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The world of single audits is more challenging than ever due to the historic amounts of federal funding that have been provided in response to the COVID-19 pandemic. Now is the time to make sure you are up-to-date as there are new programs, changing rules, and things are moving quickly. This session will help you understand the following: Key aspects of the 2021 Compliance Supplement; COVID-19 implications; and other single audit developments.
Learning Objectives:
Distinguish key developments in single audits
Recognize how COVID-19 funding impacts your audits
Identify new COVID-19 programs and related challenges
Speaker(s):
Kim
McCormick,
CPA,
Partner, Audit Services,
Grant Thornton
​Speaker - Virtual(s):
Mary
Foelster,
CPA, CGMA,
Senior Director, Governmental Auditing and Accounting,
AICPA