The Coronavirus Aid, Relief, and Economic Security Act and other related legislation enacted in response to the COVID-19 pandemic have resulted in significant federal financial assistance to entities that typically receive little to no federal funding and may be unfamiliar with grants management and the impact on an audit. Join us for an overview of the Single Audit and insight on areas you should focus on in preparation for success.
Upon completion of this program, participants will be able to:
- Describe a Single Audit and the responsibilities of the auditee
- Recognize Uniform Guidance regulations and compliance requirements for developing internal controls
- Identify the differences between a standalone financial statement audit report and Single Audit report
The content of this webinar is the exact same as the content broadcast on the July 14 webinar, COVID-19 Funding Compliance: Preparing for Your First Single Audit. It is the responsibility of the participant to not claim duplicate CPE credit.