CPE & Events Catalog
Applying the Uniform Guidance in Your Single Audits
Performing efficient single audits
You will learn how to be more efficient and effective at planning and performing audits in accordance with the Uniform Guidance.
Highlights include:
Performing a compliance audit under the Uniform Guidance
Auditee and auditor responsibilities
Federal assistance and nonfederal entities’ major programs
Internal control over compliance
Reporting your findings
You will learn how to be more efficient and effective at planning and performing audits in accordance with the Uniform Guidance.
Highlights include:
Learning Objectives
- Analyze the relationship of the Single Audit Act and the OMB Uniform Guidance.
- Identify the types of guidance and requirements found in the Uniform Guidance.
- Identify fundamental auditee and auditor responsibilities related to a compliance audit of federal awards.
- Determine major federal programs.
- Determine the requirements of the single audit as it relates to understanding internal control, assessing the level of control risk, and testing the effectiveness of internal control relative to federal awards.
- Identify the single audit requirements for testing the direct and material compliance requirements for major programs.
- Determine reporting requirements.
- Identify the audit and reporting requirements for program-specific audits.
Highlights
· Analyze the relationship of the Single Audit Act and the OMB Uniform Guidance.
· Identify the types of guidance and requirements found in the Uniform Guidance.
· Identify fundamental auditee and auditor responsibilities related to a compliance audit of federal awards.
· Determine major federal programs.
· Determine the requirements of the single audit as it relates to understanding internal control, assessing the level of control risk, and testing the effectiveness of internal control relative to federal awards.
· Identify the single audit requirements for testing the direct and material compliance requirements for major programs.
· Determine reporting requirements.
· Identify the audit and reporting requirements for program-specific audits.
Event Level: Intermediate
Field of Study: Auditing (Governmental)
Who Should Attend
· Auditors performing single audit engagements
· Internal financial staff of governments
· Staff of not-for-profit entities interacting with auditors.
Required Knowledge
Background of not-for-profit or governmental accounting and auditing
