The new single audit rules include a required assessment of audit quality by the federal agencies that rely on single audits. That assessment is in addition to an increased emphasis on single audits in the peer review process. Therefore, it is more important than ever to ensure your single audits are of the highest quality. This archived event will review key areas that auditors need to ensure they get right in their audits, as well as assist in understanding how things can go wrong through a review of common deficiencies in both single audits and audits performed in accordance with Government Auditing Standards (Yellow Book).
About the Event
This event will provide an overview of common single audit and Yellow Book deficiencies and what you should be doing to prevent these types of deficiencies in your single audit practice. Participants will learn about:
- Key focus areas and common deficiencies;
- Tips for avoiding deficiencies; and
- Changes to the peer review process to focus on single audits.
About the Presenters
Rick Reeder, CPA, CGMA. Rick is the owner of Reeder & Associates, PA, a local CPA firm in Tampa, Florida. He has over 30 years of auditing experience and is the immediate past Chair of the AICPA Peer Review Board and a former member of the GAQC Executive Committee. He also previously served on the AICPA Quality Control Standards Task Force. Currently, Rick is a member of several AICPA Practice Monitoring Task Forces.
Brian Schebler, CPA. Brian is RSM's National Director of Public Sector Service with over 30 years of experience. He is responsible for the firm's government, nonprofit, and compliance audit methodologies and overseeing the quality of industry related assurance services. He is the immediate past Chair of the GAQC Executive Committee. Currently, he is a member of the Advisory Council on Government Auditing Standards and the AICPA Single Audit Practice Monitoring Task Force.
Click on the below link, to listen to the archived Web event:
Thank you for your interest in this GAQC Event.