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GOV2436
SAS 145 for single audit
Date
October 30, 2024
$49
Standard Price
This product is also available as part of the following products:
This includes sessions from the conference: 2024 AICPA & CIMA Governmental and Not-for-Profit Training Program
SAS No. 145 does not fundamentally change the key concepts underpinning audit risk. Rather, it clarifies and enhances certain aspects of the identification and assessment of the risks of material misstatement to drive better risk assessments and, therefore, enhance your audit quality. This session will address the common challenges encountered during risk assessments for single audits in alignment with SAS No. 145.
Learning Objectives
- Differentiate between SAS Nos. 145 and 148 and determine how SAS No. 148 applies to a Uniform Guidance Audit.
- Identify the nuances of assessing the risk of material noncompliance and inherent risk.
- Distinguish between "direct and material” assessments and risk of material noncompliance.
Speakers
Partner, Forvis Mazars
Partner, KPMG
General
Session Categories
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