CEU and CPE Credit

The following CPE Subject Areas are reflected in this program:

• 3.0 CPE credits of Accounting
• 1.0 CPE credits of Behavioral Ethics
• 9.0 CPE credits of Finance
• 3.0 CPE credits of Management Services
• 1.0 CPE credits of Regulatory Ethics
• 1.0 CPE credits of Special Knowledge
• 3.0 CPE credits of Taxes
• 3.0-4.0 CPE credits of Undecided.

Upon successful completion of the program, participants will receive a total of 24 hours of CPE credit. Participants are required to attend and participate in each complete session to receive CPE credit.

 

The program content is appropriate for business professionals from entry level to mid-level managers. For CPE purposes, the knowledge level of the course is "intermediate." There is no prerequisite education/experience or advance preparation required for participating in the program. Instructional delivery method—Group Live: Synchronous learning in a group environment with real time interaction of an instructor or subject matter expert that provides the required elements of attendance monitoring and engagement.

 

The Oklahoma State University Center for Future of Work is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through: www.nasbaregistry.org

Financial Statements and Interpreting Data

Attendees will:

• Review the information presented on financial statements
• Analyze data on financial statements

Developing a Toolkit to Help Financial Leaders to Educate/Teach Non-Financial Leaders

Attendees will:

• Discuss and describe the goal of the financial manager
• Identify the implications for decision-making

Using Financial Data in Accounting

Attendees will:

• Review the unique characteristics between finance and accounting matters
• Identify and analyze common financial ratios and scenarios. Identify and understand the accounting standards that require the use of certain financial ratios

Process Improvements for the Finance and Accounting Department

Attendees will:

• Identify and analyze risks to reliable financial reporting
• Develop and manage appropriate responses to risks to reliable financial reporting

Principles and Standards — Tribal Governmental Accounting

Attendees will:

• • Identify GASB standards that include accounting and disclosure requirements for:
  • Debt
  • Capital assets (including GASB 87 Updates)
  • Investments
  • Fiduciary Funds
  • Revenue recognition, governmental
  • Expenditure recognition, governmental

Internal Controls, Managing and Budgeting of Tax Revenues

Attendees will:

• Discuss accounting recognition for taxes from GASB standards
• Discuss the use of tax revenues and accounting per GASB standards
• Review budgeting and monitoring of tax revenues and uses
• Identify internal controls for administering tax revenue programs

Tribal Revenues Taxes and Payments

Attendees will:

• Identify the types of tax revenues that governments assess, and the typical tax revenues they may enact
• Review the types of federal taxes and some state taxes that tribes are required to pay, including the IRS published guidance for Tribes
• Discuss what state/tribe tax revenue sharing agreements are and review a couple of examples of such agreements

How to Create a Cash Flow Statement

Attendees will:

• Identify the importance of utilizing a cash flow pro forma statement during the budgeting process
• Review how to estimate cash inflows and outflows to plan for future financing and investing opportunities
• Examine the importance of properly managing cash flows, updating projections and communicating unfavorable variances to those charged with governance

Fair Value Accounting of Investments

Attendees will:

• Examine key provisions for reporting investments at fair value in GASBS 72 Fair Value Measurement and Application and GASBS 90 Majority Equity Interests
• Review how to read and understand the disclosure requirements for investments
• Identify the financial reporting requirements for your Tribe’s investments and when to reach out

Fraud Prevention and Detection

Attendees will:

• Identify key risks of fraud that impacts Tribal governments and how to be prepared
• Discuss examples of fraud and what safeguards could have been implemented to mitigate the risk
• Review the difference between key internal controls that prevent and detect fraud versus accounting processes that add little value

Ethics

Attendees will:

• Review how effective tribal governance determines the extent of deviation from ethical principles
• Identify how there is extraordinary pressure that people face every day and the importance of effective internal controls within a tribe
• Discuss ethics program orientation types that can be adopted by a tribe and why some are more effective than others

Introduction to Tribal Investments and Treasury Management

Attendees will:

• Identify the basics of investment asset classes and portfolio asset classes
• Review portfolio allocation and construction
• Review how to create an Investment Policy Statement
• Examine short-term vs. long-term investment strategies

• Forvis Mazars

 

Sponsorship Levels