- NY Credits : 8.0
- TX Credits : 8.0
This interactive self-study course provides an introduction and overview to single audits. Lesson 1 describes the background of single audits and then summarizes the single audit process. Lesson 2 takes a more comprehensive look at compliance auditing and reporting as a part of a single audit engagement.
Course Expiration Date: November 30, 2021
Please note, the grading fee for answer sheets submitted by regular mail is $109.
Define single audits.
Identify key terms related to compliance auditing, basic steps in a compliance audit, and the roles of federal and pass-through agencies related to single audits.
Identify the applicability of a single audit, the objectives, components, significant procedures, and other responsibilities and requirements.
Identify the authoritative guidance and standards that apply to single audits.
Identify compliance requirements and the auditor’s responsibility for laws, regulations, and other matters.
Assess issues related to auditing compliance requirements, testing requirements, questioned costs, and reporting on compliance.
Lesson 1—The History of Single Audits and the Single Audit Process
Lesson 2—Compliance Auditing