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Monday, December 11, 2023 Live Webcast

Single Audit Essentials and Update (E2312491)

8:45 AM - 4:30 PM EST

Registration: 8:30 AM EST

webcast

Vendor Platform

8 CPE Credits in AA

OVERVIEW

Auditors performing Single Audits and other compliance audits accept a significant amount of risk. Not only are the rules voluminous but they are ever changing. Peer reviewers and agency reviewers have identified numerous issues with Single Audits resulting in firms being referred to the AICPA ethics division. This is why it is critical that those who perform work under Government Auditing Standards (Yellow Book), the Uniform Guidance or other agency compliance audit guides understand and properly test and document compliance with those requirements. To complicate matters the Single Audit landscape has been in flux for two years ever since the federal government began providing COVID-19 funding. It is important to be up to date on filing deadlines, the latest compliance requirements, and changes to the Uniform Guidance. This course will discuss the essentials of performing Single Audits, the most recent guidance on federal awards for not-for-profits, governments, and for-profit entities and recent peer review and agency findings.

DESIGNED FOR

Accountants working in industry who are handling any aspect of federal award compliance.

BENEFITS

  • Identify and be able to test the most important aspects of a single audit.
  • Identify the most recent OMB, Federal agency, and Single Audit requirements.
  • Be aware of risk areas in audits identified by peer reviewers and agencies.
  • Test those requirements

HIGHLIGHTS

  • Essentials of performing Single Audits
  • Recent guidance on federal awards for not-for-profits, governments, and for-profit entities
  • Tecent peer review and agency findings.

COURSE LEVEL

Update

PREREQUISITES

Basic understanding of single audit

ADVANCE PREPARATION

None

INSTRUCTOR

Margaret Thomas

Margaret Shaw Thomas, CPA, CGMA, MHA

Marci Thomas, MHA, CPA, CGMA, licensed as a CPA in Georgia and North Carolina, is an author and nationally recognized speaker on various accounting and auditing topics to companies, nonprofits, CPA firms, and state societies of CPAs around the country. A frequent speaker at local, regional, and national conferences, she also writes and teaches courses in governance, financial management, grants accounting, strategy, and various operational topics. Marci is a clinical assistant professor in the School of Public Health at the University of North Carolina at Chapel Hill. She works with numerous accounting firms, performing quality control and efficiency reviews; and with boards on strategic planning, internal control, and governance issues. Marci serves on the Not-for-Profit Committee for the North Carolina Association of CPAs. Marci has written and co-written several books, including Essentials of Physician Practice Management, published by Jossey Bass in 2004. Her book Best of Boards: Sound Governance and Leadership for Nonprofit Organizations was published by the AICPA and Wiley Publishing in 2018 and is on its second printing. Her book on health care financial management was published by Wiley Publishing in 2014, with a new edition expected in 2020. Marci received her Bachelor in Business Administration with a concentration in accounting from the Georgia State University and her Masters in Health Administration from the University of North Carolina at Chapel Hill.

PRICING

$289.00 - Member

$439.00 - Nonmember

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

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