NOT2105. Single Audit Update

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. You will learn about: 

COVID-19 funding nuances and related single audit implications;

Key information in the OMB Compliance Supplement;

The latest Uniform Guidance and single audit developments; 

News from the Governmental Audit Quality Center; and 

The single audit landscape looking forward.

Learning Objectives:

• Learn about the impact of COVID-19 funding on single audits
• Learn about what the latest OMB Compliance Supplement includes
• Learn about the latest Uniform Guidance and other single audit developments.