June 15, 2022


Webinar


8 Total CPE Credits

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Fundamentals of Single Audit

Learning Objectives

  • Identify what a single audit encompasses
  • Understand the audit responsibilities between auditors and auditees in the compliance audit of federal awards
  • Gain an overview of the Uniform Guidance
  • Recognize critical considerations relating to:
  • Internal Control over Compliance Requirements
  • Test of Internal Control and Test of Compliance attributes
  • Reporting requirements

Major Topics

  • Understanding of the requirements under Uniform Guidance
  • Administrative
  • Cost Principles
  • Understanding and Identifying Federal Awards
  • Pass-through entities and sub-recipients
  • Schedule of Expenditures of the Federal Awards
  • Determining major programs
  • Application of Compliance Supplement
  • Understanding the compliance requirements
  • Test of Internal Control and Test of Compliance attributes
  • Writing audit findings
  • Reporting requirements

CPE Credits Available

8
Total CPE
8
Accounting & Auditing

Things to Know About This Course

Prerequisites

Basic understanding of Governmental Accounting and Auditing

Advanced Preparation

None

Intended Audience

Auditors who perform compliance audits under Uniform Guidance, Internal Auditors and Management responsible for grant management

Provider

California Society of CPAs

This event has ended.