The Impact of Federal Government Activities on Government and NFP Financial Statements
Bring your organization or audit firm up to date on the requirements and guidance in Government Auditing Standards, the Uniform Guidance, and the Compliance Supplement.
Format
Webcast
NASBA Field of Study
Auditing (Governmental)
Level
Update
CPE Credits
2
Author(s)
Melisa F. Galasso
Availability
Product Number
VCL2FGA22100
Single audit requirements
COVID-19 triggered a huge surge in federal relief funding. Recipients of that funding have since been subject to federal single audits, often for the first time.
Whether you are new to single audits or you have years of experience, attending this course will provide you with invaluable insights into the world of governmental auditing.
Join us as take a deep dive into receiving and spending federal funds. We'll discuss:
- Generally Accepted Government Audit Standards
- Uniform Guidance
- Compliance Supplement
- Internal controls best practices
Key Topics
- Uniform Guidance
- Government Auditing Standards
- Compliance Supplement
- Internal controls
Learning Outcomes
- Recall GAGAS requirements related to independence, management’s responsibilities, and reporting.
- Recognize changes to the Uniform Guidance issued in 2020.
- Recognize the impact of COVID-19 funding on single audits.
- Identify internal control considerations in a single audit.
Who Will Benefit
- Preparers of financial statements subject to Yellow Book and single audit requirements
- Auditors of financial statements subject to Yellow Book and single audit requirements
- Users of financial statements subject to Yellow Book and single audit requirements
Group ordering for your team
2 to 5 registrants
Save time with our group order form. We’ll send a consolidated invoice to keep your learning expenses organized.
Start order6+ registrants
We can help with group discounts. Call us at 1-800-634-6780 (option 1) or email us at salessupport@aicpa.org
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