AICPA Governmental and Not-for-Profit Training Program 2014

The New Uniform Grant Guidance: Future Impact on the Single Audit Process (Repeated in Session 24)

Oct 20, 2014 12:10pm ‐ Oct 20, 2014 1:50pm

Standard: $ 29.00

Overview
Comments

The single audit requirements contained in the new OMB Uniform Grant Guidance will be effective for December 31, 2015, year-end audits. It is not too soon to be contemplating what these new requirements mean to your audits! This session will fill you in on the following:

Revised audit and major program thresholds
The new major program determination process
Key changes in other areas such as findings, audit follow-up, submissions to the Clearinghouse, future format of the Compliance Supplement and more
Implementing guidance issued by the Council on Financial Assistance Reform and other common questions

Speaker(s):

Heather Acker, CPA, Partner, Baker Tilly Virchow Krause,LLP
Terry Ramsey, CPA, Senior Technical Advisor, U.S. Dept. of Health and Human Services

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