January 26, 2021

Michigan Committee on Governmental Accounting and Auditing Statements

January 26, 2021

Meeting Agenda 

1. Call to Order
2. Prior Meeting Minutes Approval
3. New Business
   1. Cares Act Guidance
      1. Single Audit
   2. Pension Guidance
   3. Sale of Federal Aid for Road Commissions
   4. Revision of Statement No. 4 (and other MCGAA statements)
4. Old Business
   1. Numbered Letter 2020-6 Draft
   2. Uniform Chart of Accounts
      1. Exposure Draft – Released November 24, 2020
         1. Chart Chat – January 28, 2021
   3. Road Commission Accounting Manual
   4. Budget Manual (Revised August 2001)
   5. Other Manuals
      1. Audit Guide for Transportation Authorities (Revised June 2007)
         1. Being re-written by MDOT
5. Upcoming Meetings
   1. April 29
   2. July 15
   3. October 14
6. Suggested Topics for Next Meeting
   1. Implementation Guidance Update — 2021 Exposure Draft
7. Adjourn