Answers to single audit challenges (bold)
Find solutions to the challenging issues encountered when performing single audits or other audits of federal assistance in this annual Governmental Audit Quality Center (GAQC) web event.
The format is a fast-paced lightning round of questions and answers commonly received by the GAQC, covered by a panel of experienced practitioners sharing their views.
The panelists will also share best practice tips for identifying the answers to challenging single audit issues.
Topics to be covered include:
- The Compliance Supplement and related challenging areas
- Certain nuances of auditing COVID-19 funding
- Testing internal control and compliance
- Emerging areas such as the Federal Audit Clearinghouse transition and the impact of recent infrastructure legislation.
Learning Objectives
· Determine the appropriate answers to common single audit questions.
· Identify where to find guidance related to the most common single audit questions.
· Apply best practices and tips for a successful single audit.
Major Topics
· Single audits
· Uniform guidance
· COVID-19 funding
· Internal control over compliance
· Compliance testing, audit quality
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