2026/27 Single Audit Update

Overview

Stay current on significant developments affecting Single Audits with this focused update on recent regulatory and professional guidance. This course reviews the 2024 Uniform Guidance overhaul, including the increase in the Single Audit threshold to $1 million and other changes impacting audit planning and execution.

The course also examines Appendix B of the 2025 GAS/Single Audit Guide issued by the AICPA, highlighting updates that affect audit efficiency and compliance considerations. In addition, participants will receive updates on recent guidance issued through Office of Management and Budget (OMB) memoranda, as well as reporting-related changes, including the transition from the Federal Audit Clearinghouse's prior systems to SAM.gov-based reporting.

This course is designed to help auditors understand how these developments affect Single Audit requirements and what to watch for as expectations continue to evolve.
 

Speaker: Melisa Galasso

Highlights

• 2024 Uniform Guidance overhaul
• Increase in Single Audit threshold to $1 million
• Audit planning and execution impacts
• 2025 AICPA GAS/Single Audit Guide (Appendix B) updates
• Audit efficiency and compliance considerations
   

Prerequisites

Prior experience with Single Audits

Designed For

All accounting/auditing professionals

Objectives

• Recognize the impact of the 2024 Uniform Guidance changes on Single Audits
• Identify changes in Appendix B of the AICPA GAS/Single Audit Guide affecting Single Audit engagements
• Recall key changes introduced through recent OMB memoranda relevant to Single Audits

Preparation

 None

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 ACPEN. Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.