Applying the Uniform Guidance in Your Single Audits
Description
This webcast is the perfect way to make sure your skills are up-to-date in preparation for taking the Intermediate Single Audit Certificate exam. Visit the Single Audit Certificate website for more information on the certificates and learning options available. Does a single audit have you running in circles? This webcast provides you with the knowledge to be more efficient and effective at planning and performing audits in accordance with the requirements of the Uniform Guidance and the Single Audit Act. Make sure your skills are up-to-date with the latest information in this challenging audit area.
Learning Objectives
Analyze the relationship of the Single Audit Act and the OMB Uniform
Guidance~
Identify fundamental auditee and auditor responsibilities
related to a compliance audit of federal awards~
Determine major federal
programs~
Determine the requirements of the single audit as it relates
to understanding internal control, assessing the level of control risk,
and testing the effectiveness of internal control relative to federal
awards~
Identify the single audit requirements for testing compliance
with federal statutes and regulations and the applicable compliance
requirements relative to major federal programs~
Select reporting
requirements~
Identify the audit and reporting requirements for
program-specific audits~
Apply the types of guidance and requirements
found in the Uniform Guidance, including cost principles for federal
awards~
Major Topics
Introduction to single audits
Identifying federal assistance and determining major programs
Understanding, assessing and testing internal control
Testing compliance with federal statutes and regulations and applicable compliance requirements
Auditor reporting in a Uniform Guidance compliance audit
Program-specific audits
Considerations related to implementing the Uniform Guidance requirements
