Major Program Determination (Completed)

The goal of a Single Audit is to give an opinion on Major Programs. The Major Programs are determined by the auditor by following the steps located in Uniform Guidance. We will cover the four steps of major programs determination, the criteria to be a low-risk auditee and the pitfalls that come with doing major program determination. Because Major Program determination starts with the SEFA (Schedule of Expenditures of Federal Awards) we will look at key elements required in the SEFA. It is critical that the steps are done correctly so that the auditor does not miss a major program and need to reissue their audit.

Who Should Attend
This session is for auditors conducting Single Audits.

Topics Covered

• Four steps of the major program determination process
• Criteria to be a low-risk auditee
• Pitfalls that come with auditors doing the major program determination
• Key elements required in the SEFA

Learning Objectives

• Identify the four steps of the major program determination process
• Describe the criteria to be a low-risk auditee
• Identify all the pitfalls that come with auditors doing the major program determination

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Auditing (Governmental) (2 hours)

Program Prerequisites
Basic understanding of major program determination and uniform guidance.

Advance Preparation
None