Fundamentals of Single Audit Webcast | 4204344E

Description

An overview of the single audit requirements, and how the generally accepted auditing standards and the government auditing standards apply to the compliance audit.

Highlights

Understanding of the requirements under Uniform Guidance

Administrative Cost Principles

Understanding and Identifying Federal Awards Pass-through entities and subrecipients Schedule of Expenditures of the Federal Awards Determining major programs Application of Compliance Supplement Understanding the compliance requirements Test of Internal Control and Test of Compliance attributes Writing audit findings Reporting requirements

Objectives

The objectives of the course:
1. Identify what a single audit encompasses
2. Understanding the audit responsibilities between auditors and auditees in the compliance audit of federal awards
3. Overview of the Uniform Guidance
4. Recognize key considerations relating to:

Internal Control over Compliance Requirements
Test of Internal Control and Test of Compliance attributes
Reporting requirements

Designed For

This course is designed for:
1. Auditors who perform compliance audits under Uniform Guidance
2. Internal Auditors
3. Management responsible for grant management