Performing a Single Audit Under the Uniform Guidance

Overview

Auditors performing s

Auditors performing single audits can learn about major program determination, pass-through entity responsibilities, SEFA requirements and other topics.

Course Instructor: Rebecca Meyer

Highlights

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

Auditors performing single audit engagements

Internal financial staff of governments

Not-for-profit entity staff who interact with auditors

Objectives

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.

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by AICPA (do_not_reply@on24event.com). Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.