The numerous federal government relief programs created in response to the COVID-19 pandemic have created a huge increase in the volume of work needed from CPA practitioners who perform single audits. These engagements provide assurance to the government and the public that these funds were spent in compliance with federal program rules.
The trillions of dollars associated with federal COVID-19 relief funding put a lot more taxpayer funds into the economy. CPAs who perform single audits follow specialized guidance designed