Description

This session will explore the steps necessary to take to determine if an exception is a finding. We will also explore how to properly classify, report, and communicate findings in accordance with the regulatory requirements. 

The session will cover:

• An update on evaluating and reporting audit findings
• How, and if, to modify the audit strategy if a finding is identified
• The required reporting elements of a findings under GAGAS and the Uniform Guidance

Learning Objectives:

• Use provided guidance to evaluate results of internal control over compliance and compliance testing.
• Determine the reporting requirements of a single audit.
• Use provided best practices to evaluate and report findings in a single audit.

Speaker(s):

• Amanda Ward, CPA, Partner, Plante & Moran, PLLC
• Carolyn Warger, CPA, Experienced Audit Manager, Grant Thornton LLP