Passthrough entities (PTE) have specific requirements under Uniform Guidance(UG). We will look at the determinations guidance in UG for determining Subrecipient vs Contractor. We will then look at the requirements for PTEs to monitor their subrecipients.
Who Should Attend
This session is for non-federal entities that have subrecipients and for auditors.
Topics Covered
- Specific passthrough entities requirements under UG
- How to determine who is a subrecipient under section 200.331
- Requirements for subrecipient monitoring under section 200.332
- Risk assessment considerations and monitoring best practices
Learning Objectives
- Identify who is a PTE
- Recognize how to determine who is a subrecipient
- Recognize the additional requirement of the PTE to do subrecipient monitoring
Level
Basic
Instructional Method
Group: Internet-based
NASBA Field of Study
Auditing (Governmental) (2 hours)
Program Prerequisites
None
Advance Preparation
None
Instructor
Diane Edelstein
Diane E. Edelstein is a Senior Partner at Maher Duessel in Pittsburgh, PA and has over thirty years of experience in public accounting. Her entire auditing career has been of non-profits, governments and Single Audit.
Diane speaks throughout the country on Non-profit accounting and auditing and Single Audit. She was member of the AICPA NPO Planning Conference Committee from 2012 – 2017 and continued to speak at the annual conference through 2019.
Diane currently serves on the AICPA Peer Review Board – GCA PMTF (Government and Compliance Audits Practice Monitoring Task Force) and is a past member of the PICPA Professional Ethics Committee and the PICPA Peer Review Committee.