CPAR GOV - Auditing Practice

CPAR GOV/NFP - Vol. 2018 - No. 1 - 02 - New Audit Challenges: From FASAB to DoD

Course Overview
On the one hand, with the enactment of an omnibus budget bill, federal financial executives are able to focus on the policies and priorities of the new Administration. On the other hand, there is substantial new guidance from the Federal Accounting Standards Advisory Board that must be implemented at the same time as the first department-wide audit in DoD history is being conducted. Jeffrey Green, a partner in the firm of Kearney & Company, brings us up-to-date on the pressing issues that agencies and their auditors are currently facing.

Learning Objectives:

Upon successful completion of this segment, you should be able to:

  • Identify the key elements of the Consolidated Appropriations Act of 2018;
  • Recognize the issues involved in government entities producing auditable financial data from legacy systems;
  • Identify the major implications of FASAB's proposed amendment of the SFFAS on “Managerial Cost Accounting Standards and Concepts”; and
  • Recognize the value of an audit.

Prerequisites/Advanced Preparation:

Work experience in governmental accounting or auditing, or an introductory course in governmental auditing.

Speaker / Author:

CPAR Government/Not-For-Profit
SmartPros Ltd. is a leader in online and offline continuing education for accounting, finance and engineering professionals. With over 2,000 hours of content, SmartPros has been providing mandatory continuing education products since 1981. SmartPros provides services and content to its professional and corporate clients, in a variety of media including Web, CD-ROM, and video. In the accounting market, SmartPros also has a predominant news and information portal which receives 200,000+ visits per month and provides services to over 100,000 subscribers. SmartPros' customers include 50% of the Fortune 500, as well as the major firms and associations in each of its professional markets.

Price (USD)

Standard: $69.90


Course Code : CPAR1328-FM

Length : 1hr 40min
Course Level : Update
Course Type : Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Auditing - Governmental

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