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