0      0

AICPA Not-for-Profit Industry Conference 2021

NOT2140 - SEFA Accuracy and Completeness: Refresh

Jun 8, 2021 4:05pm ‐ Jun 8, 2021 5:20pm

Standard: $49.00


Ensuring that the SEFA is accurate and complete is a crucial part of complying with the Uniform Guidance audit requirements, including determining whether a Single Audit is required or not.  Changes to existing federal program funding and new funding opportunities that emerged as a result of COVID-19 introduce new challenges to getting this right.  This session will cover a short refresher on the basics, as well as additional necessary considerations resulting from expanded federal funding, that organizations receiving federal funding and auditors should be aware of related to SEFA reporting.

Learning Objectives:
  • Describe the requirements of SEFA reporting, including recognizing those stemming from COVID-19 funding
  • Apply knowledge gained to auditing the SEFA
  • Discover common SEFA issues identified during Uniform Guidance audits
  • Identify tools and resources available to assist in confirming that the SEFA is accurate and complete


  • Sadie Mayle, CPA, AICPA Certified Advanced Single Audit Specialist, Senior Manager, Plante Moran
  • Ms. Rachel M. Stushek, CPA, Professional Practice Director, Grant Thornton LLP
Tags: Yellow Book

You must be logged in and own this session in order to post comments.