This webinar, which is targeted primarily for auditors of Illinois School Districts. Below are the topics that will be covered:
Annual Financial Report (AFR): An overview of AFR changes and reporting issues identified by the Illinois State Board of Education (ISBE).
GATA/GATU Overview: An overview of the requirements of GATA and what auditors are required to do for FY19 with additional discussion on GATA ISBE Specific Requirements.
GASB Update: A discussion on GASB standards issued with upcoming implementation dates, including information on GASB 87 for leases.
GASB 84 Discussion: A discussion on the requirements of GASB 84 and the presentation in the AFR as well as GAAP basis statements. There will also be discussion on what auditors need to communicate to clients regarding this standard for the FY20 implementation deadline.
Illinois CPA Society Annual Report Review - Common Audit Report Deficiencies: An annual update from the results of the Illinois CPA Society Government Report Review Committee sessions from winter 2018.
TRS Updates: Updates on changes to TRS reporting that districts need to be aware of with specific focus on impacts on the annual audit.
GASB 75 - A Refresher: A technical revisit, review of items from Single Employer plans and THIS and concepts to be audited.
PD Clock Hours: 3.0
CPE credits: 3.0
Webinar time: 8:00am - 11:00am
You will receive a separate e-mail asking you to register with GoToWebinar 1-day prior to the date of the webinar. You must register here with Illinois ASBO, then register again with GoToWebinar to receive your log-in information.
Please contact Lindsay Plath at (815) 753-9350 or firstname.lastname@example.org if you have any questions. If you plan to have multiple viewers on one computer, please register each person individually and email Lindsay for a sign-in sheet prior to the webinar.
Please be advised that you will be required to remain logged in for the entirety of the webinar to receive credit. Each attendee will also be required to fill out an evaluation summary in order to receive credit.