2024 Compliance Supplement and Single Audit Update

Government

Webcast

2024 Compliance Supplement and Single Audit Update

Discover the latest updates to the Compliance Supplement for single audits by the Office of Management and Budget, as well as other noteworthy developments.

Do you have an AICPA or CIMA membership? Log in to apply your member discount.

Format

Webcast

NASBA Field of Study

Auditing (Governmental)

Level

Intermediate

CPE Credits

Instructor

Susan Eickhoff, Blaine Jasper, Hope Pendergrass

Availability

3 months

Product Number

WC4488096

View

Business & partner

Product Details

U.S. Office of Management and Budget update

Staying informed about the latest developments in the single audit realm is crucial for conducting high-quality single audits.

Every year, the U.S. Office of Management and Budget (OMB) revises the Compliance Supplement, which outlines auditors' responsibilities regarding federal program audits.

This Governmental Audit Quality Center webinar will offer insights into recent single audit updates and revisions to the Compliance Supplement.

Key discussion points include:

Significant modifications to the Compliance Supplement
Updates on federal single audit initiatives
Other pertinent developments
Insights from practitioners specializing in the field

The June 13, 2024 webcast is live. All other dates are rebroadcasts of that event.

Key Topics

Single audit
State and local government
School district
Not-for-profit
Yellow Book

Learning Outcomes

Analyze key changes in the 2024 OMB Compliance Supplement.
Determine the continued impact of COVID-19 and IIJA funding on single audits.
Analyze other federal single audit activities and developments affecting single audits.
Apply best practice tips to help achieve higher single audit quality.

Who Will Benefit

Auditors of not-for-profits
Auditors of state and local governments
Auditors performing single audits

More Details

NASBA Field of Study

Auditing (Governmental)

Level

Intermediate

Prerequisites

Basic knowledge of single audits

Access

This is a digital product. With full paid access the content will be available to you for 3 months after purchase date.

Duration

2 hrs

Pricing

Do you have an AICPA or CIMA membership? Log in to apply your member discount.

Group ordering for your team

2 to 5 registrants

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6+ registrants

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US customers call 1-800-634-6780 (option 1)

Speakers

Susan Eickhoff

CPA

Susan Eickhoff currently serves as a partner at KPMG LLP. She has extensive experience serving higher education, government, and not-for-profits for over 25 years. She is highly passionate about Uniform Guidance audits. She is a member of the Missouri Society of CPAs and the American Institute of Certified Public Accountants. She serves on the Board of Trustees, Audit Committee and Personnel Committee of the Saint Louis Symphony Orchestra and on the Southern Illinois University School of Business Advisory Board. Ms. Eickhoff holds a Bachelor of Science in accountancy from Southern Illinois University – Edwardsville.

Blaine Jasper

CPA

Blaine is a principal in Baker Tilly’s national office, serving as the technical leader for the federal and state compliance practice and is a subject-matter expert in Uniform Guidance (UG), single audit compliance and Government Auditing Standards. Blaine has more than a decade of experience serving clients across the public sector, financial services, higher education, and health care industries. As the firm’s compliance practice leader, Blaine partners with teams to bring expertise and practical solutions to address complex technical issues and is responsible for developing tools, templates, and audit methodology. He is a current member of the AICPA Government Audit Quality Center’s Executive Committee and frequently delivers training on topics including audit and accounting standards, internal controls, Yellow Book compliance and the UG to internal and external audiences.

Hope Pendergrass

CPA

Hope Pendergrass is a partner and a certified public accountant with Mauldin & Jenkins, serving as M&J’s lead compliance audit technical partner. She graduated from Wesleyan College in 2003 with a Bachelor of Arts in Business Administration with a concentration in Accounting. She has over 19 years of experience in public accounting, all spent serving state and local governments. Hope holds the AICPA Advanced Single Audit Certificate after passing the AICPA Advanced Single Audit Exam, and most recently, she was appointed to the Executive Committee of the Governmental Audit Quality Center at the AICPA.

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2024 Compliance Supplement and Single Audit Update

U.S. Office of Management and Budget update

Key Topics

Learning Outcomes

Who Will Benefit

Ratings and reviews

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