Webinar (AICPA): Single Audit Fundamentals Part 3: Compliance Requirements and Internal Control over Compliance

Part 3: Compliance Requirements and Internal Control over Compliance (bold)

In Part 3 of the Single Audit Fundamentals Series (link) we will focus on the execution portion of a single audit including a discussion of the types of compliance requirements and internal control over compliance.

Topics covered include:
• Introduction to and using the annual OMB Compliance Supplement (Supplement)

• Identifying compliance requirements subject to audit using the Supplement

• Determining direct and material compliance requirements

• Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards at 2 CFR 200 (UG or Uniform Guidance) requirements for testing internal controls

• Understanding and testing the compliance requirements

• Documentation requirements