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OMB Supplement Addendum and the Latest COVID-19 Single Audit Implications

OMB Supplement Addendum and the Latest COVID-19 Single Audit Implications

This rebroadcast of a recently held GAQC Webcast covers the newly released addendum to the 2020 OMB Compliance Supplement, as well as the latest COVID-19 implications on single audits.

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NASBA Field of Study

Auditing (Governmental)



CPE Credits



Lindsey D. Oakley, Kimberly McCormick


3 months

Product Number


 Business & partner 
Product Details

Changes and Implications

OMB has issued an addendum to the 2020 Compliance Supplement that includes new Part 4 sections for certain COVID-19 programs, as well as certain existing programs with requirements impacted by the pandemic.

This GAQC webcast rebroadcast will provide:

  • What the addendum includes
  • A high-level primer on several of the most significant new programs
  • Information on how the addendum impacts your single audits
  • The latest COVID-19 matters the GAQC has on its radar
  • Commonly asked questions

Government Audit Quality Center (GAQC) members save an additional 20% Login here to obtain the discount code.

Who Will Benefit
  • Single Audit Practice Leaders and Staff
Key Topics
  • Guidance for Auditing New COVID-19 Related Programs
  • COVID-19 Impact on Single Audit
  • Addendum to OMB 2020 Compliance Supplement
Learning Outcomes
  • Evaluate how future GAQC projects will impact your single audit practice
  • Use the addendum information to audit new COVID-19 related programs
  • Identify the impact of the addendum on your single audits due to COVID-19
More Details
NASBA Field of Study
Auditing (Governmental)
Working knowledge and experience with single audit
This is a digital product. With full paid access the content will be available to you for 3 months after purchase date.
2 hrs
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2 to 5 registrants

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Contact us
Lindsey D. Oakley
Director, National Accounting & Auditing Assistant Director, Firmwide Government & Not-for-Profit Technical Coordinator, Lindsey, a member of BKD National Not-for-Profit Group and BKD National Governmental Group, currently serves in BKD's National Office Accounting & Auditing Department, where she provides technical support to BKD auditors, implements new professional standards and performs concurring review on engagements.She also serves as BKD's firmwide government & not-for-profit technical coordinator. She joined the National Office in 2012 after working in the Springfield, Missouri, office where she provided audit and consulting services for not-for-profit organizations, governmental entities and real estate companies. Lindsey was a lead adopter of the AICPA's Advanced Single Audit Certificate Program. This certificate requires the ability to evaluate and analyze the core concepts related to client acceptance, engagement planning, engagement analysis, concluding an engagement and guiding principles for single audits at an advanced level as outlined in the AICPA Competency Framework: Governmental Auditing. Lindsey is a member of the Executive Committee of the American Institute of CPAs (AICPA) Governmental Audit Quality Center. She is also a member of the American Institute of CPAs and Missouri Society of CPAs. Lindsey is a 2004 cum laude graduate of Missouri State University, Springfield, with a B.A. degree in accounting and a 2005 graduate with an M.Acc. degree.
Kimberly McCormick
Kimberly McCormick, CPA, is a partner with Grant Thornton, LLP in the San Francisco Bay Area. She has over 27 years of experience working with all types of not-for-profit organizations and governments and currently serves as an audit partner for several colleges and universities, religious organizations, museums, foundations, social service organizations and many organizations subject to OMB Circular A-133. Kim previously served on the Executive Committee of the AICPA's Governmental Audit Quality Center, currently serves on the planning committee for the AICPA's National Governmental Accounting and Auditing Update conference and is the co-chair of the California Society NPO Conference. She serves on the audit committee of Northern California Grantmakers and is a member of the AICPA and CalCPA.

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