Mandy Nelson

Partner, KPMG LLP

Mandy is a partner in KPMG's Department of Professional Practice and in her role issues guidance to KPMG offices on not-for-profit accounting, performing audits under Government Auditing Standards, and performing Single Audits. She serves as KPMG's liaison to federal agencies on Single Audit issues and other compliance audits for federal agencies. Mandy currently serves on and was the first chairman of the executive committee of the AICPA's Governmental Audit Quality Center (GAQC). She is reviewer of the annual OMB Compliance Supplement and serves on many informal task forces developing clarifications. Mandy is a former member of and the past chairman of the AICPA Expert Panel for not-for-profit organizations. During her time as chairman she oversaw the 2013 revision of the AICPA Audit and Accounting Guide, Not-for-Profit Organizations. Mandy is a member of GAO's Yellow Book Advisory Council. The Advisory Council reviews Government Auditing Standards and recommends necessary changes. Mandy is also a Board member of the Association of International Certified Accountants (AICPA).


This session will provide the status of the GAO's update to Government Auditing Standards.

Learning Objectives:

  • Recall the status of the updates to the Yellow Book and effective More

This session will provide an overview of what is happening in the single audit arena. You will learn about the: 2018 OMB Compliance Supplement; Latest Uniform Guidance lessons learned and OMB More