IGFOA South Metro Chapter Luncheon and GASB and Single Audit Update

Event Details


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Time 11:00am
Location Gatto's Restaurant
8005 W. 183rd St.
Tinley ParkIL 60477

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Delivery Method In Person
Field of Study Accounting (Governmental) - 1.5 CPE Credit Hour
NASBA CPE Earn 1.50 CPE Hours
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Event Cost

Event Description

Join us for lunch and a presentation on  GASB and Single Audit Update.  This session will provide insight into the current landscape of new standards, agenda items, and potential future changes to be enacted by GASB and other authoritative bodies and how such changes will affect local Illinois governments.  This presentation will also include a discussion on the basic principles of GASB Statement No. 72, Fair Value Measurement and Application, and current agenda items that may result in the issuance of additional standards. Changes associated with new guidance from the Office of Management and Budget as it relates to the Single Audit Act will be discussed as well.

11:00 AM - Check-In and Networking
12:00 PM - Chapter Meeting
12:15 PM - Lunch 
12:30 PM - Presentation 

Topic: GASB and Single Audit Update
Speaker: Michael Malatt, CPA - Manager, Baker Tilly LLP

Learning Objectives - Participants completing this session will be able to:

  • Develop a basic understanding of the principles of the newly issued GASB Statement No. 72.
  • Obtain knowledge on current agenda projects at GASB.
  • Understand how new pronouncements, current agenda items, and other potential future changes may affect Illinois governments.
  • Learn about the effects of new single audit guidance (the OMB “Super Circular”) on Illinois government audit requirements.

Intended Audience: All finance professionals
Delivery method: Group Live
Program Level: Overview
Prerequisites: No prerequisites required 
Advanced Preparation: No advanced preparation required
Field of Study: Accounting (Governmental) 
Earn about 1.5 CPE credit 

Presented by the South metro chapter

Registration & 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. Payments will not be accepted the day of the event.

IGFOA Members are those Public Sector, Partners, and Firm individuals specifically listed in the IGFOA Membership Application or Renewal. IGFOA Government non-member rate applies to staff, appointed officials, and elected officials of a government with a current IGFOA membership. If you have questions about your membership, contact IGFOA at 630-942-6587. 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 are unable to attend, please contact IGFOA at 630-942-6587 or info@igfoa.org as soon as possible. A $10 cancellation fee will be charged for cancellations up to October 9, 2015. Cancellations after October 9, 2015 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 South Metro Chapter 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. By submitting this registration, the applicant agrees to the registration and cancellation policy above.

Approved by the National Registry of CPE Sponsors

CPE SponsorsCPE Registry Illinois Government Finance Officers Association (IGFOA) 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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