Description

This session is intended to provide attendees with key insights, tips, and best practices on the latest updates to the Data Collection Form (DCF) and related instructions issued by the Federal Audit Clearinghouse (FAC). Participants will learn important information on the following:

• Changes and updates to the DCF.
  
• Best practices for auditees and auditors relating to completing, reviewing and submitting the DCF.
  
• How an auditor can use the FAC database for monitoring single audit quality.

Learning Objectives:

• Identify changes and updates to the DCF.
• Choose from various tips and best practices for completion and submission of the DCF to avoid common errors.
• Apply information from the session to your questions about the new form and have them answered.

Speaker(s):

• Teresa Bordeaux, CPA, CGMA, Senior Manager — Governmental Accounting & Auditing — Public Accounting, AICPA
• John R. Good, CPA, Managing Director, Ernst & Young