
An Audit Primer for Auditors of For-Profit Entities Receiving HHS Provider Relief Funds
This GAQC webcast provides auditors and for-profit healthcare entities information on federal audit requirements for entities receiving Provider Relief Funds, including HHS audit requirements, audit standards to follow, best practice tips, and resources.
Format
Webcast
NASBA Field of Study
Auditing (Governmental)
Level
Intermediate
CPE Credits
2
Instructor
Daron Tarlton, Amanda Ward
Availability
3 months
Product Number
WC2769548
The U.S. Department of Health and Human Services funds audit requirements and standards
The COVID-19 pandemic has resulted in influx of federal funding from the U.S. Department of Health and Human Services (HHS) to for-profit hospitals and other for-profit healthcare providers. Many of these entities are required to undergo an audit of HHS funds. If you audit for-profit entities that have become subject to these audit requirements, you are likely in need of a primer on what is involved.
This session will walk participants through the following:
- The types of for-profit entities subject to the HHS audit rules
- What the HHS audit requirements involve, including the auditing standards to be followed
- Other audit performance considerations
- Best practices, tips, and resources
While this session is primarily intended for auditors, for-profit auditees may benefit from attending to learn more about what their auditors will be looking at.
Important Note: This session will focus only on for-profit audit considerations and not the relevant considerations for audits of governmental and not-for-profit healthcare entities.
Government Audit Quality Center (GAQC) members save 20%: Login here to obtain the discount code.
- Auditors of for-profit healthcare entities
- Provider Relief Funds
- HHS
- Yellow Book
- Federal Audit Requirements
- Healthcare
- Use resources and tools available from the GAQC and AICPA
- Apply best practices and tips for HHS audits
- Distinguish additional requirements for Yellow Book audits
- Determine the for-profit HHS audit requirements
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