Teaching Points:

With upcoming changes in generally accepted accounting principles (GAAP) and the compliance update for Class II MICS; prioritization and implementation can become a daunting task for gaming properties of all sizes. This course will give you the information you need to assess the Class II MICS changes and become familiar with the changes in GAAP relating to Loan Fees, Partnerships, Tribal Distributions, Gaming Revenue, GAAP FASB Codification, just to name a few.

We will also give you the tools to differentiate between Commercial Gaming GAAP and Tribal Gaming GAAP for use in Benchmarking Analytics, providing a clear picture of where your property stands versus the competition.

We will also review the AICPA Gaming Guide and offer NAFOA Gaming Q&A Guidance in class and you will receive an authorized copy of the AICPA Gaming Audit and Accounting Guide, an indispensable Guide for anyone in the gaming industry.Learn the tools you need to properly account for your Gaming property while implementing changes necessary to meet requirements.

New Topics:

• GAAP Hierarchy for Tribal Gaming
• Determining the Reporting Entity (Enterprise Fund, Blended Component Unit, Discretely Presented Component Unit)
• Review Upcoming Changes in GAAP (Loan Fees, Partnerships, Tribal Distributions, Gaming Revenue, GAAP GASB Codification, etc.)
• Highlight Differences between Commercial Gaming GAAP and Tribal Gaming GAAP for use in Benchmarking Analytics
• Compliance Update for Class II MICS Implementation and Roadmap to Compliance Exercise
• Review of the AICPA Gaming Audit Guide and NAFOA Gaming Q&A Guidance

Instructors:

Ryan Burns
Partner; Directory of Audit and Assurance
Egghart, LLC | CPAs

Sheryl Ashley
Partner; Director of Risk Consulting
Egghart, LLC | CPAs

Date/Location:

August 6-7 2013

Egghart Education Center

Reno, Nevada

Register today for this one and a half day fully comprehensive course for only $450 per person.

Call us today to register (775) 827-5999.
Or email us at This email address is being protected from spambots. You need JavaScript enabled to view it. .

Discounts available for groups of four or more.

Teaching Points:

The accounting and audit environment for tribal governments is constantly evolving based on the changing governmental and tribal business activities as well as changes in applicable generally accepted accounting principles and generally accepted audit standards (GAAP & GAAS). We have provided this two-day workshop to help your tribe’s accounting and finance professionals assess the upcoming changes, applicability, and associated risks and / or opportunities to your Tribe. This workshop will also help your staff understand the external audit procedures, audit finding classifications, and reporting requirements as well as review the updated day to day accounting standards.

New Topics:

• GAAP Hierarchy and Subsequent Event Reporting for Tribal Governments (GASB 55 & 56)
• Fund Balance Reporting (GASB 54) for your Tribe’s General Fund
• Derivative Accounting (GASB 64/53) for your Tribe’s Interest Rate Swaps
• Financial Accounting Standards Codification (GASB 20 & 62)
• Audit Guide for State and Local Governments Update
• Single Audit Update (OMB Circular A-133), ARRA, and Transparency
• Accounting and Financial Reporting for Joint Ventures (Tribal & Non - Tribal Partnerships, LLCs, and Corporations)
• Accounting and Financial Reporting for Tribal SBA 8(a) Entities Including Government Contracting and Construction Activities
• Audit Issue Resolution (Findings, Exceptions, Control Deficiencies, Etc.)

Review Topics:

• Understanding the Audit and Finding Reporting Process
• Grant and Contract Accounting
• Accounting for Indirect Cost and Indirect Cost Pools
• Capital Asset Accounting
• Reporting to the Federal Audit Clearinghouse (Government-Wide, Departmental, and Primary Government Options)
• Overview of Applicable Cost Principles (OMB Circular A-87 / 2 CFR), and the Common Rule (OMB Circular A-102)
• Reporting Entity Issues (Fund, Department, Discrete and Blended Component Units)
• Funding Categories and Fund Type Reporting
• Government-Wide Financial Reporting, MD&A, and Budgetary Reporting RSI (GASB 34)

Who Should Attend:

Tribal Governments:

• Grant and Contracts Accountants
• Accounting / Finance Staff
• Controllers / Finance Directors
• Internal Auditors

Tribal Council and Commission:

• Treasurers / Council Members
• Compliance Officers

Date / Location:

May 21-22, 2013

Egghart Education Center

Reno, Nevada

Register today for this two day fully comprehensive course for only $575 per person.

Call us today to register (775) 827-5999.
Or email us at This email address is being protected from spambots. You need JavaScript enabled to view it. .

Discounts available for groups of four or more.

Full Brochure and Registration form found here.