Pennsylvania School District

conference 2019

May 30, 2019
Crowne Plaza Valley Forge, King of Prussia

7:45 a.m.-4:00 p.m.
CPE Credits: 8-A&A

PICPA Member: $329  -  Nonmember: $429

In this conference you will:

  • Stay ahead of the game: interpret impending and new GASB standards.
  • Understand changes to the independence standard in the revised Yellow Book.
  • Create procedures to avoid common deficiencies found in the single audit.
  • Develop value-add strategies to improve the benchmarking process.
  • Examine the implications of recently enacted pension reform bills.
  • Incorporate data analytics to increase audit efficiency.

Yellow Book Credits:   
Sessions with this icon   k   qualify for Yellow Book credits. Determinations of the sessions that qualify for the Yellow Book 24-hour requirement are made on an auditor-specific basis depending on the auditor’s Yellow Book clients.

CEUs:  This conference has been submitted for 3 credits under the PASBO Professional Education Program.
"This conference helps us stay ahead of upcoming changes by GASB, PDE and other areas that affect our day-to-day job functions."

Joyce Humphrey, CPA
Assistant Director of Finance
Chester County Intermediate Unit

Conference Agenda

7:15 a.m.
 
Breakfast and Check-in
7:45 a.m.
 
Greetings from PICPA Leadership
8:00 a.m.
 
NEW
1-A&A
Legislative Update
  • Two of the hottest topics in Harrisburg over the last few years are pension and property tax reform. In this session you’ll learn:
    • Implications of recently enacted Act 5 of 2017, the latest in a series of pension reform bills approved by the Pennsylvania General Assembly
    • Potential effects of property tax reform proposals on Pennsylvania school districts
    • Efforts in pension and property tax reform

Speaker

cpamember 
Matthew Malinowski Lentz
Business Manager/Board Secretary
Upper Moreland School District
8:50 a.m.
 
k  
1-A&A
Single Audit Survival Tips 
  • Although the dust has settled following the issuance and implementation of the Uniform Grant Guidance, the single audit continues to be a dynamic area for school district management and auditors. This session will help you avoid some of the common problems as well as some tips and tricks to keep ahead of upcoming changes, including:
    • How to use the current compliance supplement
    • Methods to evaluate your program for compliance with federal grant requirements
    • Steps to properly document your compliance with federal grant programs
    • Ways to avoid common single audit findings

Speaker

AnthonyRapp 
Anthony W. Rapp, CPA, CFE, CGMA
Manager
Maillie LLP
9:40 a.m.
 
Take a Breather
9:55 a.m.
 
k  
2-A&A
GASB Update
  • Current and pending GASB pronouncements.
  • Develop a proactive approach to ease any potential implementation issues
    • GASB 84: Fiduciary Activities Standard
    • GASB 87: Leases Standard
    • GASB 89: Accounting for Interest Incurred before the End of a Construction Period
  • Major changes in recent years and lessons learned
    • Perspectives from both the auditor and the school district employee
  • GASB preliminary views: Financial Reporting Model
  • Other upcoming projects

Speakers

Chris Turtell Headshot 
Christopher M. Turtell, CPA
Partner-Accounting and Auditing Services
Herbein + Company, Inc.
DaveNester 
David L. Nester, CPA
Business Administrator
Pottsgrove School District
11:35 a.m.
 
Lunch
12:25 p.m.
 
NEW
k  
1-A&A
The New Yellow Book Standards
  • Examine the recent updates in the 2018 revision of The Generally Accepted Government Auditing Standards, the Yellow Book. These new standards provide a framework for performing high quality audit work with independence. This session will demonstrate examples of how:
    • Expansion of the independence standard and how auditors should respond to threats, plus related documentation requirements
    • New performance audit standards for when internal control is significant to audit objectives
    • Standards providing the foundation for government auditors to establish independence, transparency, accountability, and quality through the audit process
  • Updated peer review standards
  • Yellow Book’s reformatting as it relates to requirements versus application guidance

Speakers

cpamember 
Daniel Bradley, CPA
Principal
Young, Oakes, Brown & Company, P.C.
1:15 p.m.
 
NEW
1-A&A
The Business of Benchmarking
  
  • Common areas of benchmarking in school finance
  • Drilling down the many sources of data that exist
  • Live links to troves of data
  • Steps to appropriately benchmark
  • Value-add strategies to improve the benchmarking process
  • Valuable perspectives on why your clients are benchmarking

Speakers

cpamember 
Timothy J. Shrom, PhD, PCSBA
Director of Research
Pennsylvania Association of School Business Officials
cpamember 
Andrew L. Armagost, PhD
Research and Advocacy Manager
Pennsylvania Association of School Business Officials
2:05 p.m.
 
Take a Breather
2:20 p.m.
 
k  
1-A&A
Pennsylvania Department of Education Update
 
  • Charter schools, funding issues, and mandatory financial disclosures
  • Every Student Succeeds Act (ESSA): implementation tips
  • Inside look at what’s happening at the Pennsylvania Department of Education
  • New programs
  • New grants

Speakers

cpamember 
Susan McCrone
Chief
Pennsylvania Department of Education, Division of Federal Programs
Matthew Wildasin 
Matthew S. Wildasin, CPA
Principal
Boyer & Ritter LLC
3:10 p.m.
 
1-A&A
Data Analytics for Auditors

 

  • Benefits and challenges of data analytics, both today and in the future of auditing
  • How data analytics can help auditors gain greater insight into their clients’ business operations and improve the ability to evaluate large quantities of data quickly
  • How data analytics can improve the efficiency of the audit process, while maintaining compliance with GAAS

Speakers

Bernard_Amanda 
Amanda J. Bernard, CPA, CFE, CMA
Principal
Maillie LLP
4:00 p.m.
 
See You Next Year

 

Credits

CPE Credits: 8-A&A
CLE Credits: 6 .5 Substantive

CLE Credits and Fees: This course has been submitted for 6.5-Substantive CLE credits. Attorneys requesting CLE credits must include an additional $50.

Yellow Book Credits:  k Sessions with this icon qualify for Yellow Book credits. Determinations of the sessions that qualify for the Yellow Book 24-hour requirement are made on an auditor-specific basis depending on the auditor’s Yellow Book clients.

CEUs: This conference has been submitted for 3 credits under the PASBO Professional Education Program.

Prerequisites: None
Level: Update

Registration Fees

PICPA Member: $329
Nonmember: $429
CLE Credits Fee: $50&

 

Location

Crowne Plaza Valley Forge
260 Mall Boulevard
King of Prussia, PA 19406
610-265-7500


Sponsor this Conference! Contact Kelli Comegys at kcomegys@picpa.org for details.