Based on an AICPA Enhancing Audit Quality study, 23% of all single audits subject to enhanced oversight were materially non-conforming with professional standards due to failure to properly test controls over compliance. This course provides an overview of internal controls over compliance specifically related to Single Audits. We discuss how to apply the concept of internal controls to various compliance requirements. Additionally, a common finding in the audits of governmental entities receiving federal grants is the misidentification of controls and mistaking compliance for a control. That's why this course also focuses on identifying compliance versus controls over compliance.

Who Should Attend: Ideal for accountants in public practice who perform Single Audits.