In Part 2 of the Single Audit Fundamentals Series, we will walk you through the major program determination process to help beginners understand this critical part of performing a single audit.
DESIGNED FOR
Auditors of nonprofits and state and local governments subject to single audits
BENEFITS
•Determine major federal programs
•Identify considerations prior to major Program determination
•Identify the risk-based approach for determining major programs under Uniform guidance
HIGHLIGHTS
•Considerations prior to major program determination
•Applying the risk-based approach for determining major programs under the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards at 2 CFR 200 (UG or Uniform Guidance)
•Communications with cognizant or oversight agency for audit
COURSE LEVEL
Basic
PREREQUISITES
none