Ratings Agencies, State of the States 2024 and Government Accounting Training Day-2024
October 10, 2024
8:30-12:25 P.M.
Register: https://goto.webcasts.com/starthere.jsp?ei=1686122&tp_key=1777cf4473
At the end of the session, you will be able to:
Rating Agencies’ Methodology for Rating U.S. States
- Recognize types of debt issued by State and Local Governments
- Identify the process and benefits of bond credit ratings from Rating Agencies
- Describe Methodology used and main factors considered by Rating Agencies when issuing credit ratings on State debt
- Discuss the process of debt issuance and credit ratings for State of Vermont
State of the States 2024
- Identify current trends impacting state financial professionals as well as practices to address such trends
- Recognize current economic indicators and outlook topics for the states
- Discuss the impacts of upcoming accounting and audit guidance
Accounting Complexities for Governments
- Recognize certain accounting complexities in governmental accounting
- Identify the proper usage and disclosures required for various transactions
- Discuss unusual activity related to intra/interfund activities
Schedule
8:30-8:35 A.M. Welcome, housekeeping, including CPE info on how to obtain GIB credits, Introductions
8:35-9:25 A.M. Rating Agencies’ Methodology for Rating U.S. States
Instructed by Scott Baker & George Steelman
This session will provide an overview of the factors that the Rating Agencies consider in assigning bond credit ratings to the debt issued by the U.S.
9:25-9:40 A.M. Break
9:40-10:55 A.M. State of the States 2024
Instructed by Jim Piotrowski
This session will discuss current key trends impacting the management of state finances as well as related solutions being implemented by state financial professionals.
10:55-11:10 A.M. Break
11:10-12:25 P.M. Accounting Complexities for Governments
Instructed by Sean Walker
Identify guidance and standards for complex areas such as calculating net investment in capital assets, intra-entity sales and transfers of capital assets, impairment losses, debt refunding, and calculation of related gains/losses. Properly account for such transactions on both the modified accrual and accrual basis of accounting.
CPE
Prerequisites: None
Program level: Overview
Advance preparation: None
Delivery method: Group Internet Based
Recommended CPE: 4 Credits (Accounting Governmental)
NASBA Statement
CliftonLarsonAllen LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
CPE Sponsor Policies
For more information regarding CliftonLarsonAllen’s CPE Sponsor policies, contact Elizabeth.spencer@claconnect.com