In this webcast we will provide background and context of a single audit engagement and help participants differentiate these engagements from traditional financial statement audit engagements.Topics included in part 1:Background and overview of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards at 2 CFR 200 (UG or Uniform Guidance)Scope of the single auditAuditee and auditor responsibilitiesFederal agency responsibilitiesSingle audit overviewDescription and characteristics of federal awardsPass-through awards and subrecipientsOverview and use of the AICPA GAS-SA Guide