Step by Step... Single Audits are the best! Performing Single Audit in Compliance with the Uniform Guidance

Overview of the purpose and requirements of the Uniform Guidance including auditor's qualification. Single Audit planning requirements under the Uniform Guidance. Mayor program determination. Requirements for understanding the entity and its environment. Risk assessment process and determination of applicable direct and material compliance requirements, tests of controls and compliance testing. Considerations on direct costs.

Warming up - Planning your Single Audit

Requirements to perform a Single Audit in compliance with the Uniform Guidance. Identifying federal funds and applicable requirements.

Objectives: Upon completion of this course participants should be able to:

1. Identify if a Single Audit applies to the engagement.
2. Properly plan and consider internal controls and risk assessment for performing a Single Audit.
3. Identify federal funds and applicable requirements.

"Instructional Delivery Method": Group live

CPE Credits: 6

P. R. Field of Study: Accounting & Auditing

"NASBA Field of Study":  Auditing (Governmental) - Technical 

Pre-requisite:

1. Basic knowledge of governmental accounting and auditing.
2. Basic knowledge of Single Audit.
3. Overall knowledge of the Compliance Supplement.

Advance Preparation: None

Level: Intermediate 

Date: June 28, 2024

Registration: 8:30am - 9:00am                    Seminar: 9:00am - 4:00pm

Instructor: Soane Díaz Burgos, CPA, CGMA, Manager, CPA Díaz-Martínez, PSC

Place: Colegio de CPA, Edif. Capital Center I, PH-2, Hato Rey

Materials: This course will be paperless and the materials will be distributed electronically. Download them through "Mi Perfil → Registros de Eventos → Selecciona Evento → Tab Materiales", on the Colegio's website. After the date of the event download them through "Mi Perfil → Registros de Eventos → Registros Corrientes → Historial → Selecciona Evento → Tab Materiales". Electronic devices may be brought to the classroom to access the downloaded materials. We reserve the right to admission.

Electronic evaluation: Once you have registered your entry to this educational activity, you can quickly and easily access and complete the evaluation through "Mi Perfil". On our website "Home" page you will find detailed instructions for completing the form.

Notice: The Colegio de CPA reserves the right to substitute instructors and suspend a course due to insufficient enrollment or other causes beyond our control. We reserve the right to refuse admission. Space is limited. Registration is subject to the available slots. The tuition price for CPA applies to those who at the time of registration do not owe debts to the Colegio.