Single Audit Primer (Yellow Book) (2 hours)

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Aug 24, 2020

Registration: 12:00 PM / Program: 12:30 PM - 2:30 PM Pacific Time

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 about the compliance and internal controls portion of the Single Audit. 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

After attending this presentation you will be able to...

  • 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, the Compliance Supplement, and the Uniform Grant Guidance
  • Distinguish between fraud, abuse, and noncompliance
  • Connect compliance requirements from the compliance supplement to the administrative rules and cost principles
  • Order the levels of materiality on a Single Audit

Major Subjects

The major topics that will be covered in this course include:

  • Essential differences between a financial audit and a Single Audit
  • Significant terms and content relevant to the Single Audit

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