Single audits bring unique control and compliance requirements that differ from GAAS, often leaving auditors uncertain about where their responsibilities truly begin and end. This course removes that uncertainty by clearly outlining auditor responsibilities and providing practical guidance for applying single audit requirements with confidence. Through 20 focused, hands-on exercises, you’ll strengthen your skills in control and compliance testing and gain the insight needed to perform single audits more efficiently and effectively.
Learning Objectives
- Understand the auditor’s responsibilities related to internal control in single audits
- Skillfully apply the single audit requirements related to testing direct and material compliance requirements for major programs
- Perform single audits that make peer reviewers happy
Major Topics
- The essential internal control concepts applied in single audits
- How auditors obtain an understanding of controls over compliance and test the effectiveness of those controls in single audits
- How auditors plan and perform tests of compliance in single audits
- The identification and reporting of control and compliance findings
