Advanced Topics in a Single Audit

Date: July 19, 2017 Time: 8:00 am - 3:30 pm EST Location: Columbia, MD CPE: 8 Format: In-Person
EVENT DESCRIPTION

Updated for OMB Uniform Guidance Be prepared for difficult single audit areas before they happen rather than reviewing them after the fact. Learn how to carry the weighty responsibilities of planning, directing, and reporting on a single audit engagement conducted under the Uniform Guidance, with an emphasis on the advanced topics that require particular attention. This course gives you insights into key issues that are not covered in other courses, and provides case studies to help put the guidance into practice.

LEARNING OBJECTIVES
At the completion of this course, you will be able to:
Assess auditor considerations when planning a compliance audit of federal awards
Evaluate whether the requirements related to the Schedule of Expenditures of Federal Awards (SEFA) have been met in your audit engagement
Evaluate whether major federal programs to be audited in a compliance audit were identified
Interpret the requirements for understanding internal control, assessing the level of control risk, and testing the effectiveness of internal control relative to federal awards
Interpret and evaluate the reporting requirements of a single audit; Interpret and evaluate guidance regarding sampling in a compliance audit
Identify considerations related to pass-through entities.
MAJOR TOPICS
Planning the compliance audit and other risk assessment considerations; Required elements of the Schedule of Expenditures of Federal Awards
Major program determination process, including clusters, loans, and loan guarantees
Considerations when assessing and evaluating internal controls over compliance
Evaluating and reporting on applicable compliance requirements related to compliance testing
Considerations of pass-through entities and sub recipients
Audit sampling in a compliance audit
Advanced audit reporting issues
EVENT DETAILS
PROFESSIONAL AREAS OF FOCUS
Accounting & Auditing Government
CPE FIELD OF STUDY
Auditing (Governmental) (8 Credits)
WHO SHOULD ATTEND
Auditors responsible for planning, directing, and reporting on single audits
INSTRUCTOR(S)
Anthony Cuozzo
PREREQUISITES
Intermediate competency in single audits
COURSE LEVEL
Advanced

MACPA MEMBER


$ (% off)
$295.00
Price includes $xx early registration discount(s) - expires xx/xx

NON-MEMBER


$ (% off)
$395.00
Price includes $xx early registration discount(s) - expires xx/xx
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