Overview

Recent changes to the federal Single Audit requirements aim to enhance transparency, accountability, and compliance for entities receiving federal funds. This session will delve into key updates, including the increase in the threshold for audit requirements related to federal expenditures.

The discussion will highlight the more stringent documentation and reporting requirements, emphasizing internal controls and the accurate use of federal funds that are intended to reduce administrative burdens while ensuring robust oversight and effective use of taxpayer dollars. Entities must stay informed and adapt their practices to comply with these new standards.

Presenters

Branden Lopez, Partner, Assurance Services – Marcum

CPE Credits

Program Description Federal Single Audit Updates
Important Notice Regarding CPE:
Learning Objectives
  • Discuss key changes to the federal Single Audit requirements.
  • Outline changes to the threshold for audit requirements.
  • Deliver an overview on the changes to documentation and reporting requirements.
  • Identify the importance of internal controls in operations and impart an understanding on how to remain compliant with requirements.
Instruction Delivery Method Group Internet Based
Recommended CPE Credit 1 Credit
Recommended Field of Study Accounting (Government)
Prerequisites None
Program Level Basic
Advance Preparation None
Cancellation Policy You may cancel your registration at any time prior to the event.
Complaint Resolution Policy For more information regarding refund, concerns and program cancellation policies, please contact our offices at [email protected].

CPE-NASBA

Marcum LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.