Single Audit Primer and Update (Yellow Book) (2 hours)

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Apr 13, 2020

Registration: 8:30 AM / Program: 9:00 AM - 11:00 AM

Fees

Member Fee: $0.00
Nonmember Fee: $0.00

Available Discounts

AICPA Member: None
Full time Accounting Educator: None

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. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Designed For

Auditors conducting audits of federal grants and programs.

Objectives

Course objectives include:

  • 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

Major Subjects

In this course, we will 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.

This event has already passed. If you have any questions, please contact us at 503-641-7200 or email profdev@orcpa.org.