NASACT, in conjunction with the Association of Government Accountants and the Association of Local Government Auditors, is pleased to announce the latest in its series of training events addressing timely issues in government auditing and financial management

Have you encountered problems implementing the provisions of the U.S. Office of Management and Budget’s Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance or UG)?  Are you prepared to conduct the FY 2016 Single Audit in accordance with its new provisions?
 
Originally published as a final rule in the Federal Register on December 26, 2013, governments and other recipients have been working diligently since that time to understand and implement the myriad of changes contained in the UG. This has been no small feat considering the UG represents the consolidation and combination of eight previously existing OMB Circulars.

This webinar will provide practical guidance on how two states, Maine and Virginia, have implemented the new requirements of the UG in two areas:
 
Administrative and Management Issues - Discuss the challenges of administering sub recipient awards under the new guidance, including complying with pre-award risk assessments, communicating all required data elements to sub recipients for reporting/disclosure, and monitoring and reporting on sub recipient performance. Additionally, participants will hear how Maine approached the task of readiness determination and awareness with federal program managers statewide.
 
Single Audit Issues - Discuss the differences between A-133 and UG for Major Program Determination and reporting requirements.  Learn how changes in Major Program Determination could potentially have a negative impact on the annual workload of state auditors in 2018 (the same year as the first national study of Single Audits under UG).  Additionally, participants will learn how Virginia, in light of these changes, is adjusting its testing in 2016 and 2017 to actively manage its workload to consistently provide quality Single Audits.

Date: Wednesday, May 18, 2016

Time: 11:00 - 1:00 p.m. Arizona Time

CPE: Two credits

Learning Objectives

At the conclusion of this webinar, participants will have learned: 

• How to effectively handle challenges of administering sub recipient awards under the new UG
• Applications for the task of readiness determination and awareness with federal program managers statewide
• Differences between A-133 and the UG for Major Program Determination and reporting requirements
• How to proactively adjust testing to manage workload for continued quality Single Audits in preparation for the upcoming changes

Level of Knowledge

Overview

Field of Study

Auditing/Governmental

Location 

Department of Administration
General Accounting Office
100 N 15th Avenue Suite 302

Please remember to bring your State of Arizona badge to gain access through security.
**You may bring your lunch if you wish. Currently the ADOA Building does not have a cafeteria.

Parking information

Please park on the lot north of the parking garage or the northeast corner of 15th Avenue and Adams. There are two disabled parking spaces in the visitor section of the garage and three disabled parking spaces in the northeast surface lot. These spaces are NOT restricted by the "2 hour visitor parking" signs.

Registration Information 

Space is limited, so reserve your place early

Registration

1. Visit YES at https://yes.az.gov
2. Sign in with your User Name (your Employee ID Number) and your Password.
3. Click on Employee Training under the “Home” tab in the leftmost column.
4. Click on Registration by Category under the “Employee Training” tab.
5. Click on GAO Training & Events, under “Categories”.
6. Click on the course GAONASACT, under "Courses".
7. Click on session number “4”, under "To Register, Select a Session”

CPE: Two credits

The National Association of State Auditors, Comptrollers and Treasurers is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.  Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

Please share this program announcement with others in your agency. Please be advised that this presentation may have limited interest and applicability to some State agencies. It is being offered to all State agencies as an opportunity for their employees to gain Continuing Professional Education (CPE) at no cost. Attendance is voluntary.