Title:  Government Auditing Standards Update 

Date: Tuesday, January 15, 2013 

Time: 2:00 pm - 4:00 pm (ET) 

Register for this event and an email confirmation will be sent to you with your registration link.

The Government Accountability Office has revised audit guidance for governmental engagements in the U.S. to reflect the AICPA’s clarity project and other key issues for governmental engagements. Many of the changes revise terminology and improve the convergence between AICPA audit guidance and the unique issues for governmental engagements. This webcast will highlight those issues and provide an in-depth analysis of the independence discussion. As practitioners implement the guidance for audits of periods ending on or after December 15, 2012, independence will likely spark most of the questions in planning for smaller governmental engagements.

Completion of this webcast will enable the participant to:

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Betty Pendergrass, CPA, CGFM, is a local government consultant in Kentucky, providing training and technical assistance to local government management teams. In her thirty-five year career in local government finance in Kentucky, she has served as Director of Quality Assurance for the Kentucky State Auditor, Local Government Advisor Chief for the Kentucky Department for Local Government, Director of Administration for the Kentucky Workers Compensation Funding Commission, and chief financial officer for several Kentucky local governments, as well as audited local government entities from the public accounting sector.

Betty has served on the AICPA Governmental Accounting and Auditing Committee, as well as several other committee and Task Force positions with the AICPA and the Kentucky Society of CPAs.  She is an author of self-study governmental accounting and auditing courses for Bisk Education and has also authored courses for the AICPA Continuing Education Division, and the Association of Government Accountants. Betty is also a frequent discussion leader for national conferences and training sessions.

Lee Ann Watters, CPA, CGFM, is a Principal with the accounting firm of Mountjoy, Chilton, Medley, LLP. Lee Ann has more than 20 years of experience performing governmental financial, compliance, and internal control audits. Previously, she served in the Cabinet for Human Resources, the Office of the Auditor of Public Accounts, and in the office of the Attorney General for the Commonwealth of Kentucky.