CORE Series: Understanding the Fundamentals of Single Audits WEBINAR
Overview
Single audits remain a critical requirement for organizations expending federal funds, yet many professionals benefit from revisiting the foundational framework behind them. This session provides a practical refresher on how single audits work, including when they are required, how major programs are determined, and where to locate and interpret key guidance. Attendees will gain a clearer understanding of audit planning considerations, compliance requirements, and common risk areas to strengthen both preparation and execution.
Highlights
How single audits work. How major programs are determined. Where to locate and interpret key guidance.
Prerequisites
None.
Designed For
CPAs working in government.
Objectives
Gain a clearer understanding of single audit planning considerations, compliance requirements, and common risk areas to strengthen both preparation and execution.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Michaela Kay, Partner, BDO USA LLP
Michaela Kay, CPA, has more than 15 years of professional accounting experience, providing audit and tax services to the Greater Seattle area. Currently, she serves as the practice leader for the BDO Seattle office’s Government and Nonprofit practices.
Michaela is able to bring a unique perspective to her clients as she spent two years working for World Vision as a lead senior accountant. This experience provides her with the ability to understand and relate to her clients on a practical level, including performing financial statement audits, internal control testing, single audits, program specific audits, and preparation of Form 990, while also being able to provide them with a superior client experience.
One of Michaela’s strongest attributes and biggest value adds for her clients is her ability and desire to assist with complex audit or accounting challenges. Relying on her foundational commitment to build robust relationships with her clients and getting to know their business on an intimate level, she is able to be proactive in identifying business challenges and working with her clients to find a solution.
Michaela is one of BDO’s Audit Quality Directors (AQD). As an AQD, Michaela is actively involved in staff training and the other quality control measures. In addition to internal training at BDO, she regularly teaches courses on single audits and other nonprofit accounting and auditing topics for the WSCPA and Thompson Grants.
In her free time, Michaela spends time with her husband, two daughters, and two dogs. We love to do bake and do crafts and I also enjoy relaxing with a good book.
Non-Member Price $60.00
Member Price $40.00