This Governmental Audit Quality Center (GAQC) archived Webcast, GAQC Annual Update, will provide member participants with a summary of key issues that should be considered by audit teams as part of planning for the 2022 audit season. Remember that the GAQC membership requirements for CPA firms and State Audit Organizations (SAO) state that the firm's designated audit quality partner (DAQP) or SAO designated single audit leader (DAQL) must attend this annual Center-sponsored Webcast. However, all levels of staff will benefit from attending. The GAQC Executive Committee highly recommends that you and your staff view this Webcast prior to starting your 2022 governmental audits.
This GAQC archived Web event titled, 2022 Annual Required GAQC Webcast is intended to help auditors learn key issues that need to be on your radar, including:
The latest on single audits and related regulatory matters, including the 2022 Office of Management and Budget (OMB) Compliance Supplement
The continued impact of the pandemic
A summary of various accounting and auditing standard-setters' activities
Information on other compliance audits, such as those required by the U.S. Department of Education and the U.S. Department of Housing and Urban Development
Resources and tools available to you