ACPEN Signature 2026: Single Audit and Uniform Guidance Issues Update

Overview

If you thought applying one set of audit standards is tough enough, how about applying three different sets of audit standards in one “single” audit?  That’s exactly what happens when the auditor applies GAAS, the Yellow Book and the OMB requirements in a Single Audit.  This session will start with a single audit “nuts and bolts” overview before delving into unique aspects and audit issues of the “soon to be closed out” era of pandemic-related funding, and of course update any recent changes to the funding programs and compliance supplement issues.  Recent changes now effective to the Single Audit and Uniform Guidance rules will also be covered.  Join our expert panel of federal, state and local auditors and practitioners to learn what you need to know if you are performing audits under these audit standards and the Uniform Guidance for Federal Awards.

Highlights

• Single Audit nuts and bolts discussion
• Overview of the GAO’s Fraud Risk Management Framework and the importance of fraud risk in a Single Audit
• Audit issues arising related to the close-out of pandemic era funding and other programs within the compliance supplement.
• Review of unique elements of the 2026 Compliance Supplement (If Available)
• Recent changes now effective to specific Uniform Guidance rules and regulations

Prerequisites

None

Designed For

All Auditors of governmental entities

Objectives

• Identify the fundamental components and requirements of the Single Audit process.
• Analyze unique audit considerations and emerging issues, including single audits during the close-out phase of pandemic-related funding and other Compliance Supplement programs.
• Recognize recent updates affecting the Single Audit process and changes to the Uniform Guidance rules.

Preparation

None