GASB 68-Session II: Playing Nice with Others for a Smooth Implementation and Audit

GASB 68-Session II:  Playing Nice with Others for a Smooth Implementation and Audit
Responsibility for a government’s financial statements including the related pension numbers rests solely with the government.  However, the nature and size of the pension numbers will require a great deal of coordination between the employer, their auditor and TMRS, their auditor and their consulting actuary.  This session will begin with an overview of the AICPA whitepaper on Multiple-Employer Agent Plans including the related Audit interpretations and conclude with a panel presentation by TMRS, their auditor and their actuary to explain the changes to the TMRS reporting package vs. funding packages, the new SOC1 Type 2 reports on Fiduciary Net Position  and Census Data and the GASB 68 reporting package published by the consulting actuary.
Robert B. (Bob) Scott, ACM/Chief Financial Officer, City of Carrollton, Rhonda Covarrubias, Director of Finance, Leslee Hardy, Director of Actuarial Services, TMRS, and Susan Warren, Audit Partner, KPMG
Rhonda Covarrubias Bio    Susan Warren Bio    Robert B Scott Bio Service Organization Control – Warren  Smooth implementation and audit

 

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