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Cherry Bekaert: Government & Public Sector

Cherry Bekaert

In an environment of falling revenues, tightening budgets and increasingly complex compliance restrictions, you need the proper technical guidance to reduce the demands on your staff, allowing you to focus on your constituents.

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Top 10 Cherry Bekaert: Government & Public Sector Episodes

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Data-Driven Opportunities for Library Systems

Cherry Bekaert: Government & Public Sector

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12/08/22 • 22 min

Library systems are constantly evolving. As digital technologies continue to expand, local governments and their libraries have increased access to quality data, providing opportunity for focused improvement with data-driven decisions.

Paul Folkers, a Senior Manager on Cherry Bekaert’s Government & Public Sector (GPS) team, and Velencia Posso, an Associate in our Digital Advisory practice, hosted Denise Lippuner, Managing Director of our Risk & Accounting Advisory practice, to discuss library systems, their place within local governments and opportunities to implement data strategy.
Part of our GPS podcast series and the first in our library systems mini-series, this episode covers:

  • Local governments’ data collection and utilization
  • Relationships between libraries and government organizations
  • Trends and impacts on library systems pre- and post-pandemic
  • Resources to collect and analyze data to improve operations
  • Data challenges libraries face
  • Opportunities for libraries to better utilize data

If you have any questions specific to your business needs, Cherry Bekaert’s Government & Public Sector team is available to discuss your situation with you.

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12/08/22 • 22 min

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GASB 87 Frequently Asked Questions (FAQs)

Cherry Bekaert: Government & Public Sector

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11/29/22 • 9 min

The Governmental Accounting Standards Board (GASB) Statement no. 87, Leases[MD1], aims “to better meet the information needs of financial statement users by improving accounting and financial reporting for leases by governments.”

Scott Anderson, a Director on Cherry Bekaert’s Government & Public Sector (GPS) team, who has recently returned from his GASB fellowship, sat down with Lauren Strope, Assurance Partner on our GPS team, to address frequently asked questions that have surfaced throughout the first-year implementation of GASB 87.
Part of our GPS podcast series, this episode discusses:

  • Right-of-use assets and where they belong
  • Capital assets and calculation of net position
  • Short and long-term liability reporting
  • Leases in proprietary fund statement reporting
  • Leases in governmental fund reporting during the year of implementation
  • Restatement of prior balances in the Management’s Discussion and Analysis

If you have any questions specific to your business needs, Cherry Bekaert’s Government & Public Sector team is available to discuss your situation with you.

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11/29/22 • 9 min

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GASB Hot Topics and Accounting Standards Update

Cherry Bekaert: Government & Public Sector

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09/09/22 • 16 min

The Governmental Accounting Standards Board (GASB) develops and issues accounting standards for state and local governments. Scott Anderson, a Director on Cherry Bekaert’s Government & Public Sector team who has recently returned from his fellowship with GASB, sat down with Danny Martinez, Cherry Bekaert’s Government & Public Sector Accounting Advisory Lead to discuss GASB hot topics, insights, and key takeaways.

This podcast discusses:

  • Relationships, similarities, and differences between GASB Statements 87, 94, and 96
  • Importance of constituent feedback during GASB’s standard setting process
  • Takeaways from being the Zone 3 (GASB) Chair on the AICPA Technical Issues Committee and a GASB Practice Fellow
  • Impact of GASB 100, Accounting Changes and Error Corrections to improve consistency
  • Impact of GASB 101, Compensated Absences, adapting to new types of government leave
  • Call to action for user feedback on proposed statement, Certain Risk Disclosures

If you have any questions specific to your business needs, Cherry Bekaert’s Government & Public Sector team is available to discuss your situation with you.

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09/09/22 • 16 min

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03/17/22 • 32 min

New TSA security directives are focusing attention on the cybersecurity preparedness of airport and airline operators. This podcast explains how to build, improve and maintain a cybersecurity plan that fits the needs and budget of your aviation organization. Greg Miller, Cherry Bekaert’s Government Services Transportation Team leader, is joined by Dan Sembler, a Director with the Firm’s Information Assurance and Cybersecurity Group, to discuss how aviation organizations can create a well-defined playbook for responding to cybersecurity incidents, breaches and ransomware attacks while maintaining operations and keeping customer data safe.

Topics covered include:

  • Best practices for developing cybersecurity and Incident Response Plans
  • The five core objectives to include in your plan
  • Deadlines for New TSA Security Directives
  • How to implement and maintain your Incident Response Plan
  • Monitoring controls to assess risks
  • What to know about Vulnerability Assessments
  • Resources to learn more about cybersecurity

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03/17/22 • 32 min

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How GASB 87 Impacts Airports

Cherry Bekaert: Government & Public Sector

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02/28/22 • 14 min

GASB 87 procurements impact airports as both lessees and lessors. This podcast examines the specific parts of GASB 87 that airports need to address. Cherry Bekaert’s Greg Miller, leader of Cherry Bekaert’s Government Services Transportation Team, sits down with Alex Wiley, Senior Manager with the Firm’s Risk and Accounting Advisory Services, to discuss the GASB 87 lease requirements. Topics covered include:

  • What are aeronautical leases and how to report them
  • How airports report non-regulated leases
  • Guidelines for tracking leases
  • When to consider software tracking technology

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02/28/22 • 14 min

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How Airports Reach Growth Goals with Digital Transformation

Cherry Bekaert: Government & Public Sector

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01/11/22 • 15 min

As airports seek to diversify revenue streams away from passenger traffic, many are facing roadblocks due to insufficient processes and outdated systems. This podcast explores ways that airports can optimize existing processes and improve financial performance by upgrading their technology platforms through digital transformation. Greg Miller, Leader of Cherry Bekaert’s Government Services’ Transportation Team, is joined by his colleague, Jim Holman, Leader of the Firm’s Digital Advisory Strategy and Operations Group, to discuss the emerging technologies that airports should be investigating, best practices to achieve their optimal technology goals, and key considerations regarding outsourcing services.

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01/11/22 • 15 min

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The Impact of GASB Pronouncements on Airports

Cherry Bekaert: Government & Public Sector

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01/05/22 • 13 min

This podcast examines the impact on airports of pronouncements created by the Government Accounting Standards Board (GASB). Cherry Bekaert is honored to have one of the Firm’s Directors, Scott Anderson, currently serving as one of two Practice Fellows with GASB. This discussion features Scott’s review of key GASB accounting standards that can help improve financial reporting for airports. Greg Miller, Leader of Cherry Bekaert’s Government Transportation Group, and Lauren Strope, Director with the Firm’s Government Services Group, lead the conversation that offers listeners a rare opportunity to hear an insider’s view of current and future GASB pronouncements.

Disclaimer: Scott's views expressed in this presentation are his own. Official positions of the GASB are reached only after extensive due process and deliberations. We are not providing accounting, financial report or tax advice on this podcast. Please consult with your accounting and tax advisors or Cherry Bekaert for more guidance.

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01/05/22 • 13 min

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01/03/23 • 12 min

SFFAS 54, Leases, is effective for fiscal years beginning on or after October 1, 2023. Federal agencies should start considering how their leasing transactions must be accounted for on the balance sheet as we move forward.

Danny Martinez, Government & Public Sector Accounting Advisory Lead, sat down with Ward Melhuish, Federal Government Sector Advisory Leader, to discuss the first of four steps federal agencies should follow in their SFFAS 54 implementation process.

Part of our GPS podcast series, and the first in our SFFAS 54, Leases, mini-series, this episode covers:

  • Considerations when beginning the SFFAS 54 implementation process
  • Training to help understand SFFAS 54
  • Criteria for an SFFAS 54 implementation team
  • Takeaways from large federal project implementation teams
  • Template development and creation
  • Transition period and process

If you have any questions specific to your business needs, Cherry Bekaert’s Government & Public Sector team is available to discuss your situation with you.

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01/03/23 • 12 min

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Stay Up to Date With GASB 96 Implementation

Cherry Bekaert: Government & Public Sector

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01/11/23 • 14 min

GASB Statement No. 96, Subscription-Based Information Technology Arrangements (SBITA), is in effect for fiscal years beginning after June 15, 2022. This episode will focus on GASB 96, its implementation and next steps for governments to take.

Scott Anderson, a Director on Cherry Bekaert’s Government & Public Sector (GPS) team who has recently returned from his GASB fellowship, sat down with Danny Martinez, Government & Public Sector Accounting Advisory Lead, to discuss GASB 96 and the implementation process.
Part of our GPS podcast series, this episode covers:

  • Important considerations for beginning the SFASS 54 implementation process
  • Definition of SBITA
  • Similarities to and differences from GASB 87, Leases
  • Connection to the recent exposure draft
  • Early challenges
  • Implementation process

If you have any questions specific to your business needs, Cherry Bekaert’s Government & Public Sector team is available to discuss your situation with you.

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01/11/23 • 14 min

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02/03/23 • 12 min

With SFFAS 54, Leases, effective for fiscal years beginning on or after October 1, 2023, federal agencies should start to identify their leasing populations and consider how their leasing transactions must be accounted for on the balance sheet.

Danny Martinez, Government & Public Sector Accounting Advisory Lead, sat down with Richard Hart, Senior Audit Manager, to discuss this second of four steps that federal agencies should follow in their SFFAS 54 implementation process.
Part of our GPS podcast series, and the second in our mini-series on SFFAS 54, Leases, this episode covers the:

  • Importance of completeness in finding leases
  • Power of data analytics
  • Challenges and examples of embedded leases
  • Best practices for phase two of SFFAS 54 implementation

If you have any questions specific to your business needs, Cherry Bekaert’s Government & Public Sector team is available to discuss your situation with you.

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02/03/23 • 12 min

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FAQ

How many episodes does Cherry Bekaert: Government & Public Sector have?

Cherry Bekaert: Government & Public Sector currently has 16 episodes available.

What topics does Cherry Bekaert: Government & Public Sector cover?

The podcast is about Podcasts and Business.

What is the most popular episode on Cherry Bekaert: Government & Public Sector?

The episode title 'Data-Driven Opportunities for Library Systems' is the most popular.

What is the average episode length on Cherry Bekaert: Government & Public Sector?

The average episode length on Cherry Bekaert: Government & Public Sector is 17 minutes.

How often are episodes of Cherry Bekaert: Government & Public Sector released?

Episodes of Cherry Bekaert: Government & Public Sector are typically released every 26 days, 3 hours.

When was the first episode of Cherry Bekaert: Government & Public Sector?

The first episode of Cherry Bekaert: Government & Public Sector was released on Jan 5, 2022.

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