Objective
- Distinguish single audits from standard financial statement audits with clarity and confidence
- Navigate essential single audit concepts
- Understand and perform basic procedures for testing internal controls over compliance and conducting compliance testing
Highlights
- How single audits differ from financial statement audits
- Unique single audit concepts — the schedule of expenditures of federal awards, major program determination, the schedule of findings and questioned costs
- Testing internal controls over compliance and compliance testing
Designed For
Not-for-profit and government auditorsPrerequisite
NoneAdvanced Preparation
None