|Accounting & Auditing
*The member rate applies to LCPA members, other state CPA society members, and non-CPA staff of LCPA members. To register online, use the ‘Register’ button above. To register by phone, call the LCPA Member Service Center at 800.288.5272 or 504.464.1040, Monday through Friday, 8am to 5pm.
Texas CPAs: Our Texas State Board of Public Accountancy Sponsor number is #010423.
This webcast is the perfect way to make sure your skills are up-to-date in preparation for taking the Intermediate Single Audit Certificate exam. Visit the Single Audit Certificate website for more information on the certificates and learning options available. Does a single audit have you running in circles? This webcast provides you with the knowledge to be more efficient and effective at planning and performing audits in accordance with the requirements of the Uniform Guidance and the Single Audit Act. Make sure your skills are up-to-date with the latest information in this challenging audit area.
When you complete this webcast, you will be able to:
- Analyze the relationship of the Single Audit Act and the OMB Uniform Guidance.
- Identify fundamental auditee and auditor responsibilities related to a compliance audit of federal awards.
- Determine major federal programs.
- Determine the requirements of the single audit as it relates to understanding internal control, assessing the level of control risk, and testing the effectiveness of internal control relative to federal awards.
- Identify the single audit requirements for testing compliance with federal statutes and regulations and the applicable compliance requirements relative to major federal programs.
- Select reporting requirements.
- Identify the audit and reporting requirements for program
- specific audits.
- Apply the types of guidance and requirements found in the Uniform Guidance, including cost principles for federal awards.
- Introduction to single audits
- Identifying federal assistance and determining major programs
- Understanding, assessing and testing internal control
- Testing compliance with federal statutes and regulations and applicable compliance requirements
- Auditor reporting in a Uniform Guidance compliance audit
- Program-specific audits
- Considerations related to implementing the Uniform Guidance requirements
Designed For: Auditors performing single audit engagements, internal financial staff of governments and not-for-profit entities interacting with auditors.
Prerequisite: Background of not-for-profit or governmental accounting and auditing
Note: Login instructions will be provided by the webcast vendor (AICPA).