GATA How to Comply with the New Reporting Requirements

Seminar

Thursday, February 7, 2019, 10:00 AM–2:00 PM

Chicago Marriott Naperville , 1801 Naper Blvd , Naperville, IL 60563 Map »

  • Members $75.00 Before Feb 1, 2019 $85.00 Between Feb 1, 2019 and Feb 5, 2019
  • Government / Partner Colleagues $85.00 Before Feb 1, 2019 $95.00 Between Feb 1, 2019 and Feb 5, 2019
  • Non-members $100.00 Before Feb 1, 2019 $110.00 Between Feb 1, 2019 and Feb 5, 2019

Online registration is not available for this event.

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Description

The Grant Accountability and Transparency Act (GATA), 30 ILCS 708/1 et seq., is landmark legislation that hopes to increase accountability and transparency in the use of grant funds in Illinois while reducing the administrative burden on both State agencies and grantees through adoption of the federal grant guidance and regulations codified at 2 CFR Part 200 (Uniform Requirements). Pursuant to the Act, the Grant Accountability and Transparency Unit (GATU) has been established in the Governor’s Office of Management and Budget. GATU is charged with implementation of the Act in coordination with State grant-making agencies and grantees.  This session will focus on the grantee reporting requirements of GATA, presented by representatives of GATU.        

Speakers:
Carol A. Kraus, CPA, Director of the Grant Accountability and Transparency Unit, Governor’s Office of Management and Budget (GOMB)
Lori Beeler, CPA, Manager of the Grant Accountability and Transparency Unit, Governor’s Office of Management and Budget (GOMB)

Learning Objectives: Participants completing this session will be able to:
-          Understand why GATA was adopted and the overall requirements
-          Determine if your government is required to report under GATA
-          Understand the audit requirements for engaging an auditor under GATA
-          Develop an understanding of the electronic filing system (portal) for GATA
-          Understand how to prepare and print the Consolidated Year-End Financial Report (CYEFR) through the Portal
-          Gain a basic understanding of the various deadlines and due dates applicable to Illinois municipalities
-          Learn the potential ramifications for failing to meet the required deadlines.

Delivery method: Group-Live
Program Level: 
Basic
Prerequisites:
No prerequisites required
Advanced Preparation:
No advanced preparation required
Field of Study: 
Accounting (Governmental) - Techncial
Earn about 3.0 CPE Credits

Check-in begins at 9:30 AM and the Seminar will start at 10:00 AM.

CPE hours: 3.60

For more information

IGFOA
info@igfoa.org
630-942-6587

Registration and cancellation policy

Registrations are accepted on a first-in, first registered basis. Payments by check should be mailed in advance or made at time of registration by credit card. 

IGFOA Members are those individuals from the Public Sector, Partner, and Individual Firm specifically listed in the IGFOA Membership Directory. IGFOA Government Staff rate applies to staff, appointed officials, and elected officials of a government with a current IGFOA membership. The IGFOA reserves the right to apply the non-member fee to any individual or government that has not paid dues for the current year.   If you have questions about your membership, contact IGFOA at 630-942-6587.  

If you are unable to attend, please contact IGFOA at 630-942-6587 or info@igfoa.org as soon as possible.  A $20 cancellation fee will be charged for cancellations up to February 1, 2019.  Cancellations after February 1, 2019 and no-shows are responsible for the full tuition.

IGFOA reserves the right to modify the agenda, cancel the event due to low enrollment, or to close registration if full.  Should IGFOA cancel an event, cancellation notice will be sent to the email address provided by each registrant and prominently posted at the IGFOA website page announcing the event. 

If you have any questions regarding this seminar, cancellations, complaints, or refunds, please contact the IGFOA at 630-942-6587 or info@igfoa.org.

By submitting this registration, the applicant agrees to the registration and cancellation policy above.

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Approved by the National Registry of CPE Sponsors

CPE RegistryIllinois Government Finance Officers Association 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 submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

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