Welcome!
Statement of Auditing Standards #112 requires school districts to be able to prepare their own financial statements. If a district cannot prepare their own, they have a control deficiency. This workshop is designed by CPAs to give schools the information they need to satisfy this requirement. Your professional reputation and higher auditing fees may be “on the line.” Annual attendance will help you meet this requirement.
View the 2025 Agenda
Materials
9:00 – 9:15 am
Understanding the Implications of AU 265 – .25 hours
Presenter: Jason Helsen, MSBO
9:15 am – 12:15 pm
Fund Level Financial Statements – 3.0 hours
District Wide Financial Statements and Reconciliation
Presenters: Nicole Abel and Kristen Casler, Plante Moran
Handout – Exhibit B – Sample School District Financial Report
1:00 – 2:45 pm
Notes to the Financial Statements – 1.75 hours
Required Supplementary Information Additional Information GASB Accounting & Reporting Updates Schedule of Expenditures of Federal Awards & Related Notes
Presenters: Nicole Abel and Kristen Casler, Plante Moran
3:00 – 3:30 pm
Management Discussion & Analysis – .5 hours
Presenters: Christine Thomas-Hill, Traverse City Area Public Schools
Total:
6.0 SCECHs and CPE 7.2 Auditing and Accounting