Upcoming GAQC Web Event
The GAQC member-only Web event titled, The 2013 OMB Compliance Supplement and Proposed Single Audit Reforms, is scheduled for Thursday, June 13, 2013, from 1:00 PM - 3:00 PM (Eastern Time). The event will provide members with key insights on the latest single audit activity including the OMB 2013 Compliance Supplement and the OMB's efforts to revise OMB Circular A-133 and other key proposed grant reforms. See Alert #220 for registration information.
This GAQC archived Web event tilted, Understanding Issues of Significance to Stand-Alone BTAs Resulting from Select Recent GASB Standards, will focus primarily on stand-alone business type activities that have component units rather than general-purpose governments. If you are an auditor or preparer of governmental hospitals or health care providers, governmental colleges or universities, public utilities, or another special-purpose government that is a BTA, you should consider listening to this archived event.
GAQC Comments on Proposed Single Audit Changes
On June 2nd, the GAQC issued its comment letter on OMB’s proposed single audit changes and other key grant reforms. Considerable time and effort was put into reviewing and analyzing these proposals by a task force of the GAQC Executive Committee. The letter communicates significant concerns in a number of areas including the future effective date; federal capacity and coordination issues; and a lack of clarity around certain changes to the cost principles, indirect cost rules, and time and effort requirements. We encourage all members to review the GAQC letter.
Member web events are held periodically and are archived on this page for convenient access.
GAQC Alerts contain critical and time sensitive information about governmental audit developments and this page contains archived Alerts issued to date.
GAQC has developed valuable tools to help members perform quality single audits.