33. Getting it Right! Major Programs Determination

Yellow Book
Field of Study: 
Auditing (Governmental)
CPE Credit: 
Knowledge Level: 
Advanced Preparation: 
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

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.