February 5, 2020 8:00am – 4:30pm Map & Directions 602-431-0001

Governmental Accounting Conference

Description

This conference is designed for CPAs, auditors and accountants in federal, state, local and Tribal governments, to provide insights and understanding on new developments in government accounting and auditing.

Register on-line, by phone at 602-252-4144,

We will send a survey one week prior to the conference, so you may select your breakout sessions.

Location

Desert Willow Conference Center
4340 E Cotton Center Blvd Ste 100
Phoenix, AZ 85040-8852

Registration Time

7:30am

Fees

Member:
$275
Non-CPA Staff:
$375
Non-CPA Staff (100% club):
$275
Non-CPA Staff (sole proprietor):
$275
Non-Member:
$375
Phoenix
Specialized Knowledge
8

Agenda

Conference Agenda:

7:30 – 8:00 On-Site Registration and Continental Breakfast

8:00 – 8:05 Welcome — Levi Gibson, Committee Chair

8:05 – 9:00  Cybersecurity: Contemplating Life Beyond the ITGCs
Daniel M. Briley, CISSP, CIPP, Summit Security Group, LLC
When it comes to Cybersecurity, if you’re in the tax and audit business you may tend to think in terms of the IT General Controls (ITGC).  While those controls are important and play a primary role in supporting the integrity of financial reporting, they only play a supporting role in a comprehensive approach to cybersecurity. ITGCs alone are inadequate if relied upon as the sole means for securing confidential data. In this session you will learn how to expand upon the common ITGC and discuss approaches, controls, and techniques that should be in place to form a more complete cybersecurity program. 

9:00 – 9:20 Networking Break

9:20 – 10:50  GASB Update
 
David R. Bean, Governmental Accounting Standards Board
The fiduciary standards are front and center in 2020 and your wait is over with the issuance of a new implementation guide. This guide is being supplemented with a proposed implementation guide update that helps you connect the dots on other significant issues such as the effect of imposition of will when a Board does not exist for a trust. You will be provided with the latest on the financial reporting model, revenue and expense recognition, the disclosure framework, as well as insights on forthcoming standards and many other topics on the GASB’s current agenda.

10:50 – 11:10 Networking Break

11:10 – 12:10 Concurrent Sessions 1  
A. Mistakes Were Made Heads Rolled; The Responsibilities of the Governing Board 
David Cotton, CPA, CFE, CGFM, Cotton & Company LLP
Examine the basic responsibilities - legal, ethical, and fiduciary - of the governmental or not-for-profit board member through a real-life case study involving one of the largest government-funded housing authorities in the country. The authority ended up paying its chief executive an unusual (some said irregular) compensation package and the press found out.  Further irregular activities were uncovered and the ensuing investigation embroiled everyone involved in acrimonious second-guessing and recriminations. 
In this case study you will explore: 
• Who was at fault?  
• Did the oversight board err, were they part of a conspiracy, or were they just negligent?  
• Did the auditors carry out their responsibilities properly?  
• Lessons learned--How could this have been prevented?  
• What was the true cost and who were the true victims?

B. SEC 15c2-12 Continuing Disclosure Requirements, Debt Refundings, Amortization of Premium/Original Issue Discount and Related Audit Impacts
Mark Reader, Stifel, Nicolaus & Company, Incorporated
Paul Gales and Mike Cafiso, Greenberg Traurig, LLP 
Learn about important on-going regulatory requirements in connection with the issuance of a variety of debt instruments to finance public infrastructure and how they affect issuers of municipal bonds and the audit community. SEC 15c2-12 Regulations requires significant collaboration between the issuer, underwriter, bond counsel and other appropriate financing team members prior to the issuance of bonds, including the importance of their audit team to ensure compliance. Review the best practices of industry experts and discuss other on-going topics of importance to the issuer and audit community.

C. Security Awareness Training
Jerry Keely, Pinal County Government
Brett Scott, Arizona Cyber Warfare Range
Cyber security affects ALL of us in some way; learn about what the “bad guys” are doing, how to identify it and what you can do to better protect yourself against these threats. You will learn how adding an appropriate amount of skepticism, both in your digital and physical life, can go a long way in protecting  you, your family and your friends. At the end of this session you will be able to understand how information is gathered and  the techniques used to exploit people. You will also be able to identify cyber threats and the steps you can take  to protect yourself against them.

12:10 – 12:20 Networking Break with Sponsors

12:20 – 1:20 Lunch: The Lessons from Government Ethical Lapses and Crises 2017-2019
 
Marianne Jennings, W.P. Carey School of Business, Arizona State University
The ethical lapses by government officials and within agencies over the past few years have been serious, surprising and preventable. Take a look at the ethical lapses and crises in government; how to deal with them, stop them and develop strategies for their prevention. At the end of this session you will be able to describe the types of ethical lapses that occur in government agencies and operations, explain why ethical lapses and crises occur, and develop a personal plan for dealing with evolving ethical lapses. 

1:20 – 1:40 Networking Break with Sponsors

1:40 – 2:40 Concurrent Sessions 2 
 
D. GASB In-depth—Leases

David Bean, Governmental Accounting Standards Board
The new lease standards are on the horizon, but in the world of accounting standards setting implementation is closer than it appears in the passenger-side mirror. When does a government control a right-to-use asset, how should a lease term be determined and what payments should be included in the calculation of a lease liability? Discover how these important implementation issues can affect you and gain valuable insights from a government lessor’s perspective.

E. Leading Organizational Transformation 
Tamara Deuser, MBA, PMP, Arizona State University, Knowledge Enterprise
Developing skills and strategies for leading change and organizational transformation has never been more critical. This session will cover experiences in reorganization of teams and units, major system implementations and business process redesign, as well as a variety of other topics associated with leading high performing organizations. At the end of this session, you will know the key areas requiring focus and attention during organizational change, be able to identify leadership characteristics and behaviors that are key to successful change management, and become familiar with planning and communication strategies in rapidly evolving environments.

F. Emotional Intelligence 
Brittney Williams, CPA, CGFM, HeinfeldMeech 
A recent study on Careerbuilder.com indicated 76% of employers value Emotional Intelligence (EI) over IQ.  We have all heard the buzz about (EI), but how do we actually understand and control our own emotions? Can we learn to understand the emotions of others and how we choose to respond and interact on a daily basis? Learn the specifics of EI vs IQ and ways to enhance EI and become a better leader in the workplace and improve relationships. How we respond to our emotions impacts our work and personal lives, helps us manage difficult people and situations, and increases our well-being. In this session you will develop skills essential for business success, stress management, and improving relationships.

2:40 – 3:00 Networking Break with Sponsors          
                                         
3:00– 4:30 Using Computer Assisted Audit Techniques to Detect Fraud
  
David Cotton, CPA, CFE, CGFM, Cotton & Company LLP
Explore recent developments in Computer Assisted Audit Techniques (CAATs) and how CAATs can be used to find potentially fraudulent transactions. Data mining, data analysis and expert systems software programs are explained with relevant examples that you can reference in understanding how these programs have been used to find contract and purchasing fraud. Dive in to case studies that show how data mining software has been used to solve violent crimes and insurance fraud, how data analysis software has been used to identify false claims and how Benford’s Law (digital analysis) software has been used to uncover schemes designed to circumvent competition requirements. 

 

Special thanks to our Platinum Sponsor:

Henry+Horne

 

Gold Sponsors:

REDW

Heinfeld Meech & Co., P.C.

The Pun Group LLP

Fester & Chapman, LLC

CLA (CliftonLarsonAllen)
 

Event Leaders

Bean, David R.

Rating: 4.77


David R. Bean is the director of research and technical activities for the Governmental Accounting Standards Board. He assigns and provides oversight to the GASB’s research, technical, and administrative activities.

Prior to joining the GASB in 1990, David worked in public accounting and government. He also has served as Deputy Chairman of the International Public Sector Accounting Standards Board (IPSASB). He was the lead author on the 1988 Governmental Accounting, Auditing and Financial Reporting and was the founder of the GAAFR Review. He was the last director of the National Council on Governmental Accounting before the formation of the GASB in 1984.

David is a member of the Government Finance Officers Association, the Connecticut and Illinois Government Finance Officers Associations, the American Institute of Certified Public Accountants, the Illinois CPA Society, the Association of Government Accountants, the National Federation of Municipal Analysts, and the Municipal Analysts Group of New York.


More With Bean, David R.

Cotton, David L.

Rating: 4.80


Dave Cotton is chairman of Cotton & Company LLP, Certified Public Accountants, headquartered in Alexandria, Virginia. The firm was founded in 1981 and has a practice concentration in assisting federal and state government agencies, inspectors general and government grantees and contractors with a variety of government program related assurance and advisory services. Cotton & Company has performed grant and contract, indirect cost rate, financial statement, financial related and performance audits for more than two dozen federal inspectors general as well as numerous other federal and state agencies and programs.

Cotton & Company’s Federal agency audit clients have included the U.S. Government Accountability Office, U.S. Navy, U.S. Marine Corps, U.S. Transportation Command, U.S. House of Representatives, U.S. Capitol Police, U.S. Small Business Administration, U.S. Bureau of Prisons, Millennium Challenge Corporation, U.S. Marshals Service and Bureau of Alcohol, Tobacco, Firearms and Explosives. Cotton & Company also assists numerous federal agencies in preparing financial statements and improving financial management, accounting and internal control systems.

Cotton received a bachelor's degree in mechanical engineering (1971) and an MBA in management science and labor relations (1972) from Lehigh University in Bethlehem, PA. He also pursued graduate studies in accounting and auditing at the University of Chicago Graduate School of Business (1977 to 1978). He is a Certified Public Accountant (CPA) in Virginia and North Carolina, Certified Fraud Examiner (CFE) and Certified Government Financial Manager (CGFM).

Cotton served on the Advisory Council on Government Auditing Standards (the Council advises the United States Comptroller General on promulgation of Government Auditing Standards — GAO’s yellow book) from 2006 to 2009. He served on the Institute of Internal Auditors (IIA) Anti-Fraud Programs and Controls Task Force and co-authored Managing the Business Risk of Fraud: A Practical Guide. He served on the American Institute of CPAs Anti-Fraud Task Force and co-authored Management Override: The Achilles Heel of Fraud Prevention. Cotton is the past-chair of the AICPA Federal Accounting and Auditing Subcommittee and has served on the AICPA Governmental Accounting and Auditing Committee and the Government Technical Standards Subcommittee of the AICPA Professional Ethics Executive Committee. Cotton chaired the Fraud Risk Management Task Force, sponsored by COSO and ACFE and is a principal author of the COSO-ACFE Fraud Risk Management Guide.

Cotton was the recipient of the ACFE 2018 Certified Fraud Examiner of the Year Award (“presented to a CFE who has demonstrated outstanding achievement in the field of fraud examination … based on their contributions to the ACFE, to the profession, and to the community”); AGA’s 2012 Educator Award (“to recognize individuals who have made significant contributions to the education and training of government financial managers”); and AGA’s 2006 Barr Award (“to recognize the cumulative achievements of private sector individuals who throughout their careers have served as a role model for others and who have consistently exhibited the highest personal and professional standards”).


More With Cotton, David L.

Gales, Paul

Rating: 0.00


Paul Gales focuses his practice on various types of tax-exempt and taxable financings, including general obligation, sales tax, revenue, special assessment, certificate of participation and municipal leasing issues and financings for water and sewer and education projects.


More With Gales, Paul

Scott, Brett L.

Rating: 0.00


Brett Scott started his career as a programmer. With decades of experience from small business to global enterprises, his experience has always been hands-on and practical.

He co-founded The Arizona Cyber Warfare Range, a leading entity in cybersecurity in the United States. His experience has been mostly in the private sector but he has experience fighting terrorism, sex trafficking, finding missing persons, and cyber warfare.

He brings an in-depth perspective on cybersecurity topics, and his broad base of experience is invaluable in helping others understand complex topics easily


More With Scott, Brett L.

Jennings, Marianne M.

Rating: 4.86


Professor Marianne Jennings is a professor emeritus of legal and ethical studies in business in the W.P. Carey School of Business at Arizona State University. She served as director of the Lincoln Center for Applied Ethics from 1995-1999.

Professor Jennings has hundreds of articles in academic, professional and trade journals. In 2006, Emerald Management Review named her article, “Ethics and Investment Management,” one of the top 50 articles in 2005. She was named a Top 100 Thought Leader by Trust Across America and one of the 100 Most Influential People in Business Ethics by Ethisphere.

She has six textbooks and monographs in circulation. The ninth edition of her Business Ethics was published in 2017. Her Seven Signs of Ethical Collapse is used as an audit tool and a primer on corporate culture.

Her columns have been syndicated, and her work has appeared in the Wall Street Journal, the Chicago Tribune, the New York Times, and Washington Post.
Professor Marianne Jennings is a professor of legal and ethical studies in business in the W.P. Carey School of Business at Arizona State University. She served as director of the Lincoln Center for Applied Ethics from 1995-1999.

Professor Jennings has hundreds of articles in academic, professional and trade journals. In 2006, Emerald Management Review named her article, “Ethics and Investment Management,” one of the top 50 articles in 2005. She was named a Top 100 Thought Leader by Trust Across America and one of the 100 Most Influential People in Business Ethics by Ethisphere.

She has six textbooks and monographs in circulation. The ninth edition of her Business Ethics was published in 2017. Her Seven Signs of Ethical Collapse is used as an audit tool and a primer on corporate culture.

Her columns have been syndicated, and her work has appeared in the Wall Street Journal, the Chicago Tribune, the New York Times, and Washington Post.


More With Jennings, Marianne M.

Briley, Daniel M.

Rating: 0.00


Dan Briley is an Information Technology professional with over 20 years of experience in information technology, privacy, and security. His expertise includes leading technical teams in Fortune 500 financial institutions and regional healthcare systems. During his career, he has built information security departments, served as an Information Security Officer and Advisor to numerous clients in Healthcare, Software Development, Higher Education, Finance, and Manufacturing sectors. He is frequently sought after by Executives and Boards seeking to understand their cybersecurity risk and develop appropriate countermeasures. His passion is working with clients to understand and manage technology and data risk in a manner that enhances business operations and strategy.
Briley is a Certified Information Systems Security Professional (CISSP) and a Certified Information Privacy Professional (CIPP). He holds an MBA from the University of Redlands and is formerly a member of the adjunct faculty at Pacific University, where he taught in the Masters in Healthcare Administration program.


More With Briley, Daniel M.

Williams, Brittney

Rating: 4.30


Brittney Williams, CPA, CGFM is a Partner for the public accounting firm Heinfeld, Meech & Co. She currently manages audit services for municipalities, school districts, transportation authorities and non-profits out of their Phoenix office. Brittney has provided trainings on accounting and auditing issues including GASB pronouncements, auditing standards, Government Auditing Standards and Single Audits. Brittney is currently serving on the AICPA Government Audit Quality Center Executive Committee and the AGA Financial Management Standards Board. Brittney has always had an interest in management and leadership and has been presenting on Emotional Intelligence and leadership skills for several years on a regional and national scale, including the National AICPA Edge Conference for young professionals.


More With Williams, Brittney

Reader, B. Mark

Rating: 0.00


Mark Reader has been a municipal bond investment banker for over 30-years in Arizona. He represents a multitude of issuers in connection with the issuance of their debt obligations – as a financial advisor or underwriter. As a result of the significant number of diverse transactions and clients around the State, Mr. Reader has considerable experience as a practitioner in the State relative to the continuing disclosure and other related bond issuance matters. Mr. Reader holds a bachelor of science in Accounting and Finance from the University of Arizona and begin his career in the public accounting industry.


More With Reader, B. Mark

Cafiso, Michael

Rating: 0.00


Michael Cafiso has broad experience in all of the various types of tax-exempt and taxable financings for all types of Arizona political subdivisions, representing both issuers and underwriters.


More With Cafiso, Michael

Keely, Jerry

Rating: 0.00


Jerry Keely has over 35 years experience in the Information Technology field. Several years ago, he saw an ever-increasing need for Cyber Security professionals and have focused time into learning about cyber, the techniques, and ways to help us all be a little safer on line and in our daily activities. Jerry is the lead volunteer that helped to setup and operate the Arizona Cyber Warfare Range on the Pima Community College campus in Tucson. He has a passion for getting the word out about cyber security so everyone can be safer.


More With Keely, Jerry

Deuser, Tamara

Rating: 0.00


Tamara Deuser is responsible for overseeing the operations functions of the ASU Knowledge Enterprise. The teams in her organization manage all aspects of services and support for the Knowledge Enterprise and Arizona State University’s research enterprise. This includes leadership of the Office of Research and Sponsored Projects Administration as well as the Research Advancement staff that support faculty across campus.

Before joining ASU, Deuser held leadership positions in project management and process improvement at several firms, including GE and Motorola. Most recently, she was responsible for the complete redesign of a medical software implementation process at a privately held company.

Deuser holds an MBA from ASU’s W.P. Carey School of Business. She earned a BA from Scripps College, where she graduated Phi Beta Kappa. She is a certified Project Management Professional (PMP).


More With Deuser, Tamara

Notes

Conference Committee Members:

Committee Chair:
Levi D. Gibson, CPA, MAcc, Pinal County Finance and Purchasing Administration

Michael D. Baumert, CPA, Arizona State University
Vanessa Burke, CPA CPFO, The Pun Group, LLP
Elisa K. Gin, CPA, City of Mesa Transportation Department
Michael W. Hawthorne, CPA, Michael Hawthorne CPA
Gary Heinfeld, CPA, CCIM, CGFM, Heinfeld, Meech & Co., P.C.
Brian J. Hemmerle CPA, CFE, Henry+Horne
(Ben) Hyungju Hur, CPA, Fester & Chapman, PLLC
Keith J. Orr, CPA
Jennifer L. Shields, CPA, CGFM, Heinfeld, Meech & Co., P.C.
Gerald E. Snyder, CPA, CGMA, Retired    
Jaimie L. Soulvie, CPA, CGMA, Retired                           
Cheryl Toone, CPA, ARM, Arizona Department of Risk Management

Related Courses