This comprehensive AICPA Governmental Audit Quality Center (GAQC) practice aid provides frequently asked questions, illustrative schedules, notes, and auditor reports to assist auditors of for-profit entities subject to U.S. Department of Health and Human Services (HHS) audit requirements related to awards from the Provider Relief Fund program and Other HHS programs and their for-profit clients. Topics covered include:
A discussion of the HHS audit requirements
Audit scope considerations
In-depth coverage of the financial audit option under Generally Accepted Government Auditing