Governmental Accounting and Auditing Update Conference 2018

GAE1831 - Common Misconceptions in Deficiencies with Single Audits (EAQ session)

Aug 14, 2018 4:00pm ‐ Aug 14, 2018 5:15pm

Standard: $49.00

Description

The AICPA Peer Review Program’s recent study of single audit quality gives insight into the types of problems found and what factors correlated to higher-quality single audits. If your firm or state audit organization (SAO) conducts single audits, you should take advantage of this opportunity to learn more about the types of problems found and what factors led to the highest quality single audits. 

Specific topics to be discussed include: 

• The single audit quality factors that correlated to quality; 
• Common misconceptions and areas of non-conformity identified; and 
• Steps firms and SAOs can take to strengthen their single audit quality

After this session attendees will be able to:

-Identify factors that correlate to single audit quality 
-Analyze insights into the most common areas of non-conformity found in the single audits studied.

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