2021 Governmental Accounting Update

I am pleased to announce that on June 8 and 9, 2021, the Office of the State Controller will host the 2021 OSC Governmental Accounting Update.  In respect for everyone’s safety and the importance of social distancing, this conference will be presented virtually rather than in person.  This virtual conference will provide an update of recent activities of the Governmental Accounting Standards Board (GASB) and other topics including data analytics, cyber security, and change management.  Attendance will qualify for up to eight hours of CPE credit.  The course description is attached for your review.  Instructor biographies are available on OSC’s website. 
    
The registration fee is $10 per attendee.  To register for this conference, visit the Office of the State Controller’s website.  Please register as soon as possible as the registration deadline is Tuesday, June 1, 2021.  Payments must be made on or before this date.  After this date, no requests for refunds will be considered.  Please refer to OSC’s registration policies for more information regarding refunds, cancellations, or complaints. 

Payment can be made by credit card or electronic transfer in the North Carolina Financial System (NCFS) to the Office of the State Controller. Agencies should register attendees individually (with separate email addresses). Agencies using NCFS can submit one payment to cover all registration fees if all necessary notations have been made.

If you are paying by electronic transfer, please follow the instructions below:

• NCAS agencies:  Use IGO vendor number 561611588-03.  For the cash transfer, in the NCFS Notes field, you must include the following for proper processing:  full names of all attendees and reference 2021 Governmental Accounting Update. If this information is not included in the Notes field, the transfer will be rejected in NCFS.
   
• Non-NCAS agencies paying through NCFS:  Use agency number 1400 for payment.  In the NCFS Notes field, you must include the following for proper processing:  full names of all attendees and reference 2021 Governmental Accounting Update. If this information is not included in the Notes field, the transfer will be rejected in NCFS.

If you have questions, please contact Jan Prevo at jan.prevo@osc.nc.gov or 919-707-0714.  We look forward to your participation in the conference and thank you for your service to our State.

Linda Combs, State Controller

Date:             

June 8 and 9, 2021 | 8:10 a.m. to 12:00 p.m. each day

Location:     

Web-based Virtual Conference 
 

Objective:    

To gain an understanding of recent activities of the Governmental Accounting Standards Board (GASB) and other topics including cyber security, data analytics, and change management. 

Content:         

June 8, 2021
GASB Update - Scott Anderson and Janeen Hathcock, GASB

• GASB 84, Fiduciary Activities - including the Implementation Guide No. 2019-2
• GASB 87, Leases - including the Implementation Guide No. 2019-3
• GASB 91, Conduit Debt Obligations
• GASB 92, Omnibus 2020
• GASB 93, Replacement of Interbank Offered Rates
• GASB 94, Public-Private and Public-Public Partnerships and Availability Payment Arrangements
• GASB 96, Subscription-Based Information Technology Arrangements
• GASB 97, Certain Component Unit Criteria, and Accounting and Reporting for IRC Section 457 Deferred Compensation Plans
• Implementation Guide No. 2020-1 – Implementation Guidance Update
• GASB Exposure Draft, Financial Reporting Model Improvements
• GASB Exposure Draft, Recognition of Elements of Financial Statements
• GASB Preliminary Views, Revenue and Expense Recognition
• Other Current projects

June 9, 2021
Other Governmental Accounting Topics - Cherry Bekaert

• Data Analytics
• Leading through Change
• Cybersecurity and Data Breaches

Instructors:   

• Scott Anderson and Janeen Hathcock - GASB
• Bryce Gartner, Jonathan Kraftchick, and Steve Ursillo - Cherry Bekaert

CPE Credit Offered:         

Up to eight hours

Fields of Study:

Accounting - Governmental, Information Technology, and Personal Development

Materials:     

Available in advance on the OSC website

Instructional Delivery Method:         

Group internet based

Prerequisites:  

Must be employed by a State agency or institution that is part of the State financial reporting entity (i.e., an entity included in the State’s Comprehensive Annual Financial Report)

Advance Preparation:  

None

Level:             

Basic

DEVELOPER:  Governmental Accounting Standards Board and Cherry Bekaert

SPONSOR:  NC Office of the State Controller

REFUND POLICY