Government Auditing Standards and Single Audits - Audit Guide
Understand the auditor's responsibilities when conducting a financial audit in accordance with Government Auditing Standards, and a single audit or program-specific audit in accordance with the Single Audit Act and Uniform Guidance.
Format
Subscription
Availability
1 year
Product Number
WRFXX12
This guide is also available in a print edition.
In collaboration with Mimeo, this guide is available via print-on-demand. You’ll be passed onto the Mimeo website to complete your transaction. If you have questions about the Mimeo website or your order, email help@marketplace.mimeo.com or call (901) 566-8900.
To purchase the ebook version of this guide, go here.
Need assistance in understanding and applying Government Auditing Standards, the provisions of the Single Audit Act, or the Uniform Guidance (2 CFR Part 200)?
Part I of this guide provides guidance on the auditor’s responsibilities when conducting financial audits in accordance with Government Auditing Standards. Part II provides guidance on the auditor’s responsibilities when conducting single audits and program-specific audits of states, local governments, and not-for-profit entities that receive federal awards in accordance with the Single Audit Act Amendments of 1996 and the Uniform Guidance.
The 2025 edition has been updated for the 2024 revisions to Government Auditing Standards and the Uniform Guidance, among other matters. It also includes a reorganized, expanded, and improved part II of the guide that has been added as a nonauthoritative appendix. Enhanced content includes guidance on:
- Identifying the risks of material noncompliance.
- Understanding the auditee’s system of internal control, including those components of internal control that may be considered at the entity-wide level versus those components that are generally considered at the major program level.
- Sampling in a Uniform Guidance compliance audit.
- Evaluating the sufficiency and appropriateness of audit evidence and the effect of instances of noncompliance on the auditor’s report on compliance.
Who Will Benefit
- Auditors performing audits of financial statements in accordance with Government Auditing Standards
- Auditors performing single audits or program-specific audits in accordance with the Single Audit Act and the Uniform Guidance
- Management of nonfederal entities that receive federal awards
Key Topics
- Understand the complexities of Government Auditing Standards.
- Identify the requirements for performing a Uniform Guidance compliance audit.
- Properly report on a single audit using the illustrative auditor’s reports for both the financial statement audit performed under Government Auditing Standards and the compliance audit performed under the Uniform Guidance.
Group ordering for your team
2 to 5 registrants
Save time with our group order form. We’ll send a consolidated invoice to keep your learning expenses organized.
Start order6+ registrants
We can help with group discounts. Email client.support@aicpa-cima.com
US customers call 1-800-634-6780 (option 1)
The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association's website, educational materials, products, and services. The Association is committed to making professional learning accessible to all. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. For accommodation requests, please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.