Single Audit Fundamentals Part 4: Overview of Sampling and Single Audit Reporting Requirements

Description

In Part 4 of the Single Audit Fundamentals Series, we delve into single audit sampling for beginners, as well as the concluding and reporting stages of a single audit.

Highlights

*Sampling concepts in a single audit

*Evaluating results of testing

*Single audit reporting requirements under Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards at 2 CFR 200 (UG or Uniform Guidance)

*Single audit quality and best practices

*Resources to facilitate a single audit

Objectives

*Identify sampling concepts in a single audit

*Determine single audit reporting requirements

*Identify single audit quality issues and best practices

Designed For

auditors of nonprofits and state and local governments subject to single audit