Single audits have become more complex over the past few years for both auditors and auditees because of the volume of new and unusual pandemic programs, lack of initial guidance from federal funders, as well as continuously changing compliance requirements, new regulations, and late and changing audit guidance.
Listen to this short video to hear three key takeaways regarding single audit quality for new and experienced auditors, as well as the importance of auditees also having an audit quality focus. In addition, access more in-depth auditor and auditee resources from the AICPA Governmental Audit Quality Center at aicpa.org/gaqc.