NOT1935. Common Single Audit Findings & Exceptions

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 11, 2019
 
1:25PM-2:40PM

Detailed review of the steps necessary once an exception or deviation has been identified in testing. The proper classification, reporting and communication as possibly a finding in accordance with professional standards and Uniform Guidance will be discussed. Updates to the planned audit strategy and other possible audit implications will be considered.

Learning Objectives:

  • Identify and review common single audit findings.
  • Determine how to evalute, classify, document and report single audit findings.
  • Assess how to avoid common reporting errors when encountering single audit findings.


SESSION SPEAKER(S)

CPA
Audit Director | BDO USA, LLP
CPA
Partner | Heinfeld, Meech & Co., P.C.