This session will provide two perspectives on what is happening in the world of single audits. First, you will hear from a representative of OMB who will be discussing the latest from the federal agency perspectives. Then you will hear from a representative of the AICPA who works closely with the activities of the Governmental Audit Quality Center who will come at the topic from more of a practitioner perspective.
Topics to be discussed include:
The latest on potential changes to single audit rules, cost principles, and administrative requirements;
The 2012 OMB Compliance Supplement;
Items of relevance from the auditing standards perspective; and
The latest tools and resources to assist practitioners in performing single audits.
Senior Director, Governmental Accounting and Auditing,
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