Every other year, GFOABC partners with CPABC for the biennial Local Government Accounting and Auditing Workshop. This workshop includes techincal accounting presentations on new and changing public sector accounting standards relevant to local government.
November 18 & 19, 2021 | Agenda | Register
DAY 1
PSAB Update
Conceptual Framework & Reporting Model
Employee Benefits
GFOA Canadian Financial Reporting Awards
Asset Retirement Obligations - Local Government Roundtable
Moderator/Presenters: Asifia Hirji, KPMG, Jamie Slater, Regional District of Nanaimo, David Hallinan, City of Kamloops, and Deborah Bodnar, District of Port Hardy, Baily Church, KPMG.
As the fourth workshop of the four-part ARO Workshop Series is rolls out in November. Three distictly different local governments will share some of the key takeaways from the workshop as they embark on implementing PS 3280. From scoping challenges to asset management plan impacts, each local government has unique challenges and perspectives as they contemplate next steps.
DAY 2
City of Vancouver Internal Audit
Cyber Privacy & Security
Accounting for Natural Assets
Presenters: Bailey Church, KPMG; Joanna Eyquem, Intact Centre on Climate Adaptation, University of Waterloo; and Roy Brooke, Municipal Natural Assets Initiative
This session will provide an overview of the global efforts underway to understand the contribution of natural assets and to address issues around the recognition, measurement, presentation, and disclosure of natural resources. The United Nations, IPSASB and the Taskforce on Natural-related Financial Disclosures (TNFD), made up of financial institutions, regulators and corporations, are making significant inroads on valuing natural assets. How will global efforts impact local government and the public sector in Canada? What are the opportunities and challenges for the local government sector to leverage work already done by others in the sector? How can accounting for natural assets fit into current asset management efforts?
Medley of Accounting & Auditing Issues - Audit Partner Roundtable
Presenters: Brandon Ma, KPMG, Brian Szabo, BDO, and Cory Vanderhorst, MNP
The audit partner roundtable is a biennial favorite of this workshop. Panelists discuss the accounting and auditing issues currently facing local government public sector finance and answer attendee questions.
Ethics in Local Government
Moderator/Presenters: Mario Piroddi, BDO, Jervis Rodrigues, BDO, and Reece Harding, Young Anderson
Local government financial officers are one of two officers assigned by statute in the Community Charter and Local Government Act. The financial officer holds a significant amount of responsibility for exercising control and supervision over the financial affairs of their local governments. They must ensure that they act in an ethical manner and in the public’s interest. For those who are professional accountants in BC, they are also bound by the Code of Professional Conduct. This session will be a facilitated conversation around local government governance and ethical issues and the intersection of ethical standards of care in local government and the general and specific duties of the profession.
Recently appointed as BC’s first local government ethics commissioner for the City of Surrey, Reece Harding will share some key themes from his first year as commissioner as well as his extensive experience as a local government lawyer at Young Anderson. Reece will be joined by Jervis Rodrigues from BDO who will share his more than 30 years of experience in governance and ethics from his work at BDO, BC Lottery Corporation and beyond.
Registration is through CPABC, please register here.