[ACFR-contacts-news] FW: ANNOUNCING -- May 1 Webinar -- Uniform Guidance: 2024 Update

Tue Apr 23 15:37:53 PDT 2024

Good afternoon ACFR Contacts,

SARS will be hosting the NASACT Webinar "Uniform Guidance: 2024 Revision", which will be held on Wednesday, May 1 from 11:00 am - 12:00 pm. The webinar provides for one hour of CPE as well. If you're interested, click on the highlighted "here" below to obtain your individual Zoom for Government link. Once you do, you'll be asked to register with your name and email, after which you'll receive an email from Meredith Johns that will contain the actual link that can be added to your Outlook calendar.

Note: In NASACT's email there is also information about the July 11 NASACT Webinar titled "GASB Review 2024". The email about that registration will come at a later date.

Following is information from the registration email from NASACT:

Thank you for registering for NASACT's webinar: Uniform Guidance: 2024 Revision on May 1, 2024 from 2:00 - 3:00 p.m. ET.

Click here<https://www.zoomgov.com/webinar/register/WN_V6CpZdjyTNyNhv2qwJRaAg> to receive your individual Zoom for Government link.

CPE VERIFICATION PROCESS

NASACT has a new CPE Process, so we just want to provide you with the information you will need in order to request CPE for our webinar.

Please note that every attendee will need a cell phone that can read a QR code or some type of device that can access an internet browser in order to request CPE. Verification codes will be announced and should be entered into our CPE verification system, called Conferences IO, in real-time during the webinar.

Our moderator will provide complete instructions during the webinar, but the instructions are also provided below.

Each individual who will request CPE must have access to an internet browser on a computer or mobile device to request CPE. You will be prompted during the webinar to:

  1.  Navigate to https://nasact.cnf.io<https://nasact.cnf.io/> (or use the QR code that will be provided live during the webinar)
  2.  Enter name and email address.
  3.  Click CHECK IN. Be sure to check in to the session - a time stamp captures the time your participation begins.
  4.  Enter your CPE codes. At various times throughout this session the instructor will arrive at a slide which contains a 3-digit CPE code. When a CPE code slide appears during the presentation you will need to go to Conferences i/o, tap the "Codewords" button and submit the CPE code. The tool will indicate whether or not you have entered a valid code.
  5.  Click CHECK OUT. Be sure to check out to complete your CPE request.
If you have any questions, please let me know or call our office at (859) 276-1147.

Please reach out if there are any questions.

Rob

Robert W. Hamilton, CPA
State Controller
971-719-3031

From: National Association of State Auditors, Comptrollers and Treasurers <mjohns at nasact.org>
Sent: Tuesday, April 16, 2024 6:57 AM
To: Robert Hamilton <robert.w.hamilton at state.or.us>
Subject: ANNOUNCING -- May 1 Webinar -- Uniform Guidance: 2024 Update

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The much-anticipated revision to OMB's Uniform Guidance was released on April 4, 2024. Join us for this webinar to learn about the major changes to this important guidance for recipients of federal financial assistance and their auditors. Among these changes are:

  *   Increasing the single audit threshold from $750,000 to $1 million
  *   Increasing the de minimus indirect cost rate from 10% to 15%
  *   Using the term recipient and subrecipient instead of non-federal entity (except in certain areas like subpart F implementing the Single Audit Act)
  *   Increasing equipment and supply thresholds from $5,000 to $10,000
  *   Revising areas of the cost principals including clarification of pension and post-retirement health plans
  *   Revising the template text for a Notice of Funding Opportunity (NOFO)
These and other changes will be addressed during this informative and timely webinar. This is one you don't want to miss!

LEARN MORE<https://nasact.us12.list-manage.com/track/click?u=61c76c4b320bf504df577d7d7&id=2c3f2f3065&e=224cba0fa0>

REGISTER<https://nasact.us12.list-manage.com/track/click?u=61c76c4b320bf504df577d7d7&id=e4fe860411&e=224cba0fa0>

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NASACT is pleased to announce the latest in its series of training events addressing timely issues in government accounting, auditing, and financial management.

As the fiscal year-end for most state governments quickly approaches and a new year begins, it is an opportune time for financial statement preparers and auditors to get a refresher on standards that will be effective for June 30, 2024, financial statements, as well as recently released GASB statements that will require attention in fiscal year 2025. This webinar will provide must-know guidance on these standards.

Effective for fiscal year June 30, 2024, are:

  *   Statement 99 - Omnibus 2022 (Financial Guarantees and Classification of Derivatives)
  *   Statement 100 - Accounting Changes and Error Corrections
  *   IG 2021-1 - Update (5.1)
  *   Effective for fiscal year June 30, 2025, are:
  *   Statement 101 - Compensated Absences
  *   Statement 102 - Disclosure of Certain Risks
The webinar will also cover key standards and projects on GASB's technical agenda.

LEARN MORE<https://nasact.us12.list-manage.com/track/click?u=61c76c4b320bf504df577d7d7&id=0782149751&e=224cba0fa0>

REGISTER<https://nasact.us12.list-manage.com/track/click?u=61c76c4b320bf504df577d7d7&id=d81066dd8e&e=224cba0fa0>
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