Part 3 of this single audit fundamentals series focuses on the execution portion of a single audit engagement including a discussion of the types of compliance requirements and internal control over compliance.
DESIGNED FOR
Auditors of nonprofits and state and local governments subject to single audits
BENEFITS
•understanding, assessing, and testing internal control over Compliance •testing Compliance with federal statutes and regulations and Compliance Requirements subject to audit
HIGHLIGHTS
*Determine the Requirements of the Single audit as it relates to understanding internal control *assessing the level of control Risk, and testing the effectiveness of internal control relative to federal awards *Identify the Single audit Requirements for testing the direct and material Compliance Requirements for major programs
COURSE LEVEL
Basic
PREREQUISITES
none