Take an in-depth look into governmental accounting & auditing. Look forward to updates on GASB 68, implementation of GASB 75, cybersecurity, fraud detection, and common audit deficiencies in single audits.
CPAs, auditors, city officials and other financial professionals who perform or are involved in local government audits.
Registration and Breakfast
Welcome and Opening Remarks
Carol A. McAllister, CPA, RMA – Bowman & Company LLP
The Federal Single Audit – Update on the Adoption of Federal OMB Uniform Guidance and Common Deficiencies and Findings Noted (AA)
Jason E. Spiegel, CPA – KPMG LLP
This session will cover various topics on the adoption by non-federal entities and their external auditors of the requirements under Title 2 CFR Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), as well as common deficiencies and findings noted in the single audit reports of non-federal entities submitted to the Federal Audit Clearinghouse.
GASB Update (AA)
Roberta E. Reese, CPA – Governmental Accounting Standards Board
This session will keep you up-to-date on the recent developments at the GASB as well as provide an overview of new standards including
- Other postemployment benefits, focusing on implementation issues
- Asset retirement obligations
- Fiduciary activities
- Tax abatement disclosures
- Implementation guidance update 2017-1
- Certain debt extinguishment issues
What’s New at DLGS? (AA)
Maureen P. Mitchell, CPA, CMFO, CTC, QPA and Paul T. Urbish, Esq. – Division of Local Government Services
Examine the new Financial Automation Submission & Tracking (FAST) solution that DLGS will launch for 2018 Calendar year reporting. The Division of Local Government Services is in the process of creating a solution to automate all of the current Local Entity Financial Information files. The FAST solution will provide many benefits in the collection, review, approval and dissemination of local government financial information. The Solution will be a user-friendly cloud based portal for submission that would allow local government entities to electronically upload, complete and submit documents (to include budget, financials and debt with supporting documentation), rather than the current paper/Excel submissions.
Fraud Detection Procedures for High Risk Areas (AA)
Rick Albrecht - ADP
How do you protect yourself from fraud? Hear from a Senior Security Advocate with the Global Security Organization of ADP on how to develop and implement fraud detection procedures. Examine the high risk areas and learn how to develop standardized metrics and reporting. Then identify gaps in security incident management processes and how to fix them.
Cyber Security in Government (CS)
Michael M. Nelson - DFDR Consulting LLC
If you haven’t already been asked about cyber security, chances are you will be soon. As a CPA, it’s essential to have a basic understanding of cyber security and its importance. This session will provide you with an overview of security in public entities as well as offer tips for the proper governance and guidance of information security. Learn about risks, vulnerabilities and common pitfalls to avoid when developing a cyber security strategy.
Current Bond Market (AA)
Matthew Jessup, Esq. - McManimon, Scotland & Baumann, LLC
The current bond market is affected by a number of factors. Examine the economic and geopolitical factors and what your best options are. Hear from a local attorney who specializes in public finance transactions.
Online pre-registration for this event is now closed.
Senior Security Advocate
Rick Albrecht is a Senior Security Advocate in the Client Service Management Office in the Global Security Organization of ADP in Roseland, NJ. His key accomplishments at ADP include (1) Development of standardized metrics and reporting to enable visibility and drive organizational change through visualization and advanced analytics of data; and (2) Identification and remediation of gaps in security incident management processes for both the Fraud Prevention and Critical Incident Response teams at ADP.
Prior to joining ADP, Mr. Albrecht was a Director/Regional Manager of financial specialty divisions of several insurance companies over a 30-year career. This experience included launching and growing new regional offices for two large insurance companies.
Prior to that, he began his professional life as a high school teacher and holds three NJ Teaching Certifications including Comprehensive Business.
He earned his MBA degree (Concentration in Accounting) from Montclair State University in 1991.
Matthew D. Jessup, J.D.
McManimon, Scotland & Baumann, LLC
Matthew D. Jessup, J.D., is an attorney with McManimon, Scotland & Baumann, LLC, focusing almost exclusively on public finance transactions. He’s participated in the issuance of hundreds of millions of dollars of bonds and notes for countless counties, municipalities and public authorities. His recent successes include the financing of a municipal justice complex through the issuance of government-subsidized Build America Bonds and the multi-issuer financing of the Bayonne Crossing Shopping Center through the issuance of payment-in-lieu-of tax bonds.
His expertise spans the arena of public finance, including general obligation and revenue obligations, public/private development financing and New Jersey Environmental Infrastructure Trust financing.
Mr. Jessup is admitted to the bars of New Jersey and Pennsylvania, and is a member of the American Bar Association and the National Association of Bond Lawyers. He received a B.B.A from The George Washington University; a J.D from Villanova University School of Law; and an M.B.A. from Villanova University.
Maureen P. Mitchell, CPA, CMFO, CTC, QPA
Financial Regulation Manager
Division of Local Government Services / Dept of Community Affairs
Maureen Mitchell is a Financial Regulation Manager for the State of New Jersey Division of Local Government Services. She has over 15 years of public entity specific experience in a broad range of Local Government entities. Ms. Mitchell started her career in government while working for Bowman & Company LLP a regional accounting firm performing audits of local entities. She then went on to work in local government as a Certified Municipal Chief Financial Officer, Certified Tax Collector, Qualified Purchasing Agent, and Planning Board Secretary.
Maureen Mitchell is also a Certified Public Accountant with a Master’s degree in Governmental Accounting from Rutgers’ University. She received her bachelor of arts in accounting from Saint Joseph’s University Philadelphia, PA.
Michael M. Nelson
DFDR Consulting LLC
Founder of DFDR Consulting LLC, Michael Nelson has consulted on and examined data for numerous personal, corporate, criminal, civil, and domestic cases.
He has testified as a computer forensics expert on multiple occasions, has been deposed, and has submitted affidavits in multiple states.
Acknowledged in “EnCE The Official EnCase Certified Examiner Study Guide” (Second and Third Editions) and “Mastering Windows Network Forensics and Investigation” (Second Edition), he has also been published in eForensics Magazine for SQL investigation techniques.
In addition to authoring, Mr. Nelson has also presented at the Legal Intelligencer’s Litigation Summit on eDiscovery practice tips, as well as on Forensics and eDiscovery Tips for Prime Global and Wolters Kluwer CCH. Furthermore he has spoken on Obtaining Life Data, Macintosh Forensics and Building a Flexible eDiscovery Process for Appalachian Institute of Digital Evidence and served as a Panel Expert on Cybersecurity and Compliance for the East Coast Gaming Congress & iGaming Institute. Recently, he was also a featured speaker at McKonly & Asbury 2015 & 2016 Trends Symposiums as well as NJAJ’s Boardwalk Seminar 2017.
Industry credentials include: AccessData Certified Examiner (ACE), AccessData Mobile Examiner (AME), Certified Computer Examiner (CCE), Certified Ethical Hacker v8 (CEHv8), Certified Level 2 P2 Commander Advanced Analysis Examiner, Certified Data Recovery Professional (CDRP) EnCase Certified Examiner (EnCE), AccessData Summation Certified Administrator (SCA), AccessData Summation Certified EndUser (SCE) and Security+ . Additionally he is an Apple Certified Associate for Mac Integration 10.7 and holds a BS in Computer Science with a specialization in Network Security and Computer Forensics from the University of Delaware, where he graduated Cum Laude.
Mr. Nelson is a member of the International Society of Forensic Computer Examiners (ISFCE), High Technology Crime Investigation Association (HTCIA), Infragard (the Federal Bureau of Investigation’s collaborative infrastructure protection society), International Association of Computer Investigation Specialists (IACIS) and the Philadelphia area chapter of Association of Certified Fraud Examiners. He was named President of the Delaware Valley Chapter of HTCIA for year 2016.
Finally, he was named as one of the 40 Under 40 by SNJ Business People for 2014 and a Trendsetter in Technology for 2015 as well as 2016.
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Roberta Reese, CPA
Senior Project Manager
Governmental Accounting Standards Board
Roberta Reese is a Senior Project Manager with the Governmental Accounting Standards Board (Norwalk, CT) 1999. Her current project assignments are the conceptual framework project on recognition and the financial reporting model reexamination. Her major technical projects have included capital asset, infrastructure, and note disclosures issues for various GASB Implementation Guides; note disclosures, impairment of capital assets, service concession arrangements, postemployment benefits, and the conceptual framework: definitions and measurement of elements of financial statements.
Prior to her position with the GASB, she served for four years as Chief Accountant for the State of Nevada Controller’s Office with responsibility for preparation of the comprehensive annual financial report. Her previous experience includes seven years with the Reno, Nevada office of Deloitte performing financial and compliance audits of state and local governmental entities.
She received a Bachelor of Science degree in Finance from the University of the Pacific and a Master of Public Administration degree from Columbia University. She is licensed as a certified public accountant in the state of Nevada.
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Jason E. Spiegel, CPA
Jason (Jay) Spiegel is an audit partner in KPMG's Government Practice based in the Short Hills, New Jersey office and has over 14 years of diversified experience in serving government, higher education, and not-for-profit organizations in the New Jersey and Metro New York areas. He has extensive experience in conducting financial statement audits in accordance with U.S. generally accepted auditing standards and Government Auditing Standards issued by the Comptroller General of the United States, as well as compliance audits in accordance with the single audit requirements under Federal OMB Uniform Guidance and New Jersey OMB Circular Letter 15-08.
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Paul T. Urbish, Esq.
Division of Local Government Services / Dept of Community Affairs
Paul is a Legislative Analyst for the State of New Jersey Division of Local Government Services. He provides assistance and advice in drafting regulations, as well as, provides input on pending legislation. He is also the primary contact at the Division for local and county procurement questions, providing technical guidance and advice to municipalities, boards of education, authorities, and counties throughout the State. Paul began his career in government at the Division in 2016 after practicing privately as a solo attorney focused on intellectual property transactions.
Paul graduated with his Bachelor degree in History from the College of New Jersey in Ewing, New Jersey, and completed his Juris Doctor at Temple University in Philadelphia, Pennsylvania.
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