Single Auditing Made Simple

Friday, June 21 9:00am - 4:30pm EDT

Virtual

8.00 Credits

Member Price $309.00

Non-Member Price $459.00

Overview

You could pay $0 for this course!
This qualifies for reimbursement through the State Workforce Training Express Fund. Firms/companies with fewer than 100 staff will receive 100% reimbusement, and firms/companies with over 100 staff will receive 50% reimbursement. You must register for this course and apply for reimbursement through the Workforce Training Express Fund website three weeks in advance to be eligible. The course code for this program is C-8753. To learn more click here or contact Julia Ekelund at jekelund@mscpaonline.org.

Single auditing can seem complex. With thousands of pages of potential AICPA, GAO, and OMB literature coming together for the audit of one client, auditors can easily lose focus and confidence in what they are supposed to do; however, it does not have to be that way. This course is designed to sharpen your skills and knowledge in performing single audits and eliminate wasted efforts.

Highlights

The key requirements and responsibilities related to the schedule of expenditures of federal awards and the determination of major programs The processes of determining the direct and material compliance requirements, obtaining an understanding of and testing the related internal controls, and performing compliance testing The development and reporting of findings in the schedule of findings and questioned costs Additional performance and reporting responsibilities

Prerequisites

Some introductory background in Yellow Book and single auditing

Designed For

Not-for-profit and government auditors

Objectives

Thoroughly understand what a single audit includes and excludes Apply some of the best practices and avoid some of the worst mistakes seen in single audits Skillfully apply today’s single audit requirements