Testing of Internal Controls is required in a Single Audit. We will look at the Green Book/COSO Frameworks for Internal Control and at look at what the Compliance Supplement recommends for Internal Control over compliance. We will also look at required reporting of internal control findings.
Publication Date: October 2023
Designed For
This course is designed for auditors but can be helpful for non-profits and governments in their designing of internal control.
Topics Covered
- Uniform Guidance - Overview
- Auditee responsibility for Internal Control
- Auditor responsibility for testing Internal Control
- Evaluating controls and testing controls
- How to report a finding in internal control
Learning Objectives
- Identify the auditee responsibility for Internal Control
- Recognize how to differentiate which areas of Internal Control the auditor must test
- Recognize the requirement to evaluate whether controls are designed effectively and have been placed into operation
- Identify the requirement to test internal controls
Level
Basic
Instructional Method
Self-Study
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.