Instructor
Roger A. Cusworth, CPA, is a 1984 graduate of Iowa State University with a bachelor's degree in accounting, receiving his CPA certificate in 1987. He has worked for entities within the State of Colorado in various capacities for 27 years and has worked in the accounting and auditing field for over 32 years. In the private sector, he worked for a "Big 8" accounting firm and a local accounting firm conducting audits of local governments, not-for-profit organizations, banks and a large public software company. His experience within the State of Colorado includes working in the Office of State Auditor conducting the Statewide financial audit and University of Colorado financial audit, as well as numerous performance audits, working in the State Controller's Office as a field accounting specialist and representing the State Controller on several statewide committees, working for the University of Colorado as the Deputy Controller and representative for the University on the Higher Education Financial Advisory Committee, and working for the Colorado School of Mines as the Controller. Roger has conducted numerous training sessions tailored towards accounting and auditing professionals within the State of Colorado, addressing such topics as auditing procedures, capital construction accounting, year-end open/close training, GAAP updates, fiscal responsibility, and internal controls.
Preparers of governmental and nonprofit financial statements and their auditors often seek advice from the AICPAs Technical Hotline as well as from the GASB Technical Inquiry System. The advice they receive from these sources is high-quality and non-authoritative, but offers viable solutions or reasonable alternatives for accounting and auditing issues related to governmental and nonprofit organizations. The objective of this course is to enhance participants knowledge and application of professional judgment by providing a review of the top accounting and auditing issues faced by preparers of governmental and not-for-profit financial statements and their auditors based on calls and inquiries received by both the AICPA and GASB over the past year.
* Identify current accounting issues facing governmental and not-for-profit organizations.
* Recognize audit challenges related to newly effective GASB standards.
* Apply recent GASB pronouncements to accounting transactions.
* Recall audit issues related to new and existing GASB standards.
* Current GASB developments
* Audit issues related to GASB developments
* Recent GASB pronouncements and their impact on accounting and reporting
* Top advice from the AICPAs Technical Hotline and the GASB Technical Inquiry System
Experience in governmental accounting and auditing