Flo Ostrum

Partner | Grant Thornton LLP

Flo Ostrum is an audit partner and Grant Thornton’s National Professional Practice Director – Government and Not-for-Profit. She brings over 25 years of experience working in the government and not-for-profit sectors to clients and engagement teams across the firm. Flo is a national resource for all engagements conducted under Government Auditing Standards. This includes government and not-for-profit (NFP) financial statement audits, examinations, incurred cost audits and performance audits. She represents the Firm on the AICPA State and Local Government Expert Panel. Flo also serves on the AICPA Governmental and NFP Training Program Conference Committee. She speaks frequently at AICPA and other state societies’ conferences on Government Auditing Standards, Government Accounting Standards Boards (GASBs), Single Audits and general auditing and accounting matters.


Sessions

This session will include an overview of the revised interpretation "State and Local Government Client Affiliates".

Learning Objectives:
1. Identify changes introduced in the revised More

There are often challenging issues in the performing of a single audit. These can be complex, infrequent, and/or subject to increased auditor judgment. This session will identify these issues More

The standards around the accounting for the reporting entity has evolved over the years. This session will address this evolution as well as the impact these standards will have on the More