- PUBLIC AFFAIRS
|Financial Management, Auditing, and Accounting (FMAA)|
FMAA Workshops are developed for school business officials and auditors of public school districts by ASBO New York in cooperation with business officials and members of the Public School Accounting Committee of the NYS Society of CPA’s. These workshops offer updates on issues affecting financial management, operations and reporting requirements of public school districts in New York State.
Dates & Locations
FMAA Workshops are held throughout the state annually in the spring. Check back for future dates. For this past year's dates/locations see below.
Capital - Monday, April 30, 2018
ASBO New York Training Center
Long Island - Wednesday, May 2, 2018
Hilton Long Island / Huntington
Westchester - Thursday, May 3, 2018
Putnam | Northern Westchester BOCES
Central/Western - Tuesday, May 8, 2018
RIT Inn & Conference Center
Virtual - Friday, May 11, 2018
Zoom webinar login details to be sent closer to event date. Login credentials are individual. If you would like to register multiple people to participate via a single connection, please email firstname.lastname@example.org and email@example.com for more information.
Login details will be emailed from Zoom. Please work with your IT department in advance of the virtual session to be sure Zoom is whitelisted. ASBO staff may not be able to assist with technical issues on May 11.
All FMAA Workshops will proceed as follows unless otherwise noted:
7:30 a.m. | Registration
8:00 a.m. - 4:00 pm | Program
CPE (for CPAs): up to 8 credits
CTLE (for SDBLs): up to 8 credits
2018 Topic Areas
A number of changes took place in recent years that have an impact on accounting and reporting for school districts. This session will go over current, upcoming, and proposed GASB pronouncements. It will provide an update on GASB standards for Other Postemployment Benefits – years 1 and 2 of implementation, Leases, Certain Debt Extinguishment Issues, etc.
Preparing for Your Audit (including Smart Schools Bond Act)
Your annual reminders of what your external auditors will be looking for and how to efficiently gather the needed information.
This session will discuss fund balance projections, key areas of focus relating to projections, dealing with surplus, and budget challenges.
Creating & Communicating Your Reserve Plan
This session will provide practical advice on how to create a reserve plan, communicate the plan, and manage the plan to provide long term financial stability.
Capital Planning (including Tax Cap)
Building aid on capital projects – how it is calculated and how to verify the amounts in the governor’s budget and the adopted budget.
ESSA School Level Reporting
Learn from experts on the new spending per pupil reporting requirement under the federal ESSA standards and how it compares to the new state school-level reporting requirement. ESSA Task Force members will provide an update on their progress in working with SED to help assist districts with this transition.
Legislative Update and 180-Day Requirements
Get an overview and analysis of the 2018-19 enacted state budget, including a new requirement to report school level allocations, beginning with 76 school districts on July 1, 2018. Session will also include new state policies affecting school districts, including updates on requirements for schools to be in session 180 days a year to receive full State Aid.