GOVERNMENTAL ACCOUNTING AND AUDITING CONFERENCEMARRIOTT RANCHO CORDOVA

MAY 12, 2015 RANCHO CORDOVA & WEBCAST

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Overview:Don’t miss CalCPA Education Foundation’s annual update for CPAs and financial professionals working in governmental accounting and auditing. Key figures in this sector will update you on the most important current and proposed standards, including GASB 68 and 71. You will have the opportunity to get your questions on the hottest topics answered by knowledgeable speakers in both government and the private sector. Learn what will impact you and your clients today and what is on the horizon.

Designed for: CPAs, financial professionals and officials who work with governmental entities, as well as professionals in government who need to stay current on government finance and audit.

Credit Information:CPE: 8 HoursAA: 8 HoursGT: 8 HoursYB: 8 Hours

CONFERENCE OVERVIEW

Welcome

GASB Update: A Look Ahead

New Pension Standards: Implementation of GASB 68 and 71 (Accounting and Financial Reporting for Pensions and Accounting for the Effects of Certain Types of Regulation)

Break

Industry Risk Alert

California Regulatory Update

Lunch (Plated lunch provided)

Internal and Performance Auditing: A Holistic Approach to the New Normal

Break

Single Audit: Uniform Grant Guidance

Indicators of Fiscally Distressed Governments

Adjourn

AGENDA AT-A-GLANCE08:30

10:30

12:10

01:10

10:40

02:00

02:10

03:10

04:30

08:35

09:15

11:30

CONFERENCE PLANNING COMMITTEE

MAY 122015

Vanessa I. Burke, CPA City of Stockton

Gary M. Caporicci, CPA, CGFM, CFFThe Pun Group, LLP

John A. Cropper, CPA, CGFM, CGMACropper Accountancy Corporation

A. J. Major III, CPA Vavrinek, Trine, Day & Co., LLP

Amy L. Meyer, CPA Maze & Associates

Brett I. Miller, CPA, CPFO City of Hollister

Kenneth H. Pun, CPA, CGMA The Pun Group, LLP

GOVERNMENTAL ACCOUNTING AND AUDITING CONFERENCEMARRIOTT RANCHO CORDOVA & WEBCAST11211 Point East Dr.; Rancho Cordova, CA 95742-6239

CONFERENCE PLANNING COMMITTEE

8:30

8:35

9:15

11:30

12:10

1:10

2:00

3:10

2:10

04:30

SESSION DETAILSWelcome

Vanessa I. Burke, CPACity of Stockton

Gary M. Caporicci, CPA, CGFM, CFFThe Pun Group

GASB Update: A Look Ahead• Other postemployment benefits (OPEB) • Government combinations • Fair value measurement and application • GAAP hierarchy • Leases • Fiduciary responsibilities • Asset retirement obligations • Irrevocable charitable trusts • Debt extinguishments

David E. Sundstrom, CPAGASB Board MemberGovernmental Accounting Standards Board

New Pension Standards: Implementation of GASB 68 and 71 • Overview of GASB new pension standards• Status and timing • Actuarial assistance• CCMA white paper • Communications to employers and auditorsModerator Gary M. Caporicci, CPA, CGFM, CFFThe Pun Group

PanelistsRichard A. Green, CPAMacias Gini & O’Connell, LLP

Alan MilliganChief ActuaryCalPERS

Mary Elizabeth Redding, FSA, MAAA, FCA, EAAssistant Vice President and ActuaryBartel Associates, LLC

BREAK

Industry Risk Alert• SSARS 21, Clarification and Recodification• AICPA audit quality initiative• Common GFOA comments• GASB 54: Fund Balance Reporting and Governmental

Fund Type Definitions• Municipalities Continuing Disclosure Cooperation (MCDC)

Initiative

Ken Al-Imam, CPAMayer Hoffman McCann PC

California Regulatory Update• AB 1248• SB 341: Redevelopment agency follow-up

Jeffrey V. Brownfield, CPAChief, Division of AuditsState Controller’s Office

Mike SpaljChief, Local Government Audits BureauState Controller’s Office

LUNCH (Plated lunch provided)

Internal and Performance Auditing: A Holistic Approach to the New Normal• Market factors and trends• Characteristics of an optimal auditor/management

relationship• Innovative approaches• Demonstrating value• Common client needs

Christian Clegg, MPA Assistant to the City ManagerCity of Stockton

Mark Steranka, CPAMoss Adams LLP

BREAK

Single Audit: Uniform Grant Guidance• Administrative rules• Cost principles• Single Audit requirements• Practical considerations• Transition issues

Sefton Boyars, CPA, CGFMRegional Inspector General (Retired)U.S. Department of Education

Indicators of Fiscally Distressed Governments• Hidden indicators of fiscal distress • What to look for and how to find it • Impacts of debt, labor agreements, pensions, and expected

revenues on financial viability• Understanding how the past may not be the best predictor

of the future • The role of long-term financial planning in giving context

to an auditModerator Vanessa I. Burke, CPAChief Financial Officer City of Stockton

Panelists Russell BransonSenior Managing ConsultantPublic Financial Management, Inc.

Kenneth L. DiekerPrincipalDel Rio Advisors, LLC

Adjourn

10:30

10:40

Register Onlinewww.calcpa.org/RSVP

Conference RegistrationMay 12, 2015 | Sacramento | 5151266AMember $325 | Nonmember $425VP $0 | Coupon $0

May 12, 2015 | Webcast | 5151266BMember $3255 | Nonmember $425 VP $05 | Coupon $0

Discount Programs Save hundreds with Value-Priced Education (VPE) and Coupons. VPE 80 $1,295 CalCPA Member VPE 40 $795 CalCPA Member VPE 24 $675 CalCPA Member Coupon 10 $2,495 CalCPA Member Discount Programs (800) 922-5272 or calcpa.org/discount

Contact(800) 922-5272Fax (888) 868-8558calcpa.org

CalCPA Education FoundationP.O. Box 45066San Francisco, CA 94145-0066

Materials for this conference are provided in PDF format. Three business days

before the conference, they will be accessible via calcpa.org/MyEvents.

Registration PolicyAll registrations are taken on a first-come, first served basis. The CalCPA Education Foundation reserves the right to refuse admission to any individual whose behavior it deems inappropriate.

Cancellation PolicyIf you need to cancel your registration, you must cancel four business days prior to the event to receive a full refund. After that time a refund will be given less a $125 cancellation fee. No refunds will be given for no-shows.

VPE no-shows will have the number of registered CPE hours deducted from their VPE credit.

Coupon no-shows will forfeit the coupon used to register. For registration policies please go to calcpa.org/policies.

Note: Topics and speakers are subject to change. For up-to-date information, please go to calcpa.org

CalCPA Education Foundation is registered with the National Association of State Boards of Accountancy (NASBA),

as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417 or learningmarket.org.

REGISTRATION INFORMATION

VIEW AGENDA ONLINE calcpa.org/conferences