Internal Controls Over Compliance vs. Compliance
Based on an AICPA Enhancing Audit Quality study, 23% of all single audits subject to enhanced oversight were materially non-conforming with professional standards due to failure to properly test controls over compliance.
This course will provide an overview of internal controls over compliance specifically related to Single Audits. We will discuss how to apply the concept of internal controls to various compliance requirements. Additionally, a common finding in the audits of governmental entities receiving federal grants is misidentifying controls and mistaking compliance for a control. That's why this course will also focus on identifying compliance versus controls over compliance.
Major subjects
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Internal Controls Over Compliance
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Compliance
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Single Audits
Learning objectives
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Properly document internal controls over compliance in conformity with the Uniform Guidance
-
Compare ICFR with ICOC
Who should take this program?
Pricing
Standard Member Fee |
$39.00
|
Standard Nonmember Fee |
$39.00
|
Our records indicate
you are a
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If you register, you will be charged
$39.00
(Standard Nonmember Fee).
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Instructor
Melisa Galasso, CPA, CGMA, CSP, CPTD
Location
Online
Area
of study
Accounting & audit
Field(s)
of study
Auditing (Governmental) - Technical (1.0)
Level
Intermediate
Format
Group Internet Based
Sponsor
NASBA ID#: 107810
Prerequisites
Prereq.
Prior experience with Single Audits
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business
days before the event start date.
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