Government Auditing Standards and Single Audits

The new Uniform Guidance requirements have introduced extensive revisions to single audit engagements that affect the entire audit process, from the engagement letter to reporting on the single audit. Changes have also been made to federal agency requirements, administrative requirements, cost princ...

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Bibliographic Details
Format: Manuscript Book
Language:English
Published: New York, NY American Institute of Certified Public Accountants 2016
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Online Access:Click Here to View Status and Holdings.
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504 # # |a Includes bibliographical references and index 
520 # # |a The new Uniform Guidance requirements have introduced extensive revisions to single audit engagements that affect the entire audit process, from the engagement letter to reporting on the single audit. Changes have also been made to federal agency requirements, administrative requirements, cost principles to which federal awards are subject, and more. Navigating these changes will require vigilance throughout the entire process in order to ensure that your engagements are compliant. This guide will assist you with understanding these significant revisions and correctly applying them in your single audit engagements. It also provides nonfederal entities receiving federal awards with important information on implementing the Uniform Guidance. 
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