This Governmental Audit Quality Center (GAQC) archived Web event titled, GAQC Single Audit Lightning Round Q&A, which was held on Wednesday, September 22, 2021, provides you with critical information now that the 2021 Supplement has been released. This session, led by a panel of current and former GAQC Executive Committee members, covers commonly asked questions the GAQC is getting from members on both the Supplement and the impact of COVID-19 funding on single audits. It provides participants with a fast-paced lightning round discussion. Topics covered include:
2021 Compliance Supplement challenges and issues;
Challenges presented by COVID-19 funding;
Impact of future OMB Supplement Addenda coming this Fall; and
Best practice tips.