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Single audits continue to be a hot topic for not-for-profits. Federal funding subject to single audit continues at historic levels and, while winding down, COVID-19 funding continues to be subject to audit for many entities. This session will cover the following important topics:
Learning Objectives:
Recognize Key Information in the 2023 OMB Compliance Supplement
Recall how to access GAQC/AICPA Resources
Determine Federal funding nuances and implications
Identify Single Audit updates and reminders
Recognize Key Information in the 2023 OMB Compliance Supplement
Speaker(s):
Mary
Foelster,
CPA, CGMA,
Senior Director, Governmental Auditing and Accounting,
AICPA
Kim
McCormick,
CPA,
Partner, Audit Services,
Grant Thornton