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2025 Compliance Supplement and Single Audit Update (GAQC)
Webcast

2025 Compliance Supplement and Single Audit Update (GAQC)

Discover the latest updates to the Compliance Supplement for single audits by the Office of Management and Budget and 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

2

Instructor

Jennifer Mishner Katz, Angie M Hillestad

Availability

3 months

Product Number

WC4726876D

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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) updates the Compliance Supplement, which outlines auditors' responsibilities regarding federal program audits.

This Governmental Audit Quality Center Web event will offer insights into recent single audit updates and the 2025 OMB Compliance Supplement.

Key discussion points include:

  • Updates on key changes to the 2025 OMB Compliance Supplement
  • Updates on federal single audit initiatives
  • Other pertinent developments
  • Insights from practitioners specializing in the field

Key Topics

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

Learning Outcomes

  • Analyze key changes in the 2025 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 understanding 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
Yellow Book Hours
2
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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Start order

6+ registrants

We can help with group discounts. Email client.support@aicpa-cima.com
US customers call 1-800-634-6780 (option 1)

Contact us
Speakers
Jennifer Mishner Katz
CPA
Jen has more than 19 years of experience serving significant nonprofit, higher education and governmental entities. She is well-versed in the requirements of the Uniform Guidance, Financial Accounting Standards Board pronouncements, Governmental Accounting Standards Board pronouncements and Government Auditing Standards. Jen is part of RSM’s National Professional Standards Group within the Office of Risk Management for the state and local government, higher education and nonprofit industries (the public sector practice). She is also part of RSM’s national training committee and helps prepare and facilitate training courses for the employees in the firm’s public sector practice. Jen previously served as the public sector team captain for RSM’s internal inspection program and as a liaison between our Office of Risk Management and the national nonprofit, education and state and local government industry teams. Prior to joining RSM US LLP, she was a senior manager at a Big Four firm where she served in a management development position for the nonprofit and state and local government groups. This role included researching and evaluating the impact of new accounting pronouncements and providing technical training.
Angie M Hillestad
CPA, CGMA
Angie has over 17 years of experience in public accounting serving a variety of industries, with a focus on not-for-profit organizations and single audits. She provides audit services to clients as a partner in Eide Bailly LLP's Sioux Falls, SD office. Angie is also a member of Eide Bailly LLP's National Assurance Office. In that role, she is responsible for providing technical and implementation assistance, quality control oversight, process and practice standardization, and training to the Firm's assurance personnel. Angie has a Master of Professional Accountancy from the University of South Dakota and holds a Certified Public Accountant designation. She is a member of the American Institute of Certified Public Accountants, the South Dakota CPA Society, the PCPS Technical Issues Committee, and the Government Audit Quality Center Executive Committee.
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