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
Upon completion of this webcast, participants will be able to:
Analyze the relationship of the Single Audit Act and the OMB UniformGuidance~
Identify fundamental auditee and auditor responsibilitiesrelated to a compliance audit of federal awards~
Determine major federalprograms~
Determine the requirements of the single audit as it relatesto understanding internal control, assessing the level of control risk,and testing the effectiveness of internal control relative to federalawards~
Identify the single audit requirements for testing compliancewith federal statutes and regulations and the applicable compliancerequirements relative to major federal programs~
Select reportingrequirements~
Identify the audit and reporting requirements forprogram-specific audits~
Apply the types of guidance and requirementsfound in the Uniform Guidance, including cost principles for federalawards~
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
