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The last year has been one of the more challenging ever for single audits due to the significant influx of federal funding resulting from the COVID-19 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.
Learning Objectives:
Identify key information in the 2022 OMB Compliance Supplement
Identify COVID-19 funding updates and related single audit implications
Identify news from the AICPA Governmental Audit Quality Center
Identify the single audit landscape looking forward
Speaker(s):
Mary
Foelster,
CPA, CGMA,
Senior Director, Governmental Auditing and Accounting,
AICPA
Kim
McCormick,
CPA,
Partner, Audit Services,
Grant Thornton
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