Single Audit Update: What to Know and How to Prepare
Date: Thursday, July 16, 2026
Instructor: Clark Nuber, Kelly Rancourt, Troy Rector
| Begin Time: |
9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time |
| CPE Credit: |
2 hours for CPAs |
|
Single Audits continue to evolve as federal funding sources, regulatory expectations, and compliance requirements shift. With significant updates in the 2025 OMB Compliance Supplement, ongoing effects of pandemic-era and infrastructure funding, and revisions to the Uniform Guidance, organizations must stay ahead of new requirements. This course provides a clear, practitioner‑focused overview of the latest Single Audit developments, explaining how changes affect both auditors and auditees. Participants will gain practical insight into preparing for upcoming audits, understanding new federal oversight priorities, and implementing internal controls and documentation processes that support compliance and audit readiness.
Who Should Attend
Auditors performing single audits subject to the Uniform Guidance. Auditees subject to single audits.
Topics Covered
- Single Audit landscape: federal trends, monitoring priorities, and risk areas
- OMB Compliance Supplement: key changes, focus areas, and implementation guidance
- Updated Uniform Guidance requirements and anticipated revisions
- Managing federal grants: documentation, internal controls, and compliance strategies
- Preparing for Single Audits: auditor expectations, common pitfalls, and practical readiness tips
Learning Objectives
- Interpret key updates in the 2025 OMB Compliance Supplement and apply them to Single Audit planning
- Evaluate the impact of federal pandemic and infrastructure funding on current and future Single Audit requirements
- Assess the significance of proposed or final Uniform Guidance revisions and how they affect audit procedures
- Determine how updates to OMB Single Audit guidance influence auditee responsibilities and preparation
- Identify when the 2024 Uniform Guidance revisions in Subpart F become effective and understand implications for compliance
Level
Intermediate
Instructional Method
Group: Internet-based
NASBA Field of Study
Auditing (Governmental) (2 hours)
Program Prerequisites
Prior experience with Single Audits
Advance Preparation
None
