Fundamentals of Single Audit 2024

Wednesday, May 29, 2024
Webcast or Webinar, Online
11:00AM - 6:30 PM (opens at 10:30AM) EST
8Credits

Registration is Open

Members
$299.00 Regular Price
Non-Members
$399.00 Regular Price

CPE PowerPass Users

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$160.00 Members / $224.00 Non-Members
Course Type: Webcast
Course Code: 24/4126428
Level: Basic
Vendor: California CPA Education Foundation
Field of Study: Accounting (Governmental)

Overview:

This course provides an overview of single audit requirements and how generally accepted auditing standards and government auditing standards apply to a compliance audit.

Objectives:

• Identify what a single audit encompasses • Understand the audit responsibilities between auditors and auditees in the compliance audit of federal awards • Gain an overview of the Uniform Guidance

Major Topics:

• Cost Principles • Understand and Identify Federal Awards • Pass-through entities and sub-recipients • Schedule of Expenditures of the Federal Awards • Application of Compliance Supplement • Compliance requirements • Test of Internal Control and Test of Compliance attributes • Reporting requirements

Major Topics:

• Cost Principles • Understand and Identify Federal Awards • Pass-through entities and sub-recipients • Schedule of Expenditures of the Federal Awards • Application of Compliance Supplement • Compliance requirements • Test of Internal Control and Test of Compliance attributes • Reporting requirements

Designed For:

Auditors who perform compliance audits under Uniform Guidance, Internal Auditors and Management responsible for grant management.

Prerequisites:

Basic understanding of governmental accounting and auditing