Enhance your knowledge regarding planning, directing, and reporting on a single audit engagement conducted under the Uniform Guidance. Through case studies and real-world examples, this course gives you insights into key issues that may arise, with an emphasis on the advanced topics that require particular attention
Learning Objectives
Assess fundamental auditee and auditor responsibilities in a compliance audit of federal awards
Evaluate whether the requirements related to the schedule of expenditures of federal awards have been met in your audit engagement
Evaluate whether proper major federal programs to be audited in a compliance audit were identified
Interpret the requirements for understanding internal controls, assessing the level of control risk, and testing the effectiveness of internal controls relative to federal awards
Interpret and evaluate the reporting requirements of a single audit
Interpret and evaluate guidance regarding sampling in a compliance audit