The 2019 OMB Compliance Supplement is expected to contain significant changes and updates that will affect your single audits, including a federal 6-requirement mandate for each program and an updated section on internal control. The Supplement, which is updated each year, identifies the existing important compliance requirements that the federal government expects to be considered as part of a single audit and is one of the most important pieces of guidance that you use in performing single audits. It provides a source of information for auditors to understand federal program objectives, procedures, and compliance requirements, as well as audit objectives and suggested audit procedures for determining compliance with these requirements. In this webcast we will review the 2019 Supplement and other single audit developments. Additionally, you will have the opportunity to have any questions answered. Key topics: • Overview of what has changed • How the different sections of the Supplement work together • Update on other single audit activities
changes to 2019 Compliance Supplement – how the sections of the supplement work together – Update on other single audit activities
Auditors performing single audits under the Uniform Guidance
Basic knowledge of single audits
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