This GAQC rebroadcast will guide you in how to navigate the challenges of federal-relief funding, with a focus on major program implications. You will learn: Considerations for higher-risk and other major programs; Common scenarios that auditors face from COVID-19 federal-relief funding; Status of the OMB Compliance Supplement Addenda; Additional important single audit updates
•Identify how COVID-19 federal-relief funding affects single audits •Analyze other challenging single audit concepts and take appropriate action •Use best-practice strategies to achieve a quality single audit.
*COVID-19 *Single audits
Single audit partners and staff; Accountants and finance professionals
Basic understanding of single audit fundamentals