditing (Governmental)
75 CPE minutes / 1.5 CPE

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Closing Remarks  4:30 PM – 4:35 PM