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Avoiding Problems in Conducting Single Audits 4172326B
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The Single Audit Act of 1984, as amended, requires a single, organization-wide financial and compliance audit for state and local governments. The goal is to improve auditing and management of federal funds provided to state and local governments. We'll cover the problems that the federal Offices of Inspector General have noted when it reviewed single audits and discuss techniques for addressing those problems.

 Export to Your Calendar 12/13/2017
When: 9:30 AM to 5:00 PM
Where: Webinar/Webcast
United States
Presenter: Sefton Boyars, CPA, CGFM, CFS
Contact: April Deneault
801-466-10714


Online registration is available until: 12/13/2017
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Curriculums:   Governmental Accounting and Auditing,Auditing,Not-for-Profit

NASBA Credit Category:  Auditing (Governmental)

CPE Hours:  8

Description

The Single Audit Act of 1984, as amended, requires a single, organization-wide financial and compliance audit for state and local governments. The goal is to improve auditing and management of federal funds provided to state and local governments. We'll cover the problems that the federal Offices of Inspector General have noted when it reviewed single audits and discuss techniques for addressing those problems.

Materials are provided as an ebook.



Major Subjects

  • Federal OIG concerns about single audits.
  • Assessing internal controls when auditing grant compliance.
  • Federal grant rules and expectations for audit findings.
  • Sampling problems.

Objectives

  • Determine how to implement the COSO framework when auditing grant compliance.
  • Recognize the rules that govern federal grants.
  • Identify federal expectations for finding development.
  • Identify the interests of the federal OIG.

Level:  Intermediate

Designed For

CPAs and auditors who conduct single audits.

Advanced Prep:

None.

Prerequisite

General knowledge of, or some experience in, conducting single audits.

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