Single Audit Fundamentals Part 1: What is a Single Audit? WEBCAST

Thursday, July 14 8:00am - 10:00am PDT

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2.0 Credits

Member Price $110.00

Non-Member Price $130.00

Overview

In this webcast we will provide background and context of a single audit engagement and help participants differentiate these engagements from traditional financial statement audit engagements. Topics included: Background and overview of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards at 2 CFR 200 (UG or Uniform Guidance). Scope of the single audit. Auditee and auditor responsibilities. Federal agency responsibilities. Single audit overview. Description and characteristics of federal awards. Pass-through awards and subrecipients. Overview and use of the AICPA GAS-SA Guide.

Highlights

Introduction to single audits. Identifying federal financial assistance. Understanding the single audit Act and the relationship with the OMB Uniform guidance.

Prerequisites

None.

Designed For

Auditors of nonprofits and state and local governments subject to single audit.

Objectives

Identify the scope of the single audit and the OMB Uniform guidance. Identify fundamental auditee and auditor responsibilities found in the Uniform guidance. Identify the characteristics of federal awards.

Preparation

None.

Notice

None.

Leader(s):

  • Lindsey Oakley

Non-Member Price $130.00

Member Price $110.00