Performing a Single Audit Under the Uniform Guidance

Overview

Major program determination, pass-through entity responsibilities, SEFA requirements, and other topics are introduced and explained for auditors performing single audits.

Highlights

Key Topics

• Fundamentals of a compliance audit performed under the Uniform
  Guidance
• Identifying federal awards and major programs
• Pass-through entities and subrecipients
• Schedule of expenditure of federal awards (SEFA)
• Using the compliance supplement
• Uniform Guidance administrative requirements and cost principles
• Testing internal control over compliance
• Writing an audit finding and reporting requirements of a single audit

Prerequisites

None

Designed For

Who Will Benefit

• Auditors performing single audit engagements
• Internal financial staff of governments
• Not-for-profit entity staff who interact with Auditors

Objectives

Learning Outcomes

• Identify what a single audit encompasses.
• Identify key auditee and auditor responsibilities in the compliance audit of federal awards.
• Identify the basic audit requirements in a Uniform Guidance compliance audit.
• Identify the responsibilities of a pass-through entity.
• Identify the auditor and auditee responsibilities related to the schedule of expenditures of federal awards (SEFA).
• Identify the auditor and auditee responsibilities related to internal control over compliance related to federal awards.
• Recognize key considerations when sampling in a Uniform Guidance compliance audit.
• Recognize the auditor's reports required by the Uniform Guidance.