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Single audits continue to be a hot topic for governments. 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 updates in the 2023 Compliance Supplement, resources to help you complete your single audit and discuss nuances in federal funding.
Learning Objectives:
Identify key information in the 2023 OMB Compliance Supplement
Identify the latest federal funding nuances and related single audit implications
Recognize news from the AICPA Governmental Audit Quality Center
Identify single audit developments and the single audit landscape looking forward