Governmental Accounting and Auditing Conference

Tuesday, May 18 8:30am - Wednesday, May 19 12:10pm

(Check-In 8:20am)

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8.00 Credits

Member Price $269.00

Non-Member Price $394.00


This virtual conference will be held during two consecutive 4-hour days (8:30 am - 12:00 pm on May 18 & 8:30 am - 12:10 pm on May 19).

Please note that when you register for this conference you are automatically registering for both days.

This CTCPA conference is designed to update practitioners and government finance officers in the area of governmental accounting and auditing.

Designed For

CPAs involved in governmental accounting and auditing. Also appropriate for government finance officers.


Instructions for accessing the livestream and course materials will be sent one week before the program date.

Tuesday, May 18

General Session

8:30am - 10:30am GASB Update

Lisa Parker

Lisa Parker

Lisa Parker is a senior project manager with the Governmental Accounting Standards Board (GASB). Prior to joining the GASB in 2008, Lisa worked for Runyon Kersteen Ouellette CPAs for 10 years, the town of Old Orchard Beach, Maine as finance director and interim town manager for 2 years, and the city of Saco, Maine as finance director for 8 years.

Lisa is a certified public accountant and a chartered global management accountant. She also is a member of the Association of Governmental Accountants, the American Institute of Certified Public Accountants, and the Maine Society of Certified Public Accountants, where she served as president. Previously, Lisa was president of the Maine Governmental Finance Officers Association, an executive board member of the New England Governmental Finance Officers Association, and a member of a national GFOA standing committee.

Lisa attended Boston College and the University of Southern Maine graduating with magna cum laude honors and a bachelor’s degree in accounting.

Presented by: Lisa R. Parker, CPA, CGMA - Senior Project Manager, Governmental Accounting Standards Board

This session will give an overview of the GASB pronouncements that become effective in the coming fiscal years as well as some pronouncements that were directly related to the CARES Act and the impact of the pandemic. Time permitting, the session also will explain some of the projects on GASB’s current technical agenda and research agenda.

General Session

10:45am - 12:00pm Remote Auditing

Presented by: William A. Early, Jr., CPA - Principal, State and Local Government at CLA (CliftonLarsonAllen LLP)

Jim Kreiser  - Principal, Risk Management, Specialized Advisory Services at CLA (CliftonLarsonAllen LLP)

More details coming soon

Wednesday, May 19

General Session

8:30am - 9:30am Single Audit Update

More info coming soon

General Session

9:35am - 10:40am The Importance of Sound Actuarial Assumptions for Pension and OPEB Measurements

Rebecca Sielman Principal, Consulting Actuary, Milliman, Inc.

Rebecca Sielman

Becky has done extensive technical and consulting work in all aspects of public defined benefit pension plans and retiree medical programs, including actuarial valuations, financial reporting calculations, plan design studies, experience studies, administration, and employee communications. She specializes in using complex interactive models to assist clients in understanding and managing their retirement programs. She is also a leading expert and frequent speaker on GASB 68 and GASB 75 issues. Becky currently serves on the Connecticut Municipal Finance Advisory Commission and on the board of the Connecticut Public Pension Forum. She is the author of the Milliman Public Pension Funding Study, which examines the finances of the 100 largest US public pension plans.

Becky is the actuary for nearly one hundred municipalities throughout the lower New England states.

Presented by: Rebecca A. Sielman, FSA - Principal and Consulting Actuary at Milliman

We will discuss mortality tables, interest rate assumptions, and other actuarial assumptions that have a material impact on the measurement of pension and OPEB liabilities.  We will cover national sources of data as well as local experience studies, and we will demonstrate the extent to which changes in the assumptions can move the liabilities.

General Session

10:55am - 12:10pm Fraud, Theft and Abuse Within Governmental Entities: It’s There to Be Discovered

Stephen Pedneault

Stephen Pedneault

Stephen Pedneault is the Principal of Forensic Accounting Services, LLC, a Manchester, Connecticut CPA firm, focused exclusively on forensic accounting, fraud, and litigation support matters. His technical expertise and intuitive investigative awareness have made Stephen a sought after litigation expert by legal, accounting and law enforcement communities. Steve Pedneault is a highly regarded member and invaluable strategic partner of legal teams throughout the state.

Through his investigative work, Stephen has examined frauds ranging from a few thousand dollars to amounts well in excess of several million dollars. His expertise also lies in preventing and investigating embezzlements and financial statement frauds, evaluating financial disclosures in matrimonial and probate concerns, and utilizing forensic accounting within litigation matters.

Stephen Pedneault brings 31 years of public accounting experience, credentialed as a Certified Public Accountant (CPA), Certified in Financial Forensics (CFF), Forensic Certified Public Accountant (FCPA), and a Certified Fraud Examiner (CFE). He has an Associates Degree in Criminal Justice from Manchester Community College and a Bachelors Degree in Accounting from Eastern Connecticut State University, graduating Summa Cum Laude.

Stephen has written four books published by Wiley. Fraud 101 (September 2009), Anatomy of a Fraud Investigation (January 2010), Preventing And Detecting Employee Theft And Embezzlement, A Practical Guide (June 2010), and Forensic Accounting and Fraud Investigations for Non-Experts (April 2012), is a layperson’s introduction to financial fraud and forensic accounting. In addition, Stephen has contributed to three fraud case books, and authored numerous published articles appearing locally and nationally.

As an adjunct faculty member to the University of Connecticut faculty, Steve has developed an innovative course on forensic accounting that has been offered since 2008 within UConn’s Masters of Science in Accounting (MSA) program. The course provides an overview of forensic accounting, identifying the qualities and attributes required of a forensic accountant, and provides students with an approach and skill set to enable them to perform a forensic accounting assignment.

Stephen is a frequent guest lecturer and an adjunct faculty member at the Manchester Community College. He has been requested by businesses and student organizations to speak over 250 times on a range of topics including forensic accounting, fraud prevention, risk assessment, embezzlement, probate concerns, and other related issues at local and national venues.

Presented by: Stephen Pedneault, CPA/CFF, CFE - Principal of Forensic Accounting Services, LLC

In the media: Rita Crundwell of Dixon, Il, $53 Million;  Henry Centrella of Winsted, $2 million;  Fred Manfredonia of Stamford, $351,000;  Tomecka Gilkes of Prospect, $100,000;  John Reynolds of Norwalk, $26,000;  Catherine Finkle of East Haven, $38,000; Eleanor Cruz of Hebron, $14,000; and Matthew George of Glastonbury, about $1,000.  Fraud, theft and abuse is happening in cities and towns across the country.  Given the societal and economic impacts the pandemic has had, fraud, theft and abuse is likely more prevalent today just waiting to be discovered, and towns and municipalities can’t afford to have their limited funds diverted.  Now is the time to be vigilant.

Non-Member Price $394.00

Member Price $269.00