Event Detail

Sep
20
Friday
Sep
20
Fri
Industries :: Business & Professional Services also Legal & HR :: Professional Development
Compliance Auditing: Questions from the Field
8:00 AM
Hilton Garden Inn Billings
Description:
Event Details
Friday, September 20, 2019
8:00am – 4:00pm
(Registration: 7:30am)

Description

Compliance auditing is a significant risk area for firms. We are now in the year where engagements will be selected for testing in the OMB mandated quality study. Additionally, the GAO issued its update of Government Auditing Standards in the summer of 2018. This course will discuss those changes as well as new questions and answers that have been recently been included in the Uniform Guidance FAQ document, changes that will be made to the data collection form for 2019–2021 and changes that the OMB made to its method for updating the compliance supplement.

This course will provide an update on the changes to the Uniform Guidance, help participants avoid recurring common failures in audits under Government Auditing Standards and the Uniform Guidance, provide the latest changes in professional literature impacting compliance auditing and help participants understand the latest changes in Government Auditing Standards.

Highlights

Major subjects covered will include:

Changes in the cost, administrative and audit requirements
Frequently identified issues in compliance audits related to documentation
Multipurpose testing, design of compliance and internal control tests
Sampling applications, reporting findings
Schedule of federal awards
Identifying major programs

Questions have been included to help the practitioner understand the changes in the Yellow Book which was issued in 2018.

Objectives

Participants will be able to:

Identify areas for improvements in their Government Auditing Standards (GAS) and single audits.
Implement changes to audits as a result of changes to professional standards, including the OMB’s Uniform Guidance.

Designed For

Audit practitioners working on nonprofit and/or public sector clients who need audits performed in accordance with the Yellow Book and the Uniform Guidance. Accountants in nonprofit or government organizations that need a single audit.
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Age Group: All Ages
Tags: # BILLINGS
Venue: Hilton Garden Inn Billings
Address: 2465 Grant Rd, Billings, MT 59102
Phone: (406) 655-8800

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