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This last year has been one of the most challenging ever for single audits due to the significant influx of federal funding emerging from the COVID-10 pandemic. There will be many of the same types of challenges to address in the coming year. This session will provide an overview of what is happening in the single audit arena. You will learn about: COVID-19 funding nuances and related single audit implications; Key information in the OMB Compliance Supplement; The latest Uniform Guidance and single audit developments; News from the Governmental Audit Quality Center; and The single audit landscape looking forward
Learning Objectives:
Assess the impact of COVID-19 funding on single audits
Identify the nuances of the latest OMB Compliance Supplement
Speaker(s):
Kim
McCormick,
CPA,
Partner, Audit Services,
Grant Thornton
