2025 Local Governmental Accounting and Reporting Issues Seminar - Materials
Welcome to the 25th Anniversary of the Department of Audits and Accounts State Auditor Training Program’s 2025 Local Governmental Accounting and Reporting Issues Seminar.
Program Learning Objectives:
- Understand the definitions of significance levels noted in desk review results letters and how they relate to compliance status and eligibility for state grant funds.
- Understand what a sales ratio study is, why it is performed, how to interpret the computation report, and how each local government agency impacts the results.
- Be aware of the latest updates of auditing standards, Generally Accepted Government Auditing Standards (Yellow Book), and Uniform Guidance and Single Audit requirements.
- Be aware of important changes with GASB such as pronouncements in effect as well as a status report on GASB’s current technical agenda.
- Be aware of the reasons why some findings are reported by the auditor and others are not reported.
- Understand the types of reporting issues that may relate to audit findings and possible solutions for problems.
- Be aware of how the more important considerations, including control weaknesses, are noted during risk assessments (or walkthroughs of controls).
A Program Materials:
Presentation Materials
Day 1 Morning Session
Session A – Annual Local Government Audit Reports
Session B – Common Reporting Issues (September In-Person Only)
Session B – Research Reporting Requirements (October Virtual and November Virtual)
- Hotel / Motel Tax Presentation PowerPoint
- Hotel / Motel Tax Presentation PDF
- DCA Compliance Presentation DG PowerPoint
- October 22 – DCA Compliance Presentation PowerPoint
- Planning Research GeoAnalytics Presentation PowerPoint
Session C – Georgia Legislative Updates
- 2025 DOAA Annual Local Government Financial Reporting PowerPoint
- ACCG DOAA Training PowerPoint
- ACCG DOAA Training-AV PowerPoint
Session D – 100% Equalized Adjusted Property Tax Digest
Day 1 Afternoon Session
Session E – SAS 145 & Risk Assessment
- SAS 145 & Risk Assessment PowerPoint
- Q and A on Risk Assessment Part 1 PDF
- Q and A on Risk Assessment Part 2 PDF
Session F – Yellow Book/GAGAS Update
Session G – Single Audit/Uniform Guidance Update
- UG and Single Audit Standards Update 2025 PowerPoint
Day 2 Morning Session
Session H – GASB Update
Day 2 Afternoon Session
Session I – Common Audit Findings for Counties and Municipalities
Session J – Important Considerations Affecting Audit Opinions
- Risk Assessment – DOAA Training PowerPoint
Session K – Common Reporting Issues for Counties and Municipalities Panel