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AICPA Not-for-Profit Industry Conference 2020

NOT2034 - Moving the Needle on Single Audit Quality: Part I

Jun 23, 2020 2:30pm ‐ Jun 23, 2020 3:20pm

Standard: $49.00


Single audits, as conducted by CPAs, are constantly being reviewed by peer reviewers and regulators. The results of these reviews still indicate a high rate of quality issues in the compliance audit sections, such as, poor documentation, sampling errors, incorrect major-program-determination, etc. The impact to the COVID-19 pandemic is also causing challenges for auditors in their ability to fully execute audit procedures. This session will provide a forum to discuss these common audit quality issues and how to avoid them in the performance of your future single audits. The session will also cover the challenges to audit quality due to COVID-19 and will discuss strategies on how to following the applicable standards in this environment.

Learning Objectives:
  • Learn and understand the factors that lead to deficient single audits
  • Develop the skills and understanding on how to perform single audits in line with Uniform Guidance and applicable auditing standards


Category: Concurrent Session (Online)

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