The final step in the Single Audit is the reporting of the results. We will look at what is required to be reported by the auditors as a finding in the "Report on Compliance for Each Major Federal Program and Report on Internal Control Over Compliance Required by the Uniform Guidance" and what are the elements of the Schedule of Findings and Questioned Costs. We will look at the auditee requirement to complete a” Summary Schedule of Prior Audit Findings” and a “Corrective Action Plan” (CAP)
Who Should AttendThis session is for both auditees and auditors.
Instructional MethodGroup: Internet-based
NASBA Field of Study
Auditing (Governmental) (2 hours)