Get single audits done right (bold)

With the addition of historic amounts of federal pandemic funding into the single audit pipeline, federal agencies are relying on single audits more than ever to oversee the spending of these funds.

This Governmental Audit Quality Center (GAQC) web event focuses on the importance of evaluating findings and reporting in a single audit.

Getting your findings right and issuing correct reporting is more important than ever. Consider:
– Do you know what audit findings are required to be reported under the uniform guidance?
– What are your responsibilities as an auditor related to prior-year audit findings?
– What are your responsibilities as an auditor when the auditee discovers additional federal funding that should have been reported on the schedule of expenditures of federal awards?

In addition to answering these questions, this webcast will provide information on:
– How to evaluate and report single audit findings
– The requirements for addressing prior-year findings
– Common single-audit reporting issues
– What to do if you have to reissue a prior-year report