Surgent's Single Auditing Made Simple

Overview

Single auditing can seem so complex! With literally thousands of pages of potential AICPA, GAO and OMB literature coming together for the audit of one client, auditors can easily lose focus and confidence in what they are supposed to do. It does not have to be that way! This course is designed to sharpen your skills and knowledge in performing single audits (including the impact of the 2024 revision to the Uniform Guidance for Federal Awards). Over 30 focused exercises are included to provide an enhanced working knowledge of the most critical challenges in single auditing today.

Highlights

• The key requirements and responsibilities related to the schedule of expenditures of federal awards and major program determination
• The process of how the auditor determines the direct and material compliance requirements, obtains an understanding of and tests the related internal controls, and performs compliance testing
• The development and reporting of findings in the schedule of findings and questioned costs
• Additional performance and reporting responsibilities

Prerequisites

Some introductory background in Yellow Book and single auditing

Designed For

Not-for-profit and government auditors

Objectives

• Thoroughly understand what a single audit includes and excludes
• Apply some of the best practices and avoid some of the worst mistakes seen in single audits
• Skillfully apply today’s single audit requirements

Preparation

None

Notice

This is a self-study/on demand course offered by a 3rd party vendor and will NOT be accessible in the My Upcoming CPE section of the ISCPA website. Course access information will be emailed directly to you by Surgent Professional Education. The course expires one year from the purchase date. Format = On-Demand Webcast.