33. Getting it Right! Major Programs Determination

Track: 
Yellow Book
Field of Study: 
Auditing (Governmental)
CPE Credit: 
1.5
Knowledge Level: 
Intermediate
Advanced Preparation: 
None
Prerequisite: 
Basic knowledge of not-for-profit operations, auditing, accounting and/or compliance requirements. General experience working in, or auditing, not-for-profits, including those NFPs audited under GAGAS.

Tuesday, June 19, 2018
 
1:00PM-2:15PM

We've been performing single audits under the Uniform Guidance now for a few years, but are you really comfortable with major program determination? In this session, we'll walk you through the key considerations of this critical part o the single audit process. In addition, we'll talk in depth about particular areas of this determination process that continue to challenge us all.

Learning Objectives:

  • Identify critical components of the major program determination process.
  • Analyze the more complex major program determination decision points, including loan and loan guarantees, low-risk Type A and high risk Type B assessments and low risk auditee determination.
  • Identify the more common issues that have caused major program failures in the past so your organization doesn't make the same mistakes.


SESSION SPEAKER(S)

CPA
Principal, Clark Nuber PS
CPA
Partner, Heinfeld, Meech & Co.