Performing a Single Audit Under the Uniform Guidance

Overview

Major program determination, pass-through entity responsibilities, SEFA requirements, and other topics are introduced and explained for auditors performing single audits.

Highlights

Fundamentals of a compliance audit performed under the Uniform Guidance

Identifying federal awards

Pass-through entities and subrecipients

Schedule of expenditure of federal awards (SEFA)

Determining major programs

Using the compliance supplement

Uniform guidance administrative requirements and cost principles

Testing internal control over compliance

Testing compliance

Writing an audit finding

Reporting requirements of a single audit

Designed For

Auditors performing single audit engagements

Internal financial staff of governments

Not-for-profit entity staff who interact with Auditors

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.

Notice

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