Mary Foelster

Senior Director, Governmental Accounting and Auditing, AICPA

Mary Foelster is a Senior Director at the American Institute of Certified Public Accountants in Washington, DC, where her primary responsibility is to address governmental auditing and accounting matters, including compliance audits. She oversees the AICPA’s Governmental Audit Quality Center (GAQC) and its related Executive Committee. Additionally, Mary oversees the AICPA’s ongoing activities to enhance the quality of single audits and other similar compliance audits. Mary is also responsible for the AICPA’s governmental accounting efforts, including the AICPA State and Local Government Expert Panel and AICPA interactions with the Governmental Accounting Standards Board, which involve commenting on GASB due process documents. Mary and her team are significantly involved with the development, issuance, and annual update process for the Audit and Accounting Guide, Audits of State and Local Governments, and the AICPA Audit Guide, Government Auditing Standards and Single Audits. In addition to managing the activities of the GAQC and various technical projects, Mary is also responsible for monitoring and analyzing federal regulatory and legislative developments affecting auditing or accounting in a governmental or compliance audit environment. Prior to joining the AICPA staff in 1993, she was in public accounting practice for six years. Mary is a graduate of the University of Maryland and is a certified public accountant.


Sessions

This session will provide an overview of what is happening in the single audit arena. You will learn about the: 2018 OMB Compliance Supplement; Latest Uniform Guidance lessons learned and OMB More

This session will discuss several of the more advanced nuances of performing a single audit. Topics covered will include: Planning issues; Performance issues; Reporting issues; and Your questions More