Overview of the 2024 Uniform Guidance
Author: Diane Edelstein
| CPE Credit: |
2 hours for CPAs |
Uniform Guidance (UG) is written for the federal agencies, auditors and auditees. We will look at the various sections of Uniform Guidance including administrative requirements, cost principles and audit requirements. We will walk through the sections of the 2024 Uniform Guidance including highlights of what has changed since UG was updated in 2020.
Publication Date: August 2024
Designed For
null
Topics Covered
- History and Who Follows Uniform Guidance
- Overivew of the Sections of Uniform Guidance
- Acronyms & Definitions - Subpart A
- General Provisions Subpart B
- Pre-Federal Award Requirements and Contents of Federal Awards Subpart C
- Post-Federal Award Requirements Subpart D
- Cost Principles Subpart E
- Audit Requirements Subpart F
Learning Objectives
- Identify the different sections of UG
- Identify the administrative requirements of UG
- Identify the cost principles of UG
- Recognize when a Single Audit is required and the requirements for both auditors and auditees
- Identify the last step in the major program determination and risk assessment process
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Auditing (Governmental) (2 hours)
Program Prerequisites
None
Advance Preparation
None
