Description
Objective
Assess areas to be considered when planning a compliance audit of federal awards. Evaluate whether the requirements related to the Schedule of Expenditures of Federal Awards (SEFA) have been met in your audit engagement. Evaluate whether major federal programs to be audited have been appropriately identified. Interpret the requirements for understanding internal control, assessing the level of control risk, and testing the effectiveness of internal control relative to federal awards. Interpret and evaluate the reporting requirements of a single audit. Interpret and evaluate guidance regarding sampling in a compliance audit. Identify considerations related to pass-through entities.
Highlights
Planning the compliance audit and other risk assessment considerations Required elements of the Schedule of Expenditures of Federal Awards Major program determination process, including the considerations of clusters, loans, and loan guarantees Considerations when assessing and evaluating internal controls over compliance Evaluating and reporting on applicable compliance requirements related to compliance testing Considerations of pass-through entities and subrecipients Audit sampling in a compliance audit Advanced audit reporting issues Update on Government Auditing Standards
Who Should Attend
Auditors responsible for planning, directing, and reporting on single audits
Required Knowledge
Intermediate competency in single audits
Advanced Prep
None
Event Speaker(s)
Additional Event Information
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Registration Fees
| Registration | Early Bird | Regular |
|---|---|---|
| NCACPA Member | $315.00 | $365.00 |
| Non-Member | $415.00 | $465.00 |
The North Carolina Association of Certified Public Accountants is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.