Governmental Accounting & Auditing Virtual Conference

Details coming soon.

The 2024 Yellow Book brings significant updates, including the move from quality control to quality management and new guidance on keyaudit matters. This session unpacks the changes and timelines so you can prepare for implementation by December 2025 and meetevaluation requirements by the end of 2026.

This session will provide you with the latest updates affecting single audits, with a focus on effective planning, risk assessment and keycompliance requirements. Practical guidance will be offered for interpreting grant agreements to help ensure audits align with regulatorystandards and promote accountability in grant-funded programs.

In today’s digital landscape, accountants are prime targets for cyberattacks, and the consequences of a breach can be devastating. Thisdiscussion will break down real-world cybersecurity risks, including case studies, tools to reduce exposure and the legal obligations you maynot know you have. This session will help you assess your risk, understand your requirements and protect your business from the threats youcan’t afford to ignore.

Get a comprehensive overview of forensic accounting and litigation support, including fraud risks in the public sector, investigative techniques, regulatory standards and real-world case studies. Learn how to support legal processes and enhance financial oversight. .

Examine the most common internal control issues uncovered in recent government and not-for-profit audits, based on findings from theAICPA Professional Ethics Division. Walk away with a clear understanding of where internal controls frequently fail, the audit risks theseweaknesses pose and practical steps both auditors and finance teams can take to strengthen internal control systems and avoid recurringpitfalls.

Gain valuable insights into the current state of the economy and the key trends shaping its future. This session will provide an in-depthanalysis of economic indicators, including GDP growth, inflation, interest rates, employment trends and global economic influences. Hearabout the short- and long-term outlook for the national and global economies and how these trends will impact businesses, industries andfinancial markets

The new Statement on Quality Management Standards (SQMS) No. 1 becomes effective this December, marking a significant shift in howaccounting firms manage and monitor quality. This session will provide a high-level overview of the SQMS No. 1 requirements and sharepractical implementation guidance based on Jennifer’s experience helping firms in Canada adopt similar standards. Attendees will gain aclear understanding of the core components of SQMS No. 1 and actionable steps to begin strengthening their systems of qualitymanagement.

Attend this on-demand ethics course on your schedule at no additional charge.

The rapid evolution of artificial intelligence (AI) is reshaping industries, including accounting, with profound implications for professionals and firms. This Virginia Board of Accountancy-approved ethics course on responsible AI for the accounting profession explores the integration of AI in accounting, emphasizing ethical principles like transparency, accountability, privacy and fairness. The course offers a comprehensive overview of AI technologies, their applications in streamlining processes, and improving decision-making within the profession. It also addresses the challenges of regulatory compliance, data privacy and mitigating risks such as bias and security breaches. Through real-world case studies, you will gain insights into resolving ethical dilemmas, ensuring responsible AI usage, and fostering trust with clients and stakeholders.

By completing this course, you will develop strategies to navigate the complexities of AI governance and regulation, create robust frameworks for ethical decision-making, and adopt sustainable practices to balance innovation with responsibility. Designed for accounting professionals at all levels, this course equips learners with the tools to harness AI's potential while upholding the profession's ethical standards, ensuring compliance with legal obligations, and contributing to a more inclusive and accountable AI future.

Credit: Regulatory Ethics — 2

Attend this on-demand ethics course on your schedule at no additional charge.

The CPA profession in Virginia, like in many other states, is governed by a complex framework of laws, regulations and ethical standards. As a CPA, you are expected to adhere to these guidelines, maintain the highest level of professional integrity, and act in the public interest.

This Virginia Board of Accountancy (VBOA)-approved ethics course is designed to provide you with a comprehensive understanding of the regulatory and ethical landscape of the accounting profession in Virginia. We will explore the key principles of professional ethics, the role of the VBOA, and the specific regulations that govern the practice of public accounting in the state.

Credit: Regulatory Ethics - 2

Attend this on-demand ethics course on your schedule at no additional charge.

This Virginia Board of Accountancy-approved ethics course provides a thorough exploration of ethical principles, challenges and best practices essential to the accounting profession. You will gain a deep understanding of the AICPA Code of Professional Conduct, including its guiding principles of integrity, objectivity and independence. The course highlights key ethical frameworks, such as managing conflicts of interest, safeguarding client confidentiality, and responding to noncompliance with laws and regulations (NOCLAR). Explore real-world scenarios and case studies that illustrate common ethical dilemmas accountants face, and obtain practical strategies for navigating these situations while upholding professional standards.

You will also learn how to apply professional skepticism, maintain independence when providing non-attest services, and manage risks associated with ethical conflicts. The course emphasizes the importance of fostering a culture of ethics within firms and explores updates to tax standards and reporting requirements. By the end of the course, you will be equipped with the knowledge and tools to address ethical challenges effectively, ensuring your practice aligns with professional expectations and public trust.

Credit: Regulatory Ethics — 2