This course provides you with the knowledge to be more efficient and effective at planning and performing audits in accordance with the requirements of the Uniform Guidance and the Single Audit Act. Make sure your skills are up-to-date with the latest information in this challenging audit area.
• Introduction to single audits
• Preparation of the schedule of expenditures of federal awards and determining major programs
• Understanding, assessing, and testing internal control
• Testing compliance with federal statutes and regulations and applicable compliance requirements
• Auditor reporting in a Uniform Guidance compliance audit
• Program-specific audits
• Administrative requirements and cost principles in a single audit
• Update on Government Auditing Standards, 2018 Revision
Background of not-for-profit or governmental accounting and auditing
Auditors performing single audit engagements, internal financial staff of governments, and staff of not-for-profit entities
interacting with auditors
• Analyze the relationship of the Single Audit Act and the OMB Uniform Guidance
• Identify the types of guidance and requirements found in the Uniform Guidance
• Identify fundamental auditee and auditor responsibilities related to a compliance audit of federal awards
• Determine major federal programs
• Determine the requirements of the single audit as it relates to understanding internal control, assessing the level of control risk, and
testing the effectiveness of internal control relative to federal awards
• Identify the single audit requirements for testing the direct and material compliance requirements for major programs
• Determine reporting requirements
• Identify the audit and reporting requirements for program-specific audits
eanette Bax-Kurtz is the Director of Not-for-Profit and Regulatory Services for Mueller Prost and coordinates the firm’s delivery of audit, tax and advisory services to tax exempt and other organizations, including not-for-profit, real estate, and healthcare industries. Her considerable knowledge base has been the source of assistance for many directors, trustees, government agencies, owners and consultants in solving challenges facing a dynamic environment.
Jeanette is a graduate of University of Missouri, St. Louis with a B.S.B.A. concentration in Accounting and a Minor in Mathematics. She has more than 30 years of experience in public accounting. Jeanette is a Certified Public Accountant in the States of Missouri, Illinois, Nebraska, and California. She is a member of the American Institute of Certified Public Accountants, Missouri Society of Certified Public Accountants, Affordable Housing Association of Certified Public Accountants, Missouri Municipal League, National Center for Employee Ownership, and AGA – Advancing Government Accountability. She also co-chairs the Allinial Global Not-For-Profit Community of Practice.
Her focus on not-for-profit organizations and highly regulated industries makes Jeanette a sought-after educator and speaker. She frequently teaches courses for the AICPA, conducts seminars for Allinial Global, and is a guest lecturer at various universities and other organizations.
In addition to her professional affiliations, Jeanette serves as a board member for several prominent non-profit organizations, as well as a local bank. She also devotes a considerable amount of time to providing services and volunteering for a variety of tax-exempt organizations. Jeanette is a recipient of the Association’s Outstanding Facilitator Award.
Non-Member Price $345.00
Member Price $290.00
This event is cancelled