Single Audit
From Beginning to End
Description: This course covers the uniform administrative requirements, cost principles and audit requirements for federal awards for December 31, 2015 and later year ends:
Experience/Prerequisites: Minimum to advanced level.
Who should attend: Staff responsible for performance of single audit engagements, and partners and managers responsible for planning, reviewing and reporting on single audits.
Recommended CPE credit: 8 hours
Acronym: SABE
- Introduction
- Applicable AICPA standards
- Applicable OMB circular
- Gathering information – determining the major programs
- Identifying risk – identifying the applicable compliance requirements
- Assessing risk – considering the controls over the compliance requirements
- Designing procedures that are responsive to assessed risks – the tests of internal controls and compliance
- Evaluating single audit evidence