Seminar Course Description

Applying the Uniform Guidance in Your Single Audits

Locations

CITY STATE DATES OFFERED STATE SOCIETY WEBSITE
Little Rock Arkansas Oct 19, 2020 ARCPA
Boise Idaho Sep 23, 2020 ISCPA
Indianapolis Indiana Nov 11, 2020 INCPAS
Livonia Michigan Sep 24, 2020 MICPA
Grand Rapids Michigan Dec 16, 2020 MICPA
Missoula Montana Jul 29, 2020 MSCPA
New Jersey Sep 24, 2020 NJCPA
New York New York May 28, 2020 NYSSCPA
Tulsa Oklahoma Dec 08, 2020 OSCPA
Philadelphia Pennsylvania Oct 21, 2020 PICPA

This course provides you with the knowledge to be more efficient and effective at planning and performing audits in accordance with the requirements of the Uniform Guidance and the Single Audit Act. Make sure your skills are up-to-date with the latest information in this challenging audit area.

Learning Objective

When you complete this course you will be able to:

  • 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

Topics Dicussed

  • Introduction to single audits
  • Preparation of the schedule of expenditures of federal awards and determining major programs
  • Understanding, assessing, and testing internal control
  • Testing compliance with federal statutes and regulations and applicable compliance requirements
  • Auditor reporting in a Uniform Guidance compliance audit
  • Program-specific audits
  • Administrative requirements and cost principles in a single audit
  • Update on Government Auditing Standards, 2018 Revision
<< Back

COURSE CODE

INUG

FIELD OF STUDY

  • Auditing (Governmental)

CPE CREDIT HOURS

8

KNOWLEDGE LEVEL

Intermediate

INTENDED AUDIENCE

Auditors performing single audit engagements, internal financial staff of governments, and staff of not-for-profit entities interacting with auditors

PREREQUISITE

Background of not-for-profit or governmental accounting and auditing

ADVANCED PREPARATION

None

DELIVERY METHOD

Group Live, Self-study online, Self-Study Text, Webcast

Email course to a friendEmail course to a friend

Contact State Societies for Public Seminar Pricing and Additional Information

Copyright © 2006-2020 American Institute of CPAs.