This course is an updated overview of the single audit of state and local governments and not-for-profit organizations under the OMB Unified Circular, as well as the applicable AICPA standards for compliance audits.
To enable participants to understand and apply the provisions of the OMB Unified Circular and the applicable AICPA standards
Applicable AICPA standards
Applicable OMB Circular
Gathering information - determining the major programs
Identifying risk – identifying the applicable compliance requirements
Assessing risk – considering the internal controls over compliance requirements
Designing procedures that are responsive to assessed risks – the tests of internal controls and compliance
Evaluating single audit evidence
CPE Credits Available
Accounting & Auditing
Things to Know About This Course
Staff who perform single audit engagements, managers and partners responsible to plan, direct, report on and review single audit engagements.