This Governmental Audit Quality Center (GAQC) archived Web event titled, Pandemic-Related Single Audit Issues and Other Single Audit Updates, held on Wednesday, December 15, 2021, provided the latest information on single audits impacted by the pandemic. Single audits are always challenging, but even more so now due to the COVID-19 pandemic and related historic amounts of federal funding. Further, changes and updates are coming at a fast pace. This event will walk you through a variety of single audit topics aimed at helping you navigate the continuing challenges, with a focus on major program implications. Topics to be covered include:
The introduction of "higher risk" programs and other major program considerations;
Other challenges and common scenarios that auditors are facing arising from COVID-19 funding; and
The status of the Office of Management and Budget Compliance Supplement Addenda and other important single audit updates.