Who should attend
Recipients and subrecipients subject to Federal audit requirements, Federal and pass-through personnel responsible for audit resolution and monitoring recipient compliance with Single Audit requirements, and auditors will benefit from this course.
About the course
Auditors, funders, and recipients need to understand how well Federal grants are managed and perform. Audits provide a mechanism for monitoring grants, ensuring that recipients meet financial and performance goals, and correct issues. You will build foundational knowledge of the audit process, and examine several audit types, including the Single Audit. You will also examine roles, responsibilities, and relationships of all those involved in audits, as well as a comprehensive view of all parties’ perspectives. This is an elective course in all tracks of the GMCP™.
- Identify audit requirements that impact Federal assistance awards
- Prepare for a single audit
- Trace the auditor's steps in conducting a single audit, and locate key information audit reporting packages
- Review an audit report to identify and resolve findings
Federal Assistance Agreement Audits
- Audits of Federal Grants, Cooperative Agreements, and Fixed Amount Awards
- Audit Cognizance/Oversight
- Audit Requirements and Resources
- Using the Compliance Supplement
Audit Readiness and Auditor Procurement
- General Audit Readiness
- Auditor Procurement
- Preparing for an Impending Audit
Planning, Conducting, and Reporting on Audits
- What the Auditor Does During the Single Audit
- Audit Results, Common Audit Findings, and How to Correct Them
- Single Audit Reporting Packages and Submission Procedures
- Governmentwide Audit Database
Review of Audit Reports, Follow Up, and Resolution
- Federal Agency Review of Audits
- Performance Audit Reports
- Audit Resolution
Because of COVID-19, many providers are cancelling or postponing in-person programs or providing online participation options.
We are happy to help you find a suitable online alternative.