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Financial Fiduciary Responsibilities for Elected Officials

Location

Carthage

Date

June 14, 2017 09:00 AM - June 14, 2017 12:00 PM

All Day Event

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Description

The Local Elected Leaders Academy (LELA) will be offering the “Financial Fiduciary Responsibilities for Elected Officials” workshop on Wednesday, June 14th from 9:00 am – Noon at the Moore County Agricultural Center located at 707 Pinehurst Avenue, Carthage, NC.

 

The presenters for the workshop are Sharon Edmundson, Director of Fiscal Management, NC Department of State Treasurer, and Greg Alison, Senior Lecturer in Public Finance and Government, UNC School of Government.

 

This workshop will focus on the financial fiduciary responsibilities that elected officials have regarding the annual audit, the oversight of fund balance, and reporting requirements of the Local Government Commission. Specifically, there will be a focus on two of the most frequently challenging arenas: what an audit is (and, more importantly, what it is not) and the limitations and flexibility that a governing board has regarding the use of fund balance. Instruction will include real-life examples of internal control challenges and how board involvement can help overcome those challenges. Attendees will also learn about the types of questions that elected officials should ask of their staff and their independent auditors, and what various correspondences from the Local Government Commission actually mean.

 

This workshop is primarily for municipal and county elected officials. 

 

There is no cost to attend the workshop.

 

Click here to Register

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