Single Audit Primer (Currently Unavailable)

Author: Leita Hart-Fanta

This course will help you manage the complexity of a Single Audit and give you the tools you need to perform these audits more effectively and efficiently. Single Audits are different. The federal government demands a lot of a grantee and their auditor. In this course, we will cover the audit requirements that exceed AICPA standards in the GAO's Yellow Book and A-133.

Number of Pages: 89

Publication Date: September 2013

Designed For
Auditors and monitors

Topics Covered

• Single Audits are Different
• Difference #1: The Single Audit is Three Audits in One
• Difference #2: Three Layers of Standards and Requirements
• Difference #3: Levels of Materiality
• Difference #4: A Litany of Criteria and Defining Documents
• Difference #5: Control Work Always!
• A Chat about ARRA

Learning Objectives

• Distinguish the differences between important standard setting bodies.
• Identify the three subjects of a Single Audit.
• Recognize the significant requirements of the Yellow Book.
• Distinguish between fraud, abuse, and noncompliance.

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Auditing (Governmental) (4 hours)

Program Prerequisites
None

Advance Preparation
None