Compliance Auditing: Questions from the Field [CAQ]

Oct 4, 2018
Time: 8:00am - 4:00pm

Subject:

Accounting & Auditing

Credit Hours:

8.00

Price:

Member: $295.00
Non-member: $445.00

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Discussion Leader:

Marci Thomas, CPA, MHA    more info

Marci Thomas, CPA, MHA, is an author and discussion leader for LOSCALZO ASSOCIATES,
LTD. and has been with Loscalzo Associates, Ltd. for 16 years.
Marci writes the not-for-profit and governmental curriculum as well course on internal
control and auditing. Marci is also a clinical assistant professor at the University of North
Carolina at Chapel Hill where she teaches Healthcare Strategy, Finance, Governance,
Internal Control and Risk Assessment. Marci works with numerous accounting firms,
performing quality control and efficiency reviews and with nonprofit boards on strategic
planning, internal control and governance issues.
From 1986 through 1999 and again in 2005, she worked for Deloitte, primarily in the accounting and advisory
services department. Most recently, she was Director in Deloitte Consulting in strategy and operations
practice in the Atlanta office. Marci specializes in working with not-for-profit organizations, including those in
the healthcare and higher education arenas. She is a nationally recognized author and speaker on topics as
well as on the OMB’s Uniform Guidance (formerly Circular A-133) and Governance.
In addition to writing numerous training manuals for Loscalzo Associates Ltd., she is co-editor and author of a
book published by Jossey Bass in 2004, Essentials of Physician Practice Management. Her book, Best of Boards:
Sound Governance and Leadership for Nonprofit Organizations, was published by the AICPA in June 2011 and
is on its second printing. Her newest book on Health Care Financial Management was published by Wiley
Publishing in January 2014.
Marci also serves on the Board of Directors for the North Carolina Association of CPAs and is on the executive
committee of the Board. She is also a member of the Not-for-Profit Committee.
Marci received her Bachelor in Business Administration with a concentration in accounting from the Georgia
State University and her Masters in Health Administration at the University of North Carolina at Chapel Hill.
She is a frequent speaker at local, regional and national conferences.

Marci Thomas, CPA, MHA, is an author and discussion leader for LOSCALZO ASSOCIATES,LTD. and has been with Loscalzo Associates, Ltd. for 16 years.

Marci writes the not-for-profit and governmental curriculum as well course on internalcontrol and auditing. Marci is also a clinical assistant professor at the University of NorthCarolina at Chapel Hill where she teaches Healthcare Strategy, Finance, Governance,Internal Control and Risk Assessment. Marci works with numerous accounting firms,performing quality control and efficiency reviews and with nonprofit boards on strategicplanning, internal control and governance issues.

From 1986 through 1999 and again in 2005, she worked for Deloitte, primarily in the accounting and advisoryservices department. Most recently, she was Director in Deloitte Consulting in strategy and operationspractice in the Atlanta office. Marci specializes in working with not-for-profit organizations, including those inthe healthcare and higher education arenas. She is a nationally recognized author and speaker on topics aswell as on the OMB’s Uniform Guidance (formerly Circular A-133) and Governance.

In addition to writing numerous training manuals for Loscalzo Associates Ltd., she is co-editor and author of abook published by Jossey Bass in 2004, Essentials of Physician Practice Management. Her book, Best of Boards:Sound Governance and Leadership for Nonprofit Organizations, was published by the AICPA in June 2011 andis on its second printing. Her newest book on Health Care Financial Management was published by WileyPublishing in January 2014.

Marci also serves on the Board of Directors for the North Carolina Association of CPAs and is on the executivecommittee of the Board. She is also a member of the Not-for-Profit Committee.

Marci received her Bachelor in Business Administration with a concentration in accounting from the GeorgiaState University and her Masters in Health Administration at the University of North Carolina at Chapel Hill.She is a frequent speaker at local, regional and national conferences.

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Website registration for this course closes on October 3, 2018. To register after this date please contact the society at akcpa@ak.net or 907-562-4334.

Full Description

Compliance Auditing: Questions from the Field (CAQ)

October 4, 2018

Westmark Fairbanks Hotel
813 Noble Street
Fairbanks, AK

LATE REGISTRATION POLICY
For registrations received less than 21 days from the course date will be charged a late fee of $50 for each 8 hour course and $25 for each 4 hour course and $12.50 for each 2 hour course.

Compliance auditing is a significant risk area for firms. What you don't know about it can hurt you. In recent reviews by the AICPA task force and agency and passthrough entity reviewers, approximately 50% of audits are nonconforming. The AICPA is requiring more of peer reviewers including additional training. In addition, the GAO issued an exposure draft of its 2017 Yellow Book. Once effective, Government Auditing Standards will require a four-hour training on the subject. Now is the time to ensure you are current on all the new developments and are performing all the steps necessary to comply with professional standards. This course is taught in the popular Question & Answer format discussing real questions and issues that Loscalzo instructors receive from practitioners in the field and encounter in practice. This course will:
- Provide you with an update on the changes to the Uniform Guidance
- Help you avoid recurring common failures in audits under Government Auditing Standards and the Uniform Guidance
- Provide you with the latest changes in professional literature impacting compliance auditing

Major Topics:
Using the very popular "Loscalzo FAQ Format," the major subjects covered will include changes in the cost, administrative and audit requirements, frequently identified issues in compliance audits related to documentation, multipurpose testing, design of compliance and material control tests, sampling applications, reporting findings, schedule of federal awards, and identifying major programs.

Learning Objectives:
Participants will be able to:
- Identify areas for improvements in their Government Auditing Standards (GAS) and single audits
- Implement changes to audits as a result of changes to professional standards, including the OMB's Uniform Guidance

Designed For:
- Audit practitioners working on nonprofit and/or public-sector clients who need audits performed in accordance with the Yellow Book and the Uniform Guidance
- Accountants in nonprofit or government organizations that need a single audit

CPE Credits: 8, Accounting & Auditing / Governmental

Level of Knowledge: Intermediate

Prerequisite: Basic knowledge of compliance auditing, accounting and reporting, Yellow Book and OMBs Uniform Guidance

Acronym: CAQ

Discussion Leader: Marci Thomas, CPA, MHA
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