Session #3

COVID-19 Relief Funding: Accounting, Compliance and Auditing Issues
1:00 – 1:50 p.m. 
CPE Field of Study: Auditing (Governmental)

PPT Presentation

This session will address unique accounting and single audit issues pertaining to the various COVID-19 relief funding from Congress.


Stephanie C. Palmertree, CPA, CGMA, currently oversees the Financial and Compliance Division for the Mississippi Office of the State Auditor (OSA), the largest division in the Office of the State Auditor.  Under her leadership, the division conducts and manages financial and federal audits of the state of Mississippi, 134 various state agencies and component units, 158 school districts and community colleges, and 82 counties. In her position, she also leads her staff of 80 and other governmental auditors around the state in certified professional education and training in the areas of school audits, legal compliance, single audits, and other auditing skills.

Before her career at the Auditor’s Office, Stephanie served as the director of finance and administration for the Mississippi Museum of Art, Mississippi’s largest art museum. While there, Stephanie helped to secure a $1 million funding grant from the Kresge Foundation for operational maintenance of the facility, ensuring that public art would be available for future generations of Mississippians. She also worked for CPA firms as a staff and senior auditor and specialized in governmental accounting.
Stephanie received her bachelor of science in business administration degree from Mississippi College in 2004 and her masters of professional accountancy degree from Mississippi State University in 2005. She has served the CPA community in Mississippi as a Board of governor, a Governmental Auditing Committee member, and a young CPA board member for the Mississippi Society of CPAs (MSCPA). She is a member of the AICPA and the MSCPA, and most recently was awarded the AICPA Outstanding CPA In Government – State Impact Award.
SEAN WALKER, CPA, CFE, CGFM, CGMS, is the eastern region state and local government leader with CliftonLarsonAllen and has been serving public sector clients since 1999. Sean specializes in providing accounting, financial auditing, and consulting to large and complex governmental audit engagements. Sean is involved in the government industry on a national basis. He is a frequent speaker on government accounting, auditing, and single audits for professional associations around the country. He also serves as a consulting technical partner on CLA’s clients on government accounting and auditing, including OMB Uniform Guidance.


The NASACT Community

NASACT serves as the premier organization working to bring together state auditors, state comptrollers and state treasurers to cooperatively address government financial management issues. NASACT also manages two secretariats - the National State Auditors Association (NSAA) and the National Association of State Comptrollers (NASC). Both NSAA and NASC are included under the umbrella of NASACT’s budget and utilize staff hired by NASACT.