Audits Under Uniform Guidance-Single Audit & NPOs 2024
4.00 Credits
Member Price $159
Non-Member Price $209
Overview
Audits conducted under the Uniform Guidance for Federal Awards continue to be among the most challenging audit engagements as the number of federally funded programs for not-for-profit organizations continues to increase. This course will provide you with what you need to know to prepare for Single Audits conducted during 2024, including performing the compliance audit and auditor reporting responsibilities.
Highlights
- Concepts of the Single Audit under the Uniform Guidance
- Performing the compliance audit of federal awards, including testing auditee compliance and internal control over compliance
- Auditor reporting responsibilities including the compliance audit reports, the report on the schedule of expenditures of federal awards, and schedule of findings and questioned costs
- Requirements for the schedule of expenditures of federal awards, known as the SEFA
- Update on the OMB Compliance Supplement
Prerequisites
A basic knowledge of the Single Audit.
Designed For
Auditors performing audits under the Uniform Guidance
Objectives
- Learn the latest updates in Single Audit engagements
- Identify auditor and auditee responsibilities in the compliance audit of federal awards
- Review the concepts of major program determination
Preparation
None
Leader(s):
Leader Bios
Robert Bedwell, Surgent McCoy CPE, LLC
Bob Bedwell, CPA, is an Audit and Advisory Principal at Mallah Furman, with over 35 years of audit and accounting experience. Bob regularly assists clients with a full range of corporate audit and assurance services, including financial statement preparation, auditing, SEC reporting, mergers, acquisitions, divestitures, due diligence, financing regulatory compliance, accounting system oversight, internal controls, IFRS conversions, Sarbanes-Oxley compliance advisory, and the independent review of external data.
Bob has been a discussion leader on numerous topics for the Florida Institute of Certified Public Accountants, as well as for the firms for which he has worked, and has received high evaluations for his knowledge of topics and presentation skills.
Bob received his Bachelor of Science in Accounting and Finance from Upsala College in East Orange, New Jersey, and has also earned a Masters in Accounting from Florida Atlantic University. Licensed as a Certified Public Accountant in Florida, Bob is a member of the Florida Institute of Certified Public Accountants (FICPA) and the International Association of Practicing Accountants (IAPC). He has previously served as chairman of the FICPA Accounting Principles and Auditing Standards Committee.
Non-Member Price $209
Member Price $159