Members Login

Forgot your password?
Not a Member Yet? You're Missing All the Benefits, JOIN NOW!

Governmental

Keeping you up to date with the latest CPE Governmental news and information.

Suggested Guidance Report for Minimum Standards for Audits of Oregon Municipal Corporations

View Detail Revised: August 2010 The Oregon Secretary of State, Division of Audits publishes and periodically updates the Minimum Standards for Audits of Oregon Municipal Corporations. Municipal Auditors in Oregon are required to comply with the requirements set forth in these Minimum Standards. It should also be noted that it is the responsibility of the users to determine if the publication is current. The Governmental Accounting and Auditing Strategic Interest Team of the Oregon Society of CPAs is providing the following suggested report for the requirements of the Minimum Standards. The objective is to provide auditor's with guidance but should not be considered a replacement for professional judgment. Representatives of the Oregon Secretary of State, Audits Division and the AICPA have reviewed this report and provided input, however, the report should not be considered authoritative. **See Related Items tab to download the Word document.

Examples of Retirement Plan Notes for PERS Participating Governments

View Detail Compiled by the OSCPA Governmental Accounting and Auditing Strategic Interest Team.

Proposed Federal Grant Reforms and Impact on Governmental Entity Recipients

View Detail The Office of Management and Budget (OMB) recently proposed significant changes to their uniform guidance for federal financial assistance. The proposed changes were developed in response to Executive Order 13520, Reducing Improper Payments, as well as the President’s Memorandum on Administrative Flexibility, Lower Costs, and Better Results for State, Local, and Tribal Governments, which compelled the OMB to work closely with Federal agencies; state, local, and tribal governments; and other stakeholders to identify and evaluate grant policy reforms which would achieve better outcomes for federal programs while at the same time reducing the cost associated with ensuring compliance. Some of these proposed changes are expected to have an impact on recipients of federal awards.

Minimum Standards for Reviews of Municipal Corporations

View Detail Brought to you by the OSCPA Governmental Accounting and Auditing Strategic Interest Team. See the latest update on minimum standards for reviews of municipal corporations and access a sample letter for mamgement representation of fiscal affairs required by Oregon regulation.

Reporting in the Financial Statements of Component Units Under GASB #61

View Detail Oregon Society of CPA’s Governmental Accounting and Auditing Strategic Interest Team has discussed the changes to the requirements for reporting component units under GASB #61.

Municipal Audit Grid

View Detail Helpful Tool for Admittance Process to Oregon Board of Accountancy’s Municipal Roster

Governmental Resources

View Detail Links to: Government Accounting Standards (Yellow Book), and Guidance on GAGAS Requirements.

Suggested Audit Guidance and Disclosures for Minimum Standards for Audits of Oregon Municipal Corporations

View Detail The Oregon Secretary of State, Division of Audits publishes and periodically updates the Minimum Standards for Audits of Oregon Municipal Corporations. Municipal Auditors in Oregon are required to comply with the requirements set forth in these Minimum Standards. It should also be noted that it is the responsibility of the users to determine if the publication is current. The Governmental Accounting and Auditing Strategic Interest Team of the Oregon Society of CPAs is providing the following suggested audit guidance and disclosures for each requirement of the Minimum Standards. The objective is to provide auditor’s with guidance but should not be considered a replacement for professional judgment. Representatives of the Oregon Secretary of State, Audits Division have reviewed this document and provided input. However, the document should not be considered authoritative. See link below for the document.

GAO Issued Significant CPE Changes

View Detail Yellow Book Disallows Tax CPE for Government Auditing Standards

Subscribe to Oregon Department of Revenue Listserv for Oregon Local Budget Law Information

View Detail This list contains training announcements, special notices to taxing districts, summaries of changes in statute and other material related to Oregon's Local Budget Law.

Back to List