Preconference Sessions

Preconference sessions will begin June 3, 2022. Below is the list of current preconference sessions offered at GFOA's 116th Annual Conference.

Friday, June 3, 2022

Overview of Treasury and Investment Operations

1:00 pm – 5:00 pm | 4 CPE Credits

Treasury and investment management policies and procedures are at the core of a well-functioning Finance office. This course will provide attendees with a discussion of GFOA best practices, advisories and resources related to all treasury functions, including payables, receivables, cash management, cash flow forecasting, investment management, and internal controls. Attendees will hear from treasury practitioners about treasury policies and procedures, and will have an opportunity to bring their own experiences and questions to the discussions.

Preparing a Capital Improvement Plan

1:00 pm – 5:00 pm | 4 CPE Credits

While the operating budget often gets more attention (and scrutiny), a government’s capital improvement plan provides the blueprint for acquiring the infrastructure, technology, large equipment, and other large and expensive assets that governments use to provide critical services. An effective capital improvement plan not only supports budgeting, it also provides direction for long-term financial planning, debt management, grants management, procurement, and many other processes. This course will go through GFOA best practices in long-range capital planning, capital budgeting, and asset maintenance using examples and case studies from leading governments. 

Saturday, June 4, 2022

Federal Funds Uniform Guidance

8:30 am – 12:30 pm | 4 CPE Credits

The Office of Management and Budget’s (OMB) Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (commonly called “Uniform Guidance” or “UG”)  is an authoritative set of rules and requirements for receiving and using federal awards. The UG covers all aspects of federal grants administration, from pre-award to audit. In this session, presenters will start with an overview of the UG, and then delve deeper into the responsibilities of recipients of federal awards pertaining to allowable costs, procurement, and subrecipient identification and oversight responsibilities.

Ethics in Government Finance

8:30 am – 12:30 pm | 4 CPE Credits

Knowing the right thing to do is not that hard. Doing the right thing in the face of pressure to do the wrong thing or at least look the other way can be very hard. In fact, ethical tragedies are often the result of people who sit silently on the sidelines afraid or uncertain of what to do about a transgression. In this session, speakers will provide an overview of GFOA’s Code of Ethics and apply the code to scenarios of ethical challenges that have occurred in real governments. Participants will learn a distinctive new approach to how to deal with the situations called “Giving Voice to Values,” which is focused on how to enact the values we already know. Attendees will also learn how to develop policies and create an environment and work culture based on these values for their own organization.

Responsibilities in Debt Management

8:30 am – 12:30 pm | 4 CPE Credits

Having a strong debt management program and utilizing best practices are essential government functions, and strongly influence an entity's overall capital planning and budget forecasts. During this session, participants will engage with their peers and industry experts on key areas in debt management-establishing a debt policy, the issuance process, closing the bond sale, primary market and continuing disclosure responsibilities, and other post-issuance matters. The course will be guided by GFOA's best practices in each of these areas, as well as practical information and lessons related to debt sales and managing an entity's debt program.

Undergoing a Federal Funds Single Audit

1:00 pm – 5:00 pm | 4 CPE Credits

The American Rescue Plan Act of 2021 (ARPA) contained the important Coronavirus State and Local Fiscal Recovery Fund (CSLFRF), which provided emergency federal funding to state and local governments for response and recovery efforts due to the COVID-19 pandemic. As a result of receiving these funds, many governments that have not had them in recent years are required to have a federal funds Single Audit. In this session, the presenters will walk through the Single Audit process from the perspective of an auditee, including discussion of the auditee’s responsibilities to prepare the schedule of expenditures of federal awards (SEFA), corrective action plans, and the data collection form. The speakers will also demystify the process by which auditors determine major programs, on which most audit testing and analytical procedures are performed. Throughout the session, attendees will learn tips on how to prepare their government for a Single Audit.

Note: This session will not specifically address ARPA and CSLFRF program requirements.

Basic Budgeting Principles

1:00 pm – 5:00 pm | 4 CPE Credits

The typical government budgeting process spans many months, and individuals from all departments and levels of the organization participate. The act of budgeting requires difficult decisions related to an organization’s priorities, goals for the upcoming year, and how it plans on serving the community. To ensure that all stakeholders support the final budget and execute it effectively, the budget process must provide for sufficient collaboration and be perceived as fair. This course will walk through a typical local government budget process, with special emphasis on how GFOA’s Financial Foundations Framework can be utilized to emphasize basic principles essential to a successful budget process. 

Alliance for Excellence in School Budgeting

10:00 am – 5:00 pm | 6 CPE Credits

GFOA’s Alliance for Excellence in School Budgeting is a networked group of districts working collaboratively to implement best practices in school budgeting and deal with current challenges facing all school districts. This session will provide practical strategies, lessons learned, and case study examples about HOW leading school districts from around the United States have implemented improved budget practices while also managing COVID, remote learning, and a variety of other challenges. GFOA’s best practices in school budgeting is a framework for enhancing a school district’s budget and planning processes. The framework includes practical recommendations on all aspects of the process from better collaboration, goal setting, strategy prioritization, utilizing cost effectiveness measurements to the development of a strategic financial plan and how to leverage the budget document as a communications device.