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AICPA National Governmental Accounting and Auditing Update Conference East 2014


The Effect of the Uniform Grant Guidance on Audits of Federal Grant Recipients


Aug 11, 2014 1:15pm ‐ Aug 11, 2014 2:30pm

Standard: $49.00

Description

OMB has issued the long-awaited grant reform changes to Circular A-133 and other related circulars, and the new audit requirements contained therein will be effective for single audits with fiscal years ending on or after December 26, 2014. While you may think there is plenty of time to learn about these new requirements, getting started early will be key to ensuring you and your staff are ready. In this session, the presenters will help you understand:
• The effective date of the requirements that will affect your clients vs. the effective date of the auditor requirements
• Changes to the various audit and other key thresholds
• How the major program determination process will change
• Other auditor responsibility changes
• How to get answers to your questions about the new audit requirements

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