Pennsylvania School District Conference Agenda

7:50 a.m.

Conference Opens

8:00 a.m.

1-EthicsEthics - Auditor Independence

1-A&AOverview of Uniform Guidance and the Single Audit Process

• Basics of the single audit process
• Risk-based approach
• Grant requirements vs. Compliance requirements

9:40 a.m. 

Morning Break

9:50 a.m.

1-A&AGASB Update

• Statement No. 99, Omnibus 2022
• Statement No. 100, Accounting Changes and Error Corrections
• Statement No. 101, Compensated Absences
• Statement No. 102, Certain Risk Disclosure

1-A&ASchool Auditors: What Would It Look Like to Have a State Single Audit?

Lunch Break

1-A&APennsylvania Department of Education Update

• Updates from USDE
• Late liquidation/liquidation extension
• Sustainability of ESSER programming

1-A&A2024 Government Audit Quality Center Update

• Review the current state of the single audit environment
• Provide technical updates from the AICPA, GAO and single audits
• Identify technical resources from the AICPA and GAQC

Afternoon Break

2:10 p.m.

1-A&AFraud + School Districts

• The ramifications of these frauds on our audits
• Consider evolving audit standards related to fraud including from the Public Company Accounting Oversight Board, the International Auditing & Assurance Standards Board, and the AICPA Audit Standards Board

3:00 p.m.

1-A&ASchool Law and Its Impact on the Financial Statements

• Taxation
• Investments
• Debt
• Purchasing