April 30, 2025

Webinar

8 CPE

Webinar (AICPA): Performing a Single Audit Under the Uniform Guidance

April 30, 2025
Webinar
8 CPE

Webinar (AICPA): Performing a Single Audit Under the Uniform Guidance

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    Instructor

    Melisa
    Galasso

    View Bio

    Melisa Galasso, melisa@galassolearningsolutions.com

    Bio

    Melisa F. Galasso is the founder and CEO of Galasso Learning Solutions LLC. A CPA with nearly 20 years of experience in the accounting profession, Melisa designs and facilitates courses in advanced technical accounting and auditing topics, including not-for-profit and governmental accounting.

    Her passion is providing high-quality CPE that is meaningful, creates efficiencies and improves quality, and positively impacts ROI. She also supports essential professional development, audit level training, and train the trainer efforts.

    Melisa is a Certified Professional in Talent Development (CPTD) and has earned the Association for Talent Development Master Trainer™ designation. Her passion for instructional design and adult learning techniques is one of the differentiators that set her apart from other CPE providers.

    She also serves on the FASB's Not-for-Profit Advisory Committee (NAC), AICPA Council, and the VSCPA's Board of Directors. She previously served on the AICPA's Technical Issues Committee (TIC) and is a past-Chair of the NCACPA's A&A committee.  In addition, Melisa authors the AICPA's State and Local Government Guide and serves as a SME for the Center for Plain English Accounting.

    Melisa is a 2020 Enterprising Women of the Year Award recipient and was honored as a "40 under 40" by CPA Practice Advisor in 2017, 2018, and 2019. She was also named the 2019 Rising Star by her regional NAWBO chapter, received the Don Farmer award for achievement in technical content instruction, and earned several other awards for public speaking and technical training.

  • Performing a single audit Exploring various topics related to single audits will give you the knowledge you need to perform these engagements skillfully. You can learn about:
  • Major program determination
  • Pass-through entity responsibilities
  • SEFA requirements
  • The Compliance Supplement requirements
  • The administrative requirements and cost principles found in the Uniform Guidance Uniform Guidance compliance audit basics Gaining an understanding of the Uniform Guidance basics will prepare you for compliance audit engagements. You can examine various topics, such as:
  • Requirements overview
  • Applying GAAS and the Yellow Book to compliance audits
  • Entities that must undergo this type of engagement Federal awards decoded You can also learn the different types of federal awards, along with audit implications for a recipient or subrecipient. Federal award topics covered include:
  • Becoming aware of the SEFA
  • Major program determination Testing and reporting responsibilities You will acquire a fundamental understanding of your responsibilities related to testing and reporting by examining topics, such as:
  • Testing internal control over compliance
  • Testing compliance
  • Writing an audit finding

Learning Objectives

  • Identify what a single audit encompasses.
  • Identify key auditee and auditor responsibilities in the compliance audit of federal awards.
  • Identify the basic audit requirements in a Uniform Guidance compliance audit.
  • Identify the responsibilities of a pass-through entity.
  • Identify the auditor and auditee responsibilities related to the schedule of expenditures of federal awards (SEFA).
  • Identify the auditor and auditee responsibilities related to internal control over compliance related to federal awards.
  • Recognize key considerations when sampling in a Uniform Guidance compliance audit.
  • Recognize the auditor’s reports required by the Uniform Guidance.

Major Topics

  • Fundamentals of a compliance audit performed under the Uniform Guidance
  • Identifying federal awards
  • Pass-through entities and subrecipients
  • Schedule of expenditure of federal awards (SEFA)
  • Determining major programs
  • Using the compliance supplement
  • Uniform guidance administrative requirements and cost principles
  • Testing internal control over compliance
  • Testing compliance
  • Writing an audit finding
  • Reporting requirements of a single audit

CPE Credits Available

8 CPE
8
Auditing (Governmental)

Things to Know About This Course

Course Level

  • Basic

Professional Area of Focus

  • Peer Review

Prerequisites

None

Advanced Preparation

This webinar is produced by AICPA. You will receive your login link/instructions and Certificate of Attendance directly from this third-party vendor. It is important that you review your COCPA confirmation for details on receiving your login instructions and COA from said vendor.

Intended Audience

  • Auditors performing single audit engagements
  • Internal financial staff of governments
  • Not-for-profit entity staff who interact with Auditors

Provider

AICPA - Durham

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