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There continues to be a lot of interest and discussion surrounding single audits and other compliance audit requirements. Further, the AICPA Governmental Audit Quality Center (GAQC) continues to be active in this area. The presenters for this session, the current chairman of the GAQC Executive Committee and a former GAQC EC member, will fill you in the following:
The latest on the auditing standards that apply to compliance audits
The 2012 Compliance Supplement
The status of federal agency efforts to revise the single audit rules
A high-level briefing of activity of federal agencies that have compliance audit requirements outside of the single audit
Matters the GAQC has been working on
Speaker(s):
Kim
McCormick,
CPA,
Partner, Audit Services,
Grant Thornton