Association of Government Accountants
The Central Kentucky Chapter
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October 2003 - Volume XXIV, Issue 15 |
Meeting Notes of the Chapter Executive Committee
By Phil
Nally, Chapter Secretary
The Central Kentucky Chapter met at the Office Pub and Deli on September 4, 2003. There were 40 members and guests in attendance.
The guest speaker was Linda Greenwell, Republican candidate for State Auditor. Ms. Greenwell, a manager for UPS in Louisville, told the audience she has a degree in Police Administration and lives on a farm in Spencer County.
She told the audience that she was seeking office to bring about change in Frankfort. If elected, she was looking to seek direct input from all levels of employees on office matters.
Ms. Greenwell plans to work
to end the abuse of government resources and work to make the Auditor’s Office
more accessible to state agencies and others in need of its services.
A question and answer session followed her remarks. There being no other business, the meeting
was adjourned.
Upcoming Events
Annual
Governmental Accounting and Auditing Update
October
27 - 28, 2003
Holiday
Inn Capital Plaza
Frankfort,
Kentucky
Auditing
Update
Monday,
October 27
v
2003 Revision of Government Auditing Standards
v
New AICPA Standards
Accounting
and Financial Management Update
Tuesday,
October 28
v
Single Audit Update
v
Governmental Accounting Standards Board
Update
Our discussion leader will be W. A.
(Bill) Broadus, Jr., CPA. Bill is a nationally recognized expert on
governmental accounting and auditing.
GAO has revised the entire Yellow Book. The financial-related audit
category has been eliminated, and the definition of financial audit has been revised.
A new chapter has been added on attestation engagements. The definition
and requirements for performance audits
have been revised. Bill plans to spend
most of the Monday on these significant Yellow Book revisions.
Also, the AICPA continues to issue new auditing standards every
year, some of which are particularly applicable to the government
environment. Bill plans to emphasize
Statement on Auditing Standards No. 99, Consideration
of Fraud in a Financial Statement Audit.
On Tuesday, Bill will explain the new single audit threshold and
other potential changes to the single audit process that can affect a
government’s financial management policies and procedures.
Bill will also review GASB 34 related accounting standards, new
implementation guides, and activities related to service efforts and accomplishments
reporting.
Pricing
Information:
AGA members
1
day $125
2
days $225
Non-members
1
day $150
2
days $250
Group rates
(5 or more from one agency)
AGA members
1
day $100
2
days $200
Non-members
1
day $125
2
days $225
Registration forms are on the AGA website
at http://www.ckyaga.com/.
Of
the Central Kentucky Chapter
For
the month ended August 31, 2003
By
Rick Waddle, Treasurer
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Central Account |
Education
Account |
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Beginning Bank Balance
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$3,243.84 |
Beginning Bank
Balance |
$1,330.63 |
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Revenue: |
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Revenue: |
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Interest |
2.35 |
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Total Revenue |
2.35 |
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Total Revenue |
0.00 |
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Expenses: |
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Expenses: |
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Total Expenses |
0.00 |
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Total Expenses |
0.00 |
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Ending Bank Balance |
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$3,246.19 |
Ending Bank
Balance |
$1,330.63 |
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Office CEC Officers Email Address Phone President Roy Hunter (502) 695-1040 President-Elect Lee Ann Watters (502) 695-1040 Past President Cindy Upton (502) 564-8100 Secretary Phil Nally (502) 564-7750 Treasurer Rick Waddle (502) 564-7750 Program Coordinators Margaret Hurst, Rick Waddle, and Phil Nally (502) 564-8100 (502) 564-7750 (502) 564-7750 Early Careers Director Sharon Parrish (502) 564-6910 Education & Training Coordinator Cindy Upton (502) 564-8100 Newsletter Editor Linda Sagraves (502) 573-0050 Historian Don Fields (502) 564-7334 Community Service Rex Gregory (502) 564-7334 Attendance Coordinator Linda Sagraves (502) 573-0050 Membership Coordinator Amy Small (502) 573-0050 CGFM Coordinator/Public Relations Coordinator Mary Hudson (502) 573-0050 Website Development Coordinator Dan Flaherty (502) 573-0282 Central Kentucky AGA Website
Chapter Executive
Committee