In-Person Only
This course qualifies for Yellow Book (Government Auditing Standards) CPE credit.
Single Audits are a critical area of focus under the AICPA’s Enhancing Audit Quality Initiative, requiring a thorough understanding of the Uniform Guidance’s unique audit requirements for federal funds. This course examines the distinctive performance and reporting standards in Single Audits, equipping participants with foundational knowledge to navigate these complex audits effectively.
Key topics include an overview of internal controls over compliance, understanding compliance requirements, using the Compliance Supplement, and identifying the elements of a finding in a Single Audit. This course is ideal for professionals seeking a clear and practical introduction to the essentials of Single Audits.
Learning Objectives:
• Identify the unique auditing requirements in the Uniform Guidance
• Recognize the difference between ICF and ICOC
• Describe the compliance requirements in a Single AUdit
• Determine when a single audit is required