Auditors performing single audits can learn about major program determination, pass-through entity responsibilities, SEFA requirements and other topics.
Learning Objectives
- Identify what a single audit encompasses.
- Identify key auditee and auditor responsibilities in the compliance audit of federal awards.
- Identify the basic audit requirements in a Uniform Guidance compliance audit.
- Identify the responsibilities of a pass-through entity.
- Identify the auditor and auditee responsibilities related to the schedule of expenditures of federal awards (SEFA).
- Identify the auditor and auditee responsibilities related to internal control over compliance related to federal awards.
- Recognize key considerations when sampling in a Uniform Guidance compliance audit.
- Recognize the auditor's reports required by the Uniform Guidance.
Major Topics
Fundamentals of a compliance audit performed under the Uniform
Guidance
Identifying federal awards and major programs
Pass-through entities and subrecipients
Schedule of expenditure of federal awards (SEFA)
Using the compliance supplement
Uniform Guidance administrative requirements and cost principles
Testing internal control over compliance
Writing an audit finding and reporting requirements of a single audit
