Note that this description has not yet been updated for the 2003 seminars.

"Setting Up Financial Statements for GASB 34"

A hands-on workshop using AuditWare for Local Governments (ALG), the most powerful software in the industry for local government audit reporting! (4 CPE Credits)

The time to learn about producing GASB 34 statements for a local government is now, even if you are not involved with actual implementation this year. Since AuditWare allows you to switch back and forth between the old and new reporting models, you can begin setting up the financial statements now without disturbing your old model statements and get ahead of the learning curve. Also, you will undoubtedly want to produce draft statements in GASB 34 format for some of your clients to show them the impact on equity. We expect all existing users who will be implementing or experimenting with GASB 34 this year for a local government to be represented at one of these seminars..

                                                             Summary of Content
Since the basics of dealing with GASB 34 in AuditWare are covered in the full-day seminars, attendance at one of those seminars is a prerequisite to this one. This morning session will concentrate on how to set up financial statements for the new reporting model, including how to revise existing ones, but will also cover the ALG general features which have changed since last year. Included will be the following: 1) A brief review of the basics of financial statement setup procedures, including the most efficient sequence; 2) Setting up the fund level statements, including use of the new "major/nonmajor fund" column of those setups; 3) Using the new AW (AuditWare chart of accounts) and RFN (revenue function) columns of the setup to produce the government-wide statements; 4) Setting up for the new, "Round up the usual suspects" command and for automated adjustments associated with the new government-wide adjustment journal; 5) How to enter a SAG (specified account group) name directly in the trial balance (a "breakthrough" new feature); 6) Since ALG allows for use of any chart of accounts, regardless of how illogical, we will discuss how to overcome some of the common challenges quickly and speed up the process.

                         Hands-On, Fast-Moving, Spiced-Up, Get-To-The-Point Training
You are encouraged to bring your own notebook computer. An overhead projector will also be displaying the live computer on a large projection screen for the benefit of those without computers and to keep everyone "on the same page." We'll have the latest AuditWare program and a sample client available for installation on all computers at the start of the day. In the case of those attending who are not already AuditWare users, this will be a 30-day free trial version.

We try to make our workshops the best and most enjoyable you attend all year. Since they sometimes deal with rather dry and complex material, we try hard to make them fun and lively, provide a variety of learning methods and spice them up with humor when possible.

                                                     Other Workshop Information
It starts at 8:30 and ends at noon. Four CPE credits are available. Go to "Dates & Locations" to view the schedule. Attendance is encouraged for auditors and other professional staff of CPA firms, cities, counties, or state agencies who are involved with audit reporting, including current and prospective users of the AuditWare for Local Governments product who want an overview or update as to how ALG will work for GASB 34.

                                                      Registrations, Refunds, Etc.
Click Here to print a registration form. Alternatively, call us at (800) 688-2333 or  e-mail us and we will fax you a form. The cost  is $125 per registrant. Seminars can be presented in house at a cost of $600 plus out of pocket expenses. Substitutions may be made as needed. Cancellations received less than 7 calendar days prior to the seminar will be assessed a $75 processing fee with the remainder refunded. Alternatively, the full amount may be applied to another seminar. You will not receive a confirmation of your registration. Individual seminars are subject to cancellation. Dress is casual. If you can't attend a seminar but want more information on AuditWare products, contact us at the numbers and addresses listed below.

                                                                      About Us
For more than 15 years we have been providing software to auditors of local governments. Last year, more than 600 school district audit reports (Texas and California) and approximately 125 audit reports for cities, counties and special districts (Texas, California and Mississippi) were produced with our software.

AuditWare Development Company, Inc.
Tel: (800) 688-2333; Fax: (877) 898-0865; Email: auditware@TheAudit.com; Web Site: www.TheAudit.com