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Single Audit Primer and Update - 6632
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*Qualifies for Yellow Book CPE credit* Single audits are different. The federal government demands a lot of a grantee and their auditor. In this course, you will learn many aspects of Single Audits and more. Key acronyms and terminology are explained in plain English.

7/11/2016
When: Monday, July 11, 2016
9:00 AM - 11:00 AM
Where: Webinar/Webcast
United States
Contact: April Deneault

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Acronym SAPUW2
CPE 2 hours
Category
A&A
Level Intermediate
Vendor Yellowbook-CPE
Who should attend Auditors conducting audits of federal grants and programs.
Prerequisite
One or more years of financial audit experience
Fees: Early Bird
Standard
Member N/A
$79
Non-Member: N/A
$79

Description 
*Qualifies for Yellow Book CPE credit* Single audits are different. The federal government demands a lot of a grantee and their auditor. In this course, you will learn many aspects of Single Audits and more. Key acronyms and terminology are explained in plain English.



Specific topics include:

  • Cover the essential differences between OMB Circular A-133 and the new Uniform Grant Guidance as well as the differences between a financial audit and a Single Audit.

Objectives

  • Identify the significant differences between a commercial financial audit and a Single Audit
  • Identify the three subjects of a Single Audit
  • Compare the requirements of the AICPA, the GAO, and the Uniform Grant Guidance
  • Identify major changes between OMB Circular A-133 and the audit requirements from the Uniform Grant Guidance
  • Distinguish between fraud, abuse, and noncompliance
  • Order the levels of materiality on a Single Audit

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