Introduction to Single Audit WEBCAST
Overview
Single Audits are a critical area of focus within the profession and require a thorough understanding of the Uniform Guidance and its unique requirements for auditing federal awards. This course provides a clear, practical introduction to the performance and reporting standards that distinguish Single Audits from other types of engagements. Participants will explore foundational concepts, including internal controls over compliance, the structure and use of the Compliance Supplement, and the compliance requirements applicable to federal programs. The course also covers reporting considerations and the elements of a finding in a Single Audit. The course has been updated to reflect the 2024 Uniform Guidance.
Highlights
Uniform Guidance requirements for Single Audits. Performance and reporting standards unique to Single Audits. Internal controls over compliance. Structure and use of the Compliance Supplement. Federal program compliance requirements. Reporting considerations in a Single Audit.
Prerequisites
None.
Designed For
All accounting and auditing professionals.
Objectives
Recall the unique auditing requirements of the Uniform Guidance. Recognize when a Single Audit is required. Identify the elements of a finding in a Single Audit. Recall reporting requirements for a Single Audit. Identify internal controls over compliance in a Single Audit context. Identify compliance requirements outlined in the Compliance Supplement.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Melisa Galasso, Galasso Learning Solutions LLC
4.52 stars out of 5
Melisa Galasso is the founder and CEO of Galasso Learning Solutions LLC. A CPA with over 15 years of experience in the accounting profession, Melisa designs and facilitates courses in advanced technical accounting and auditing topics, including not for profit and governmental accounting. Her passion is providing high-quality CPE that is meaningful, creates efficiencies and improves quality, and positively impacts ROI. She also supports essential professional development, audit level training, and train the trainer efforts. Melisa is a Certified Professional in Talent Development (CPTD) and has earned the Association for Talent Development Master Trainer™ designation. Her passion for instructional design and adult learning techniques is one of the differentiators that set her apart from other CPE providers. She also serves on the FASB’s Not-for-Profit Advisory Committee (NAC), the AICPA’s Technical Issues Committee (TIC), has had leadership roles on various A&A committees, and serves on the VSCPA’s Board of Directors. Melisa is a 2020 Enterprising Women of the Year Award recipient and was honored as a “40 under 40” by CPA Practice Advisor in 2017 and 2018. She was also named the 2019 Rising Star by her regional NAWBO chapter, received the Don Farmer award for achievement in technical content instruction, and earned several other awards for public speaking and technical training. Get real-time A&A updates and answers from Melisa Galasso via the WSCPA’s A&A Today videos on YouTube!Non-Member Price $119.00
Member Price $89.00