COVID-19 Issues for Government Accountants and Auditors
Author: Robert K Minniti
CPE Credit: |
2 hours for CPAs |
With the onset of the COVID-19 virus and the shutdown of the worldwide economy government accountants and auditors face many new challenges and issues. New issues include reduced tax revenue, benefits fraud, employees working remotely, quarantines, increased expenses, social distancing, remote audit work, etc. This course is designed to review new issues that have occurred because of the COVID-19 pandemic and discuss ways to address the issues.
Publication Date: August 2020
Designed For
CPAs, CFEs, CMA, CIAs, CFFs, MAFF, CGMAs, CFOs, CEOs, business owners, business managers, internal auditors, external auditors, government accountants and risk management personnel.
Topics Covered
- Government Accounting & Auditing
- COVID-19 issues
- The Crisis's Impact on Budgets
- Revenue Issues
- Review of General Government Risks
- Education Issues
- Unemployment Program Issues
- Expanded Unemployment Benefits
- Unemployment Fraud
- Federal Paid Leave for COVID-19
- Quarantine & Shutdown Issues
- Medical Issues
- Medicare Frauds
- Cybersecurity Risk Factors
- Federal County Priorities in Response to COVID-19
- COVID-19 Frauds
Learning Objectives
- Identify issues and opportunities for government accountants and auditors related to the COVID-19 pandemic
- Recognize which individuals generally qualify for extended unemployment coverage
- Identify an example of an activity used to gain personal or business information
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Accounting (Governmental) (1 hour), Auditing (Governmental) (1 hour)
Program Prerequisites
None
Advance Preparation
None