Yellow Book Independence and Single Audit Fundamentals Webinar

Identify the conceptual framework for making independence determinations and independence threats related to financial statement preparation. Specify non-audit services that would impair independence. Learn what a single audit entails. Understand the basic requirements in a Uniform Guidance compliance audit. Explore Generally Accepted Government Auditing Standards changes resulting from COVID-19.
Highlights
Documentation necessary to support adequate consideration of auditor consideration Fundamentals of a compliance audit performed under the Uniform Guidance Schedule of expenditure of federal awards Determination of major programs Using the Compliance Supplement Uniform Guidance administrative requirements and cost principles Testing internal control over compliance Writing an audit finding Reporting requirements of a single audit COVID-19 changes