Introduction to Single Audit Requirements

The start date for this course has passed. Registration is no longer available.

This course is 4.00 credits
Field of Study
Auditing
Course Level
Basic
Vendor
California Society of CPAs

Registration Fees

MSCPA-AICPA Member
$120.00
MSCPA Member
$120.00
AICPA Member
$188.00
Non-Member
$188.00
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Wednesday, Feb 14, 2018
11:30am – 3:00pm

Single audits are different. The federal government demands a lot of a grantee and their auditor. In this course, learn the many aspects of Single Audits and more. Key acronyms and terminology are explained in plain English.

Additionally, cover the essential differences between OMB Circular A-133 and the new Uniform Grant Guidance as well as the differences between a financial audit and a Single Audit.

Materials are provided as an ebook for this course.

Single audits are different. The federal government demands a lot of a grantee and their auditor. In this course, learn the many aspects of Single Audits and more. Key acronyms and terminology are explained in plain English.

Additionally, cover the essential differences between OMB Circular A-133 and the new Uniform Grant Guidance as well as the differences between a financial audit and a Single Audit.

Materials are provided as an ebook for this course.

Designed For

Auditors of federal programs.

Course Objectives

  • Identify the significant differences between a commercial financial audit and a Single Audit.
  • Identify the three subjects of a single audit.
  • Compare the requirements of the AICPA, the GAO and the Uniform Grant Guidance.
  • Identify major changes between OMB Circular A-133 and the audit requirements from the Uniform Grant Guidance.
  • Distinguish between fraud, abuse, and noncompliance.
  • Order the levels of materiality on a Single Audit.

Major Subjects

  • Components of the Uniform Guidance
  • Single Audit Requirements
  • Relationship of GAGAS to the Uniform Guidance
  • Major GAGAS Sticking Points
  • Levels of Materiality on the Compliance Part of the Single Audit
  • Required Reports
  • 12 Compliance Requirements

Prerequisites

None.

The start date for this course has passed. Registration is no longer available.