course

Introduction to Single Audit

(3)
4.666665
New Course
2 Hours (On-Demand)
2.0 CPE  

This is a Premium course and can either be enrolled by curriculum or by Premium Subscription

Single Audits are an area of focus for the AICPA's Enhancing Audit Quality Initiative. The Uniform Guidance provides very unique audit requirements when auditing federal funds.

This course looks into the unique performance and reporting requirements in Single Audits. Participants will have a basic understanding of internal controls over compliance, compliance requirements, how to use the Compliance Supplement, and the elements of a finding in a Single Audit.

Learning Objectives
  • Discover and describe the unique auditing requirements in the Uniform Guidance.
  • Explore and look into the unique performance and reporting requirements in Single Audits.
  • Identifying and understanding of internal controls over compliance, compliance requirements, how to use the Compliance Supplement, and the elements of a finding in a Single Audit.
Last updated/reviewed: May 16, 2022

Included In Certifications

This course is included in the following Certification Programs:

7 CoursesIntroductory Yellow Book Certification

  1. Introduction to Not-for-Profit Accounting
  2. Introduction to Governmental Accounting
  3. Introduction to Single Audit
  4. Introduction to Yellow Book
  5. 2021 Yellow Book Ethics
  6. Internal Controls Over Compliance vs. Compliance
  7. Internal Control Frameworks for Single Audit
Prerequisites
Course Complexity: Foundational

Who Should Attend: Practitioners new to governmental or nonprofit auditing.
No advanced preparation or prerequisites are required for this course.

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
  Course Overview CPE
Course Syllabus
INTRODUCTION AND OVERVIEW
  An Overview of an Introduction to Single Audit10:55
  The SEFA15:04
  Major Program Determination17:56
  Compliance Requirements13:32
  Audit Risk15:49
  Findings and Reporting Package13:04
  Elements of Findings4:08
  SFQC9:18
CONTINUOUS PLAY
  Introduction to Single Audit1:39:46
SUPPORTING MATERIAL
  Slides: Introduction to Single AuditPDF
  Introduction to Single Audit Glossary/ IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam